GLOBAL COMPACT ADVANCED CRITERIA | DESCRIPTION | REF. G4 | PAGE | |
---|---|---|---|---|
19 | The CEO’s commitment and leadership | Edison has shown its commitment to upholding the principles of the UN Global Compact by
implementing them in its business. Its code of ethics makes explicit reference to these principles. |
G4-1 | Letter to our stakeholders Edison’s strategy Edison’s role in the sustainability debate The low carbon commitment to stop climate change |
20 1 |
Board oversight and supervision Extension to the corporate functions and business units |
The Executive Committee chaired by the CEO and composed of the heads of the most important
divisions is responsible for sustainability issues. |
G4-34 | Governance in the service of change and company values |
21 | Stakeholder engagement | Dialogue with stakeholders is central to Edison’s operations. Accordingly, it has created structure
processes to gather feedback from stakeholders and engage them. |
G4-24 G4-27 |
Relationships with stakeholders |
15-18 | United Nations goals | Edison is committed to achieving the SDGs and, in 2016, it commenced a process to integrate them into its sustainable development policy soon to be published. |
DMA | Edison’s role in the sustainability debate |
3-5 | Human rights: - Commitments, strategies and policies - Management system - Control and assessment mechanisms |
Edison has included the principles of the Global Compact in its code of ethics. Moreover, it has all
employees and all third parties sign and comply with the code of ethics. |
DMA | Internal control and risk management system Skills and gainful employment Suppliers as drivers for development |
6-8 | Labour - Commitments, strategies and policies - Management system - Control and assessment mechanisms |
Edison promotes the growth of its employees and development of their skills. It listens to their specific |
DMA | Skills and gainful employment |
9-11 | Environmental: - Commitments, strategies and policies - Management system - Management system |
Edison devotes substantial attention to the impacts of its business and equips itself with tools to
mitigate the effects, including taking a pro-active approach. |
DMA | The low carbon commitment to stop climate change Continuous improvement to reduce impacts |
12-14 | Anti-corruption: - Commitments, strategies and policies - Management system - Control and assessment mechanisms |
Edison’s Code of Ethics is subject to periodic review, also in order to reinforce its “zero tolerance” of
fraud and corruption, by explicitly referencing the ten principles of the United Nations Global Compact. |
G4-56 DMA |
Edison’s strategy Internal control and risk management system |
2 | Value chain | Edison is at the core of a network aimed at creating value in the long term, promoting economic, social |
G4-12 G4-13 EC9 EN17 LA6 DMA |
Suppliers as drivers for development Data and indicators - Employees Data and indicators - Environmental Methodological notes |
Transparency and disclosure in reporting | Edison has communication channels and tools that contribute to keeping dialogue with all its
stakeholders active and effective. |
G4-3 G4-13 |
Methodological notes | |
Assurance from an independent party | Edison’s Sustainability Report is subject to an independent assurance review by a third party. |
G4-33 |