Remunerations
Edison provides the market with detailed information on its remuneration policy in the document 'Report on Remuneration Policy and Compensation Paid', which is updated and published annually together with the financial statements.
In compliance with current legal and regulatory requirements, the annual remuneration report contains, respectively, in the:
First section
A disclosure of the Company's general policy on the remuneration of directors, top management, and company management in general, as well as auditors; and how it contributes to the pursuit of sustainable Company growth in the medium/long term. In fact, the components underpinning variable remuneration include not only financial objectives linked to profitability but also refer to objectives that can be traced back to ESG profiles, both from an environmental and climate change and from a social point of view. In both cases, these are objectives related to predetermined and measurable KPIs, consistent with Edison’s strategic guidelines.
The procedures for the definition, implementation and verification of the application of the same policy for the current financial year and for the definition of the proposed remuneration policy for the following year are also outlined.
The procedures for the definition, implementation and verification of the application of the same policy for the current financial year and for the definition of the proposed remuneration policy for the following year are also outlined.
Second section
A detailed disclosure of the items and remuneration that make up the remuneration for the financial year for each director and auditor, as well as an aggregate disclosure of the items and remuneration of top managers.