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Climate change

EDP Group · last updated

Reducing GHG emissions is crucial to mitigate our action on the planet. EDP will do it by accelerating renewable energy and decarbonizing operations.

Built upon the commitment to become Net Zero by 2040, and as a result of the internal work by the Net-Zero Acceleration Task Force, in 2023 EDP put in place its Climate Transition Plan, marking a significant step towards a sustainable future.

Aligned with the Task Force on Climate-Related Financial Disclosures (TCFD), CDP (Technical Note on Reporting Transition Plans) and the UN’s High Level Expert Group recommendations, the Plan sets the baseline of EDP’s strategy for this decade under a broader pathway for a net-zero goal, identifies priority actions, and points out main challenges.