EDF_REGISTRATION_DOCUMENT_2017

3.

ENVIRONMENTAL AND SOCIETAL INFORMATION − HUMAN RESOURCES Defining and implementing corporate responsibility

For 2017, pending the legislative and regulatory provisions arising from the process of transposition into French law of European Directive 2014/95/EU of 22 October 2014 coming into effect, this chapter contains the information that the EDF group is obliged to publish in accordance with the provisions of Article L. 225-102-1 of the French Commercial Code and the Decree of

24 April 2012 implementing the Grenelle 2 Law, which require companies to disclose how the social and environmental consequences of their activities are taken into account and report on their commitments to society in favour of

sustainable development.

3.1

DEFINING AND IMPLEMENTING CORPORATE RESPONSIBILITY

Materiality analysis 3.1.1.1 A materiality analysis consists of defining what may have a significant impact on a company, its activities and its ability to create value for itself and its stakeholders. The analysis must identify the important and pertinent issues likely to have an impact on the Company’s performance, then rank them according to their potential impact on the Company and its environment. The methodology principles governing the materiality analysis are the AA1000 standard as regards the involvement of stakeholders in identifying, understanding and responding to problems and concerns relating to sustainable development, and the GRI 101 standard which covers the quality and content of reporting, in order to respond to stakeholders’ expectations. The 2017 analysis was carried out with the support of a specialist firm and underpinned by these international standards on the basis of documentary studies, interviews and workshops conducted with about one hundred people forming a representative cross-section of the Group’s stakeholders. The list of issues analysed was defined so as to cover all the subjects reflecting the current and future risks and opportunities for the Group’s business. However, the materiality matrix is not intended to include all the issues that came to light during the process of preparing it, but only the most material ones, resulting from the highest and most commonly held expectations between the Group and its stakeholders. The project was carried out in three phases: identification of issues, prioritisation of issues and validation of results. The external stakeholders included internationally recognised experts as well as representatives of the Group’s main stakeholders (authorities, administrations, shareholders, banks, customers, partners, subcontractors, suppliers, NGOs, etc.); internally, members of the Executive Committee were involved in the process, as were managers from the Group’s main divisions and subsidiaries. The matrix was examined in a meeting of the EDF stakeholders panel and the Sustainable Development Board (2) , and then validated by the Executive Director, Innovation Strategy Planning.

The Corporate Social Responsibility Goals (CSRG) defined pursuant to the CAP 2030 strategy (section 3.1.2) set the priorities for our goals in the area of corporate responsibility. Our actions as a responsible company are defined by a number of Group policies, among them: the new Group Sustainable Development Policy (section 3.1.3), the Procurement Policy (section 3.5.7), the Ethics and Compliance Policy (section 3.1.4) and the Nuclear Security Policy (section 3.2.4.1), complemented by a policy of tax transparency (3.1.5), the drawing up of a vigilance plan (section 3.1.6) and commitments in the area of human rights (section 3.1.7). We have carried out an entirely new materiality analysis, in a more open and wider exercise, in order to give it more meaning, while at the same time taking care to see that it remains consistent with the Company’s strategic challenges and compliant with legal requirements. We have chosen to start, following the disclosures recommended by the TCFD (Task Force on Climate-related Financial Disclosures), to characterise risks and opportunities linked to climate. PRIORITISING ISSUES Evolving standard (1) are leading to greater importance being attached to materiality analyses, thus responding to the expectations of the various stakeholders: customers, investors, non-financial rating agencies, public authorities, etc. In 2014, on its own initiative and voluntarily, the EDF group had already published an initial materiality analysis. In view of how the situation is evolving, this analysis was updated in 2017 and a new matrix defined, with the material issues identified, defined and prioritised. From now on this matrix will contribute to guiding the approach to non-financial reporting. MATERIALITY MATRIX: 3.1.1

Order no. 2017-1180 of 19 July 2017 on the publication of non-financial information by certain large undertakings and groups, amending Article L. 225-102-1 of the French (1) Commercial Code, in application of Directive 2014/95/EU of 22 October 2014 in disclosure of non-financial and diversity information by certain large undertakings and groups and its implementing Decree no. 2017-1265 of 9 August 2017. This concerns a panel of external EDF stakeholders which contributes to challenging Group issues submitted to it (see section “3.5.1.3 Stakeholders’ panels”). (2)

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EDF I Reference Document 2017