2002-2004: a responsible company

2002: the three Genco and code of ethics - Enel completes the divestiture of capacity provided by the Bersani Decree. This year has substantially completed the process of reducing the size of Enel imposed by law in the context of liberalization of the Italian electricity market and has started the process of refocusing on the primary sector of activity, energy, with the aim of grow and become the leading producer and distributor of electricity and gas.
On 28 March 2002, the Enel Group shall devise a code of ethics expresses the commitments and responsibilities in the conduct of business and corporate activities undertaken by employees of Enel, whether directors or employees.
2002: le tre Genco e il codice etico - Enel completa le dismissioni di capacità produttiva previste dal decreto Bersani. In questo anno si è sostanzialmente concluso il processo di riduzione delle dimensioni di Enel imposto per legge nell’ambito della liberalizzazione del mercato elettrico italiano ed è stato avviato il processo di rifocalizzazione sul settore preminente di attività, l’energia, con l’obiettivo di crescere e diventare il principale produttore e distributore di elettricità e gas.
Il 28 marzo 2002 il Gruppo Enel si dota di un codice etico che esprime gli impegni e le responsabilità nella conduzione degli affari e delle attività aziendali assunti dai collaboratori di Enel, siano essi amministratori o dipendenti.

2003: Corporate Social Responsibility - During the year the action plan promoted by Enel to support Corporate Social Responsibility continues. Enel, which is already present in the FTSE4Good Global 100 (stock exchange index of the top 100 companies in the world by market capitalization that excel for their achievements and commitments in terms of sustainable economic development), is admitted starting 22 September to the prestigious list FTSE4Good Europe 50, the index of the top 50 European companies that combine business with plans and principles of social and environmental sustainability. Enel is the only public utility to be admitted.
In 2003, Enel also entered the Advanced Sustainable Performance Index, based on assessments made by Vigeo, a French classification society.

2004: The Global Compact, the Dow Jones Sustainability Index and the refocusing - In February 2004, Enel joins the UN Global Compact, which is a program of action promoted by the United Nations in the human rights, labor and environmental protection areas.

In 2004, Enel is included in the DJSI (Dow Jones Sustainability Index) World. The prestigious global stock market index lists companies that have achieved excellence for having behaved in a responsible and sustainable way not only from an economic and financial point of view, but also in relation to respect for environment and society.

This was also the year in which the Group sold its of real estate assets and exited the water sector, with the sale of 100% stake in Enel Hydro Spa. The two transactions represent major steps forward in the strategy of refocusing on electricity and gas sectors.