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a better energy, a better future, a better world index 4 opening message 6 organisational structure 8 company highlights 2011 12 performance indicators 14 priorities for 2012-2013 16 people management at edp – human resource policies 17 human rights management 19 diversity and equal opportunities 21 management of work and labour relations 21 retirement 21 labour relations 23 employment and mobility 23 description 23 diversity 23 Internships 24 welcome and induction 26 training, development and performance evaluation 26 value and develop 28 EDP university 29 leader training and awareness 29 generating opportunities 30 evaluation of potential and performance 30 succession management 31 remuneration and benefits 31 remuneration 32 benefits 34 accident prevention and occupational health and safety 34 edp’s responsibilities 37 employees’ health and wellbeing 37 health care 37 occupational health 38 work-life balance 40 employee satisfaction 41 voluntary contributions to the community 44 GRI table 46 responsibility for reporting of social performance 46 report contents 46 corporate consolidation criteria 46 glossary opening message In a year of countless challenges, EDP has once again earned its place as a leading company that is oriented towards results and efficiency, as well as sustainability and social responsibility. And because our social responsibility begins at home and extends to the communities to which we belong, EDP believes in its people as a major competitive advantage in its role as an international organisation. We know that strengthening the emotional bond between people and the company generates success and we want to have happy, motivated, productive people. We chart our course in the knowledge that they are our differentiating factor. We advocate hands-on human resource management that involves valuing and developing skills and recognising merit and, counts on everyone’s alignment and commitment. Because we believe that each employee’s family and personal life should be stimulated and acknowledged as an integral part of the Group’s dimension, Being EDP is also being able to balance a career with the individual and family interests that the company prizes. After certification as family-friendly companies of the Group companies in Spain (HC, Naturgas and Renováveis) by Fundación Másfamilia, we are working for Portugal to follow this example in 2012. 4 We are known for our unparalleled ethical conduct and best practices. We believe in diversity, we guarantee the integrity of our actions and we are true to our values, principles and commitments. This is the EDP attitude, which is clearly visible in the enthusiastic work done by a strong, committed team focusing on the company’s goals and results. This feeling of belonging, which is shared by all employees in all EDP countries (as demonstrated by the excellent results of the 2011 Climate Survey), unifies strategy and fosters success. The response to the challenges facing us has been unmistakable. We are a role model in the markets in which we operate. This document, which we plan to constantly enrich, describes people management at EDP, a reality that means we are held in high regard for our attitude and social dimension, as demonstrated by our classification in the Dow Jones. By publishing this social report, EDP is once again taking its place as a successful organisation that reflects the way in which we handle the daily management of our greatest asset: our people. António Pita de Abreu 5 organisational structure EDP, S.A. ELECTRICITY RENEWABLES GAS BRAZIL OTHER SHAREHOLDINGS (Excluding EDP Renováveis) PORTUGAL SPAIN PORTUGAL SPAIN ELECTRICITY EDP Soluções 100% 3,5% REN Comerciais SOURCING 15,5% Hidroeléctrica del 100% 62% EDP Renováveis(6) ORDINARY Cantábrico(6) 100% EDP Valor 9% Elcogás(1) REGIME (1) 51% EDP Brasil GENERATION EUROPE 100% EDP Gás SGPS 100% HC Gás GENERATION 26% EDP Renewables Naturgas 100% SãVida 100% EDP Ásia 100% EDP Produção Elerebro 100% (8) 74% Europe 95% Energia Grupo(1) 100% Energest PORTUGAL TRANSPORT CTCC Rede 100% SCS 21% CEM 100% Tergen 100% 56% Soto 5 100% NE Transporte Lajeado 100% EDP Renewables CTCC Portugal 100% O&M Serviços 75% SPAIN 62% Investco EDP Imobiliária Grupo 4 100% NE Distribución 100% EDP Finance BV 100% DISTRIBUTION e Participações 11% Tejo Energia 100% Genesa 60% Enerpeixe 20% Setgás EDP Serviner (7) Couto 100% 2% BCP SPECIAL 10% EDA 100% Agrupación Eólica 49% REGIME Portgás 40% Tolosa Gasa Magalhães 72% GENERATION Distribuição 50% Geoterceira 100% Neo Catalunya 50% Porto NE Distrib. 100% EDP Estudos 100% do Pecém HC Múrcia e Consultoria 82% Soporgen 100% Ipueiras 40% Portsines Cogeneración 100% Neo Aragón 100% Energia SA 100% Labelec 65% Energin DISTRIBUTION 5% Taguspark Millenium 100% 50% CEASA SUPPLY FRANCE 100% Pebble Hydro Intever 100% 100% Bandeirante EDP Gás Serv. NE 100% EDP Inovação EDP Renewables 100% 100% 100% Universal Comercialización Sierra de France 100% Escelsa 88% BELGIUM NE Comercializ. la Tercia 100% EDP Gás GPL 50% de último 50% EDP Produção recurso(5) SUPPLY 52% CEO Bioeléctrica(2) Sinova 84% 70% GreenWind POLAND EDP-Ventures 100% EDP Gás.com 100% Enertrade 100% EDP Renewables 100% Windplus Polska 42% Bioastur 50% ROMANIA DISTRIBUTION EDP Renewables 85% Romania 100% Energia RE HC 100% EDP Distribuição 100% 85% Cernavoda Distribución 100% EDP Internacional 85% Pestera 60% EME2-ACE UNITED Note: Organisational chart not comprehensive and % KINGDOM EDP Servicios 100% of participation according to % of consolidation. Financieros Some of the percentages shown relate 55% INOVGRID-ACE EDP Renewables 100% to indirect shareholdings. UK HC Soluciones (1) SUPPLY 100% Companies owned by Hidroeléctrica del Cantábrico 67% Moray Offshore (1) Comerciales (2) Company owned 40% by EDP, SA; 5% by EDP Produção and 5% by EDP Imobiliária e Participações ITALY 100% EDP Serviço HC Energía 100% (3) Companies owned, directly or indirectly, Universal 100% HC Servicios(1) EDP Renewables by Naturgas Energía Group 100% (4) NORTH Itália Company owned 45% by EDP Brasil AMERICA (5) 100% EDP Comercial HC CUR(5) 50% Companies owned 50% by HC Energía and 50% 100% NE Servicios(3) by Naturgas Energía Group EDP Renewables (6) Companies that are part of the assets 100% North America of EDP - Energias de Portugal - Sociedade Anónima, CIDE HC Energía 50% Sucursal en España ENERGY NGE Servicios 100% (7) SERVICES Comunes(3) Group EDP Pensions Fund owns a 0.9817% participation EPD Renewables (8) 100% Company owned 65% by HC Energía Gas and 30% Canadá by Millenium 100% SOUTH EDP Serviços AMERICA 100% EDP Projectos 55% EDP Renováveis 100% Home Energy Brasil(4) 6 EDP, S.A. ELECTRICITY RENEWABLES GAS BRAZIL OTHER SHAREHOLDINGS (Excluding EDP Renováveis) PORTUGAL SPAIN PORTUGAL SPAIN ELECTRICITY EDP Soluções 100% 3,5% REN Comerciais SOURCING 15,5% Hidroeléctrica del 100% 62% EDP Renováveis(6) ORDINARY Cantábrico(6) 100% EDP Valor 9% Elcogás(1) REGIME (1) 51% EDP Brasil GENERATION EUROPE 100% EDP Gás SGPS 100% HC Gás GENERATION 26% EDP Renewables Naturgas 100% SãVida 100% EDP Ásia 100% EDP Produção Elerebro 100% (8) 74% Europe 95% Energia Grupo(1) 100% Energest PORTUGAL TRANSPORT CTCC Rede 100% SCS 21% CEM 100% Tergen 100% 56% Soto 5 100% NE Transporte Lajeado 100% EDP Renewables CTCC Portugal 100% O&M Serviços 75% SPAIN 62% Investco EDP Imobiliária Grupo 4 100% NE Distribución 100% EDP Finance BV 100% DISTRIBUTION e Participações 11% Tejo Energia 100% Genesa 60% Enerpeixe 20% Setgás EDP Serviner (7) Couto 100% 2% BCP SPECIAL 10% EDA 100% Agrupación Eólica 49% REGIME Portgás 40% Tolosa Gasa Magalhães 72% GENERATION Distribuição 50% Geoterceira 100% Neo Catalunya 50% Porto NE Distrib. 100% EDP Estudos 100% do Pecém HC Múrcia e Consultoria 82% Soporgen 100% Ipueiras 40% Portsines Cogeneración 100% Neo Aragón 100% Energia SA 100% Labelec 65% Energin DISTRIBUTION 5% Taguspark Millenium 100% 50% CEASA SUPPLY FRANCE 100% Pebble Hydro Intever 100% 100% Bandeirante EDP Gás Serv. NE 100% EDP Inovação EDP Renewables 100% 100% 100% Universal Comercialización Sierra de France 100% Escelsa 88% BELGIUM NE Comercializ. la Tercia 100% EDP Gás GPL 50% de último 50% EDP Produção recurso(5) SUPPLY 52% CEO Bioeléctrica(2) Sinova 84% 70% GreenWind POLAND EDP-Ventures 100% EDP Gás.com 100% Enertrade 100% EDP Renewables 100% Windplus Polska 42% Bioastur 50% ROMANIA DISTRIBUTION EDP Renewables 85% Romania 100% Energia RE HC 100% EDP Distribuição 100% 85% Cernavoda Distribución 100% EDP Internacional 85% Pestera 60% EME2-ACE UNITED Note: Organisational chart not comprehensive and % KINGDOM EDP Servicios 100% of participation according to % of consolidation. Financieros Some of the percentages shown relate 55% INOVGRID-ACE EDP Renewables 100% to indirect shareholdings. UK HC Soluciones (1) SUPPLY 100% Companies owned by Hidroeléctrica del Cantábrico 67% Moray Offshore (1) Comerciales (2) Company owned 40% by EDP, SA; 5% by EDP Produção and 5% by EDP Imobiliária e Participações ITALY 100% EDP Serviço HC Energía 100% (3) Companies owned, directly or indirectly, Universal 100% HC Servicios(1) EDP Renewables by Naturgas Energía Group 100% (4) NORTH Itália Company owned 45% by EDP Brasil AMERICA (5) 100% EDP Comercial HC CUR(5) 50% Companies owned 50% by HC Energía and 50% 100% NE Servicios(3) by Naturgas Energía Group EDP Renewables (6) Companies that are part of the assets 100% North America of EDP - Energias de Portugal - Sociedade Anónima, CIDE HC Energía 50% Sucursal en España ENERGY NGE Servicios 100% (7) SERVICES Comunes(3) Group EDP Pensions Fund owns a 0.9817% participation