These agencies compile and manage indexes which are then used by socially responsible investment analysts as a guide in their investment choices.
The main agencies by which EDF is rated:
Following an in-depth independent analysis and based on social, environmental and nuclear safety criteria, the FTSE4Good Policy Committee has included in march 2012 the EDF Group into the prestigious FTSE4Good index. The EDF Group in now one of five nuclear operators meeting the stringent criteria set up by the FTSE4Good.
Worldwide recognized, the FTSE4Good was set up by the Global Index Company with the aim of promoting investment in companies that meet ambitious Corporate Social Responsibility (CSR) standards in social and environmental matters. Nuclear power companies must meet specific criteria for the operational safety of their facilities and for waste management.
Inclusion in the FTSE4Good index is a highly visible evidence for investors of the Group's advanced industrial capabilities. Transparency, nuclear safety and waste management are at the core of the Group's main priorities.
Since 2005, EDF has been included in the ASPI Eurozone® index, which consists of the 120 listed Eurozone companies that perform best in social and environmental terms.
Stocks are selected on the basis of the extra-financial assessments made by Vigeo. 9 of the 34 ranked companies in the electricity and gas industry sector, including EDF, are included in the ASPI index.
Furthermore, on 1 November 2012, Vigeo created 3 new indexes. EDF is included in all of these:
For 2012, EDF is ranked ninth in its sector with an overall score of 55/100.
Breakdown of the rating:
|Domains||Rating KA/2008||Rating 06/2009||Rating 02/2011|| Rating 10/2012 |
|Human resources ||+||+||++||++|
|Business behavior ||+||=||=||-|
|Corporate governance ||=||=||=||=|
|Community involvement ||++||++||++||++|
++ the company is ranked as a leading performer in its sector
+ the company is ranked as an active performer in its sector
= the company is ranked as an average performer in its sector
- the company is ranked as a below average performer in its sector
-- the company is ranked as a poor performer in its sector
This agency assesses businesses in three separate areas (economic, social and environmental) and then awards a percentage score on the basis of its findings.
The indexes published by SAM are called the Dow Jones Sustainability Indexes. Following an invitation from the agency, the EDF Group was assessed for the first time in 2009 (regarding 2008 results).
| 2009 ||2010||2011||2012||Trend|
|EDF rating||56%|| 61% ||59%||66% |
|Average for the "Electricity" sector||56%|| 52% ||58%||61%|
|Economy dimension||57%||56% ||57% ||71% |
|Environment dimension||59%||60% ||56% ||60%|
|Social dimension||50% ||68% ||65% ||65% |
The EIRIS agency manages extra-financial research and analysis via a network of partner agencies, and is responsible for selecting businesses to be included in the FTSE4Good index.
EIRIS is also one of the main suppliers of extra-financial information on the European socially responsible investment market.
The Carbon Disclosure Project is a non-profit-seeking independent body which gathers information on world climate change and maintains the largest database on the subject.
With the backing of its 655 financial institutions managing a total of US$78 trillion, the CDP has encouraged almost 6,000 of the world's largest companies to provide them with information regarding their climate strategies and their reducing greenhouse gas emissions. This global system allows companies, investors, policy-makers and purchasing managers to better understand the position of companies in the context of a future low carbon economy and constitutes a strong signal appealing to companies to adopt a transparent approach to their climate change strategies.
The Carbon Disclosure Leadership Index (CDLI) scores transparency in corporate communication rather than performances with regard to climate impact.
In 2012, 81% (405) of the Global 500 companies responded to the CDP questionnaire. In France, 97% of CAC 40 companies responded, showing the important involvement of the French largest companies regarding transparency and reduction of greenhouse gas emissions.
EDF Group scores
|Performance rating|| |
Taking a closer look