Global Compact reconciliation

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.
Edison also promotes the SGDs and contributes to achieving the objectives set during COP21.
Edison’s new strategy is focused on renewable energies and customer centrality through energy efficiency services.

G4-1 Letter to our stakeholders
Edison’s strategy
Edison’s role in the sustainability debate
The low carbon commitment to stop climate change

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.
The Corporate Social Responsibility division brings together activities and initiatives and implements the Executive Committee’s strategic guidelines and suggestions.
In 2016, the sustainability network, comprised of the various company focal points, was formalised.

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.
Thanks to stakeholder engagement efforts, Edison prevents reputation risks, strengthens its pursuit of the targets that it has set and improves both its performance and dialogue with all stakeholders and its relationship in the areas where it operates.

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.
As part of the vetting process, suppliers and sub-contractors undertake to comply with these principles, the 231 Model, the code of ethics and the human rights policy.
As part of the TenP project, in addition to the sustainable supply chain self-assessment platform, projects have been defined to increase the collection of information to evaluate suppliers’ sustainability policies.

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
needs and reinforces programs to support a better work/life balance with Wellness@work.
It has launched a process to improve inclusion and make the most of personal difference, in addition to a women’s leadership project.
In recent years, it has commenced and strengthened talks with the trade unions: Edison employees in Italy are covered by the national labour agreements.
Edison puts crucial focus on safeguarding and protecting health and safety in the workplace, both for its own personnel and the employees of third party contractors. In 2016, the overall injury frequency rate was further reduced.
With MyEdf, it monitors satisfaction and implements specific improvement plans.

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.
In 2016, following the corporate reorganisation, the Energy Services Market Division was set up with the aim of contributing to the Company’s growth on the market by developing, selling and managing energy and environmental services.
Edison has strengthened its commitment to the production of electricity from renewable sources, setting the ambitious goal of a renewable energy target of 40% by 2030.

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.
In 2016, Edison launched a new and more effective whistleblowing system.

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
and environmental sustainability.
Thanks to a transparent, ethical approach, Edison has forced a partnership relationship with its
suppliers, which have become an active part of this network.

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.
Each year, Edison reports on its sustainability performance in the Sustainability Report, which it shares with the various stakeholders.

Methodological notes
Assurance from an independent party

Edison’s Sustainability Report is subject to an independent assurance review by a third party.