The financial services market of sustainability (e.g. sustainability indices) has been developed as a requirement to support responsible investors (SRI) in the investment decision making process.
The majority of sustainability indices is established by Data providers/Index Providers that define an ESG methodology to select the companies to be included in those indices.
Sustainability indexes are an important tool for EDP to the extent that they allow the company’s sustainability performance to be measured and make a contribution to the continuous improvement of its operations, particularly in terms of its market orientation.
EDP obtained the following scores:
* Ratings are independent and, therefore, should not be compared. The above rankings were assessed in 2018.
** In accordance with a robust materiality framework, Sustainalytics' ESG risk rating provides a quantitative measure of unmanaged ESG risk and distinguishes between five levels of risk: negligible, low, medium, high and severe. The rating scale goes from 0-100, where 100 is the most severe.
EDP is present in the following indexes: