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ANNUAL REPORT 2020 at EDP, We Are in the Business of Innovating

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ANNUAL REPORT 2020 at EDP, We Are in the Business of Innovating ANNUAL REPORT 2020 At EDP, we are in the business of innovating. Our 4 decade long track record has turned us into better energy providers and pioneers of the green evolution. Change has been our driver as we deliver an agile network with more efficient, smart and sustainable solutions. As leaders in the energy transition, we see investment in renewables as an active way to engage with future generations, promoting decarbonisation in energy production and consumption. We are playing our part for a more balanced and sustainable world, one that is inclusive, diverse and humane. We’re changing tomorrow now. 01 02 03 04 INDEX 05 06 07 01 MACRO INDICATORS 05 02 INSTITUCIONAL MESSAGE 06 08 03 STATUTORY BODIES 07 Organisational chart 07 09 04 MISSION & VALUES 08 05 EDP FOUNDATION ACTIVITY 09 5.1. Social investment 10 5.2. Museum 11 5.3. Culture 14 5.4. Art collection 16 5.5. The year in images 18 06 ECONOMIC & FINANCIAL SITUATION 21 07 PROFFIT APPROPRIATION 23 08 FINANCIAL REPORT 25 07 CERTIFICATIONS & STATEMENTS 38 Changing tomorrow now. 03 ANNUAL REPORT 2020 01 Macro indicators 02 03 04 05 FROM DISRUPTION TO EVOLUTION 06 07 08 09 Changing tomorrow now. 04 ANNUAL REPORT 2020 01. 01 MACRO Macro INDICATORS indicators 02 03 04 N.º VISITORS N.º EXHIBITIONS CULTURAL PATRONAGE 05 06 61.045 6 670.500€ 07 08 09 INCOME FROM SOCIAL EDP GROUP EDP FOUNDATION INVESTMENT REGULAR GRANT ACTIVITIES 586.716€ 12.700.000€ 524.876€ 05 ANNUAL REPORT 2020 02. 01 INSTITUTIONAL 02 MESSAGE EDP FOUNDATION EXECUTIVE BOARD message Institutional 2020 is a year that will always be remembered for the global Bailado (National Ballet Company), Casa da Música, Arpad In addition, to maintain the best cultural offer possible, in 2020 pandemic that impacted millions of lives and deeply affected Szènes-Vieira da Silva Museum and Orquestra Sinfónica the EDP Foundation launched three issues of the institution’s 03 society and economies worldwide. Juvenil (Youth Symphony Orchestra). All of these have earned magazine Electra, which addressed the themes “Memory and our respect and gratitude for providing access to various forms Forgetting”, “Speed” and “Work and the Future of Work”. We note Due to this crisis, the EDP Foundation felt the urgent need to of culture in such difficult times. that to promote and disseminate culture during the lockdown, 04 carry out its social mission. An intent it sought to accomplish the complete issue of Electra with the theme “Memory and by supporting the most vulnerable citizens, thereby focusing Furthermore, it is important to mention that the EDP Forgetting” was provided for free and entirely online. 05 the year’s social investment efforts on healthcare. Foundation’s cultural activities were also naturally affected by the restrictions imposed on the sector in general. In particular, As in other areas of activity, moments without the public’s Between March and April, the Foundation’s aid to fight the the programming of the MAAT and Tejo Power Station museum presence represent opportunities for a positive intervention 06 pandemic played a particularly important role among an spaces, which are part of the EDP Foundation campus, was in spaces. Therefore, the EDP Foundation campus created extremely fragile segment of the population: the elderly. severely impacted by the lockdown enacted by the Government. new communal areas such as the museum’s cafeteria and 07 Therefore, from the outset, the EDP Foundation mobilised restaurant, a new ticket office, and an information desk in Praça approximately 500 thousand euros to guarantee the distribution Despite these adversities, the EDP Foundation strived to do Carvão (Coal Square). of almost 550 thousand personal protective items to the continue to respond in the best way possible to those seeking 08 residents and staff of retirement homes in 16 districts in culture in Portugal: committed to (1) guaranteeing important Thanks to all of these initiatives, the EDP Foundation not only Portugal. Thanks to this initiative, jointly coordinated with the individual and collective exhibitions during the months when it ended 2020 with the conviction that it fulfilled its duty, but also Ministry of Labour, Solidarity and Social Security, the EDP was open to the public (ex.: Gabriel Abrantes, André Cepeda), took important steps to become a leading institution at the 09 Foundation assisted 300 senior homes and almost 26.000 and (2) offering an ambitious digital programme when in- service of the Portuguese community. beneficiaries with urgent personal protection needs. person access was prohibited. Because the EDP Foundation believes that Education, Art and To bring this digital programme to life, the EDP Foundation Culture are also important mechanisms to build social inclusion sought the participation of artists, architects and thinkers, and reduce inequalities, which are even greater at this time, who transformed the museum into a poly-functional civic we also maintained our patronage support to various cultural arena, where a series of events questioned the role of cultural institutions. Among several entities receiving this sponsorship, institutions in society and prototyped the museum of the future. we note the Serralves Foundation, Companhia Nacional de 06 ANNUAL REPORT 2020 03. 01 STATUTORY 02 BODIES 03 bodies Statutory EDP FOUNDATION GOVERNING BODIES* ORGANISATIONAL CHART* 04 Board of Trustees Board of Directors 05 CEO President CEO Vasco Rocha Vieira Rui Miguel Coutinho 06 Baptista António Mexia Dingming Zhang José Manuel dos Santos CEO Office Miguel Stilwell Catarina Seixas 07 Miguel Setas Eduardo Rosa Silva Patrick Gois 08 Museum/ Social Programming Innovation Executive Board Supervisory Board 09 President CEO António Mexia Vítor Gonçalves Campus Culture Vera Pinto Pereira Miguel Ribeiro Ferreira Rui Miguel Coutinho Baptista KPMG & Associados José Manuel dos Santos Paulo Campos Costa Financial & Marketing & Administrative Communication * Situation as at 31 December 2020 07 ANNUAL REPORT 2020 04. 01 MISSION & 02 VALUES 03 04 The EDP Foundation is a private non-profit As the Foundation of a cosmopolitan and socially institution with public interest status, responsible corporation, its mission is to help founded by EDP – Energias de Portugal, S.A. improve the quality of life of people, through values on December 2004. social, cultural and scientific initiatives. Mission & & Mission MISSION 05 06 07 TRANSPARENCY COMMITMENT INNOVATION in concepts in every choice to the community & solutions 08 09 VALUES EFFICIENCY RIGOUR in execution in management & reporting 08 ANNUAL REPORT 2020 01 02 03 FROM TOMORROW TO BEYOND 04 05 activity EDP Foundation Foundation EDP 06 07 08 09 Changing tomorrow now. 09 ANNUAL REPORT 2020 05.1. 01 SOCIAL 02 INVESTMENT 03 04 The EDP Foundation allocated 500 thousand euros to the At the same time, the EDP Foundation also delivered 3,500 PROJECT PARTNER VALUE (€) BENEFICIARIES 05 Programa EDP Solidária (EDP Solidarity Programme), to help protective masks to the APDP - Associação Protectora dos fight the Covid-19 pandemic. This investment was undertaken Diabéticos de Portugal (Portuguese Diabetes Association). EDP SOLIDARITY PROGRAMME activity as part of the “Heróis de Máscaras” (Heroes in Masks) initiative, an exclusive partnership between the Programa EDP Solidária Still in social investment, the EDP Foundation Programa Arte Heróis de Various 501.503 25.914 Máscaras entities (EDP Solidarity Programme), Correio da Manhã newspaper and Pública (Public Art Programme) was also continued. Targeting Foundation EDP (Heroes in CMTV television channel, and involved donating masks, gloves, low population density regions across the country, this project Masks) safety glasses and disposable gowns to senior homes. For this aims to provide access to art and engage populations in new Programme effort, which took place between March and April 2020, the cultural experiences, as well as stimulate local development by Heróis de 67.350 N.A. 06 Ministry of Labour, Solidarity and Social Security identified 300 bringing public art to rural environments. Máscaras (Heroes in senior homes with urgent needs for equipment to provide care Masks) 07 to their residents and protect their staff. These are Private In 2020, another work was produced in the Minho region, Other costs Charitable Organisations, or legally equivalent entities, that in Braga. This was an intervention by the artist José Pedro SOCIAL INNOVATION PROJECTS care for a minimum of 30 patients. Santos, who transformed an EDP secondary substation in 08 Merelim S. Paio/Panoias into a “watchtower”. Reusing sewage EDP Foundation 1.046 N.A. Solidarity Thus, this initiative benefitted 25.914 residents and pumps in an ironic way, the installation intends to cast a Schools employees of retirement homes in 16 districts in Portugal. warning glance, proposing an environmental vigilance of the 09 EDP Foundation 405 N.A. Altogether, more than 545 thousand personal protective riverside, Cávado river and the monastery’s woodlands. Public Art items were distributed, such as masks, safety glasses, gloves and gowns. 10 ANNUAL REPORT 2020 05.2. 01 During the lockdown, and in order to stay connected 02 MUSEUM to the public, the museum organised, as of 6 April, a virtual opening with specially designed 03 documentaries and digital content. 04 05 activity The maat’s annual activities were severely restricted by with the staff involved in the museum’s programming, and In the digital domain, maat mode ran for seven weeks, providing the pandemic, namely due to the lockdown mandated others developed specifically for this domain – interviews, specific daily themes through the museum’s channels in social Foundation EDP on 12 March and which ordered the museum close to visual essays, films, etc. As an example, maat.ext hosted an media – Instagram, Facebook and the new maat channel the public for three months. The new building had been unprecedented audiovisual project by the North American on Youtube: projects with artists from the EDP Foundation closed since the end of 2019 for works on the roof, and artist James Ferraro, as well as a digital presentation by the Art Collection, short documentaries about the history of the 06 the reopening was thereby postponed.
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