The Internal Control and Risk Management System and non-financial disclosure
Edison has adopted an Internal Control and Risk Management System relating to sustainability reporting pursuant to Legislative Decree 125/2024 and sustainability information in general. The sustainability internal control system ensures the reliability, accuracy, trustworthiness, and timeliness of data and information subject to sustainability reporting, and consistency with the reporting assertions required by the ESRS standards, through the formalization and codification of reporting risks, dedicated controls and their monitoring. In order to structure an effective and efficient control system, the design of the Sustainability Internal Control System took into account the tools and processes used in the internal control system on financial reporting, in particular 262 Model.
Sustainability Certificate Officer
Edison, as a public interest entity required to prepare sustainability reporting, has appointed, in accordance with the procedures and professional requirements set forth in the By-Laws and in compliance with Legislative Decree 125/2024, a manager, other than the Corporate Accounting Documents Officer, with specific expertise in sustainability reporting, who, together with the Chief Executive Officer, certifies the compliance of the sustainability report with the reporting standards required by applicable regulations in a specific report attached to the Annual Financial Report (Sustainability Certificate Officer).
The Sustainability Certificate Officer is responsible for designing, implementing and monitoring, in consultation with the Chief Executive Officer, the internal control system for sustainability reporting and supervising the sustainability reporting process.
The Board of Directors deemed it appropriate to identify a dual-subject body as the Sustainability Certificate Officer, jointly appointing Sustainability Director Barbara Terenghi and Chief Financial Officer Ronan Lory to the role, as individuals with adequate and specific expertise in sustainability, thus replicating the “dual” model permitted by law and already chosen for the Corporate Accounting Documents Officer.
CV Ronan Lory
CV Barbara Terenghi
The Sustainability Certificate Officer is responsible for designing, implementing and monitoring, in consultation with the Chief Executive Officer, the internal control system for sustainability reporting and supervising the sustainability reporting process.
The Board of Directors deemed it appropriate to identify a dual-subject body as the Sustainability Certificate Officer, jointly appointing Sustainability Director Barbara Terenghi and Chief Financial Officer Ronan Lory to the role, as individuals with adequate and specific expertise in sustainability, thus replicating the “dual” model permitted by law and already chosen for the Corporate Accounting Documents Officer.
CV Ronan Lory
CV Barbara Terenghi
Internal Control Model pursuant to Law 125/2024
Following the entry into force of Legislative Decree 125/2024, Edison adopted an internal control model that defines the set of procedures and operating guidelines that must be observed within the Edison Group with reference to the obligations arising from the CSRD and Legislative Decree 125/2024 regarding the preparation of sustainability reporting and related certification obligations (125 Model). 125 Model requires periodic verification of the overall adequacy of the Sustainability Internal Control System, as well as the updating of company processes and the relevant persons responsible for the preparation of sustainability reporting and associated controls.
Moreover, starting from 2022, Edison had already implemented a The reporting procedure applicable to the process of drafting non-financial disclosures which guarantees their completeness, correctness and transparency, as well as their consistency with GRI (Global Reporting Initiative) regulations and standards.
This procedure, revised in the course of 2025 in order to be aligned with the requirements of the CSRD and Legislative Decree 125/2024, represents, together with the control system for sustainability information of which it is part, an essential component of the Edison Internal Control and Risk Management System, as well as of the overall 231 offence prevention system.
Moreover, starting from 2022, Edison had already implemented a The reporting procedure applicable to the process of drafting non-financial disclosures which guarantees their completeness, correctness and transparency, as well as their consistency with GRI (Global Reporting Initiative) regulations and standards.
This procedure, revised in the course of 2025 in order to be aligned with the requirements of the CSRD and Legislative Decree 125/2024, represents, together with the control system for sustainability information of which it is part, an essential component of the Edison Internal Control and Risk Management System, as well as of the overall 231 offence prevention system.