This is a report on our performance during 2006. It is presented in the context of progress against our company ambitions. It is cross referenced with the pledges explained in Our Climate Commitments.

EDF Energy has the vision “to be recognised as the passionate, committed, caring, innovative and successful energy company, enabling its people to make a difference”. This guiding principle shapes the way we do business. To help us achieve it we developed five ambitions, each of which relates to one or more of our stakeholders. These five ambitions are:

• We want to care more for our customers and continually improve customer experience
  
• We want to be recognised as a learning business and a great place to work for our employees so that they are proud of their company
  
• We want to meet our shareholder’s expectations and grow the value of our existing business
  
• We want to be a safe and responsible company regarding our people, the environment and the communities we serve
  
• We want to be recognised as a leading and respected point of reference on matters concerning our business

These ambitions represent our balanced view of business success.

Each section of this report describes in greater detail what the ambition means and what targets we have set ourselves for the end of 2007.