As part of this commitment EDF Energy aims to deliver this reduction in an open and transparent manner and recognise that to meet this challenging target, economic, social and environmental factors need to be integrated in to all decisions and business operations.
To realise this goal EDF Energy has introduced a number of measures including Accounting for Sustainability’s Connected Reporting Framework (CRF).
The CRF is a set of principles that show businesses best practice in reporting their sustainability and financial information together in a clear, concise and comparable manner.
Using this tool EDF Energy is able to show its investment costs in the context of the commitments it has set and the company’s performance; enabling clear decision-making on investments.
EDF Energy use the CRF in real time to help drive change, identify risks and modify its actions. This enables the company to understand the impact it is having on society and the environment so that these impacts can be better managed.
Other critical factors that EDF Energy have introduced to ensure sustainability is integrated include senior management commitment, clear sustainability targets, communication from management, alignment of organisational structure and performance processes, systems to measure and report carbon dioxide emissions and energy use alongside mainstream financial reporting systems, clear definitions and data assurance, dedicated assurance resource and dialogue with stakeholders.
