Strategy & Governance

Strategy & Governance

A world leader

EDF Renewables is one of the world leaders in renewable electricity production. It develops, builds and manages renewable systems in 22 countries on its own behalf as well as for third parties.
Initially, EDF Renewables operated and was based in Europe and North America (United States, Canada and Mexico). Since 2012, it has expanded into areas with a high potential for developing renewable energies, such as South Africa, the Middle East, Chile, Brazil and China.

As of 31 December 2018, installed gross capacity in the world was 12,890 MW (8,296 MW net). The gross capacity under construction was 2,360 MW.

On 12 April 2018, EDF Energies Nouvelles became EDF Renewables in 20 countries, including Italy, as part of its effort to grown in the international renewable energy market and reinforce its identity.

Our strategy

The development of EDF Renewables in Italy is framed by the general strategy of the EDF Group, which is based on four key principles:

  • Low-carbon energy: developing the main sources (wind and photovoltaic).
  • International: strengthen the group’s international presence, especially in key countries. As of today, EDF Renewables has a presence in 22 countries across 4 continents.
  • Innovation: contribute to new technologies in the area of marine energy, storage, and solar. Contribute to the optimisation of mature renewable technologies and the growth of industrial initiatives.
  • Partnership: prioritise local partnerships to access new markets and help local economies.

As an integrated operator with an industrial dimension, EDF Renewables covers the entire renewable energy value chain

Governance

EDF EN Italia believes that, for a company to be managed correctly, its shareholders, employees, suppliers and all stakeholders in general must provide information on the rules and procedures that govern it. For this reason, EDF EN Italia has implemented a Governance system, including adopting and updating a Code of Ethics and a Management and Control Organisation Model pursuant to legislative decree 231/2001 obtaining the appropriate legal rating.

Legislative decree no. 231 of 8 June 2001 introduced into the Italian legal system the administrative responsibility of companies for certain crimes that are in its interest or benefit it, committed by directors, employees or collaborators in general, resulting in pecuniary and interdictory sanctions being applied against the Company.

In order to prevent, as much as possible, the commission of the crimes set out in legislative decree no. 231, EDF EN Italia has adopted with Code of Ethics of the EDF Renouvelables, through its Management and Control Organisation Models, which are part of a wider corporate governance policy that abides by ethical business management principles.