EDP, a company that operates throughout the Brazilian electric sector chain, recorded the best performance in its history in the B3 Corporate Sustainability Index (ISE) portfolio, formerly BM&F Bovespa. It will be the 15th consecutive time that the Company will be among the most sustainable companies on the Brazilian stock exchange. The term will be from January 4, 2021 to December 30, 2021.

EDP increased its rating by 3 points, obtaining above-average grades in all dimensions of the questionnaire and being considered a benchmark in five of the seven dimensions (General, Social, Environmental, Economic and Nature of the Product). The Corporate Sustainability Index selects companies that have a high level of commitment to sustainable development, generation of shared value, corporate governance, product nature, in addition to business performance in the economic, financial, social, environmental and climate change dimensions.

“This historic performance at ISE is a source of pride for EDP, as the ESG agenda is at the heart of our strategy. We are strongly committed to leading an energy transition that favors the decarbonisation of the matrix, in addition to contributing to a more just and inclusive society ”, says Miguel Setas, President of EDP in Brazil and spokesman for the Global Compact Brazil Network for the SDG 11 - Sustainable Cities and Communities.

The new ISE portfolio comprises 46 shares of 39 listed companies that together add up to R$ 1.8 trillion in market value, equivalent to 38% of the total value of companies with shares traded in B3. ISE is a tool for comparative analysis and reflects the return of a portfolio composed of shares of companies with the best performances in ESG aspects (Environmental, Social and Governance), being a reference for socially responsible investment.

In November, at the global level, the EDP Group was also selected to integrate, for the 13th consecutive year, the Dow Jones World Sustainability Index (DJSI World). The group obtained a final score of 88 points (out of 100), making it one of the two best integrated utilities in the world.

ESG commitments

In June, EDP in Brazil submitted to the United Nations (UN) the commitment to reduce its emissions to ensure that global warming does not exceed 1.5°C, adhering to the Business Ambition for 1.5°C - Our Only Future. To this end, the Company is committed to ensuring that, by 2030, 100% of the energy it generates comes from renewable sources.

The Company also joined Recover Better, a global initiative that proposes governments and businesses around the world to align their recovery and economic aid efforts related to the Covid-19 crisis based on the latest climate studies.

Also this year, Miguel Setas, president of EDP in Brazil, was announced by the UN Global Compact Brazil Network, as CEO spokesman for Sustainable Development Goal 11 (SDG 11) - Sustainable Cities and Communities - in the Leadership with Impact.

In addition, the Company subscribes to the Brazilian Business Commitment to Biodiversity, an initiative of the Brazilian Business Council for Sustainable Development (CEBDS) which endorses EDP's commitment to preventing, mitigating and offsetting impacts on diversity, in addition to generating sharing information on the topic.

About EDP in Brazil

With over 20 years of experience, EDP is one of the largest private companies in the electricity sector operating throughout the value chain. The Company, which has over 10,000 direct and outsourced employees, operates in Transmission, Trading and Energy Services and has six hydroelectric generation units and one thermal power station. In Distribution, it serves about 3.5 million customers in São Paulo and Espírito Santo, in addition to being the main shareholder of Celesc, in Santa Catarina. In Brazil, it is a reference in areas such as Innovation, Governance and Sustainability, having been in the B3´s Corporate Sustainability Index (ISE) for 15 consecutive years.

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