EDP is awarded the 2016 Transparency Trophy | EDP Brasil

The EDP Group, which operates in the areas of energy distribution, generation, commercialization and solutions, won the 2016 Transparency Trophy, an award granted by the National Association of Executives of Finance, Administration and Accounting (ANEFAC) to companies with the best accounting practices.

The holding company was one of the companies elected in the Energy Sector, highlighting the quality of the information contained in financial statements, including items such as clarity, transparency and adherence to international accounting standards.

"It is with great satisfaction that we receive this award, the top one in the area of accounting. Society demands clear information, and we take transparency very strictly at EDP," says Henrique Lima Freire, Vice President for Finance at EDP Brasil.

The judging committee of the award is formed by members with Master and Doctoral Degrees in Accounting from USP (University of S‹o Paulo), and includes the technical evaluation of FIPECAFI (Accounting, Actuarial and Financial Research Institute Foundation).

"The award reinforces the company commitment to good practices of governance, demonstrating clarity and quality in the information provided to the market, to investors and, especially, to our shareholders," says AndrŽ Lu’s Almeida, Director of Accounting, Taxes and Company assets.

Transparency is one of the essential aspects of good business management. In this sense, the clarity and quality of the information available to the market earned to Group an honorable mention in the category of Corporate Governance in 2015 in the 17th Abrasca Award - Best Annual Report.

For more than 10 years, the Company has also been part of the Novo Mercado da BM & FBovespa, with strict rules of transparency and high standards of governance, as well being part of the Sustainability Index (ISE), made up of companies that stand out for their commitment to sustainable development, equity, transparency and accountability.