Edison

PRINCIPLES OF THE GLOBAL COMPACT

EDISON'S PRACTICES AS OF 2008

1. Businesses should support and respect human rights in the areas under their control

Compliance with the laws of each of the countries in which Edison operates and with international conventions on human rights and labor standards. In activities outside Italy, adoption of the contractual conditions for the oil and gas industry that govern labor relations.

2. Businesses should make sure that they are not complicit, even indirectly, in human rights abuses

“Zero risk” environment is the stated goal in the area of occupational health and safety. In Italy, adoption of a management system that complies with the OHSAS 18001 standard. In a pilot project in the Ivory Coast, adoption by the international operations of the “guidelines to define an integrated environmental and safety system” developed by the Hydrocarbons Business Unit.

3. Businesses should uphold the freedom of association and recognize the right to collective
bargaining

Adoption of procedures for foreign operations to ensure that:
a) environmental risks and risks affecting employee health and safety are properly assessed;
b) best international practices are followed in addition to complying with local laws;
c) suppliers comply with Company regulations in the area of safety, protection and environmental health.

4. Businesses should ensure that they do not employ forced or
compulsory labor

Diffusion of the Code of Ethics among employees working both in Italy and abroad, and among suppliers, sales agents and partners.

5. Businesses should abstain from the use of child labor

Special projects: a) support for the Centre de Recherche et Formation sur l’État en Afrique in partnership with the UNDP (United Nations Development Program); b) financial support for Save the Children’s Back to School program to rebuild the Banda Aceh school system, which was devastated by the Tsunami at the end of 2004.

6. Businesses should eliminate all forms of discrimination in its
hiring and termination policies

Adoption of internal procedures that, consistent with the principles of the Code of Ethics, protect individuals from discrimination of any kind in hiring and professional development. Transparent handling of the processes that apply to early retirement and long-term unemployment programs provided within the context of industrial relations.

7. Businesses should support a precautionary approach to environmental challenges

Adoption in Italy of environmental management systems that comply with ISO 14001/EMAS Regulations at all production locations.

8. Businesses should undertake initiatives to promote greater
environmental responsibility

In a pilot project in the Ivory Coast, adoption by the international operations of the “ guidelines to define an integrated environmental and safety system” developed by the Hydrocarbons Business Unit. Inclusion of technical specifications that include environmental obligations for contractors in all
contracts for the supply of technical services in areas of “critical” importance for the environment. Adoption of high-efficiency (combined cycle) technologies that use environmentally friendly natural gas.

9. Businesses should encourage the development and diffusion of environmentally friendly
technologies

Supply of energy audit services to customers to reduce energy consumption. Availability of “ ecodoc” energy, which is energy certified as being produced exclusively with renewable sources. Research and development projects focused on: technologies for energy generation from renewable sources (biomasses, photovoltaic and thermodynamic solar systems) that have minimum impact on the environment (fuel cells) and technologies for the efficient use of energy. Special projects:
a) promotion of energy conservation in partnership with Legambiente;
b) support for a program of the Abruzzo, Latium and Molise National Park to protect the Marsican bear and safeguard biodiversity.

10. Businesses should promote anti-corruption initiatives

Adoption of the Code of Ethics and the 231 Organizational Model for the Group.