Enel’s Sustainability Report received an A+, due to its high level of conformity and application of the Global Reporting Initiative (GRI) guidelines, the most qualified economic, environmental, and social sustainability standard used by the most important businesses worldwide.
For the fifth year in a row, the vote confirms and rewards Enel’s commitment to reporting on corporate social responsibility based on rigorous and internationally recognized standards. In fact, in 2006, the Group adopted the Global Reporting Initiative’s G3 guidelines, a result of the networking of thousands of GRI experts. Furthermore, Enel uses the EUSS (Electric Utilities Sector Supplement) guidelines for sustainable reporting, which help to gather the particularities of the electricity business.
In addition to the A+ rating achieved by Enel’s Sustainability Report, which has improved this year with a new graphic design, Enel is among the ten international companies that have been invited to collaborate in the drafting of the G4, the new GRI guidelines which aim to increasingly diffuse and affirm corporate social responsibility.
According to Nelmara Arbex, Vice General Director of the Global Reporting Initiative, the goal of GRI is to establish "a common language that enables companies to communicate with each other, with the market and with stakeholders," and to outline standard guidelines for corporate reporting, allowing companies to communicate their performance in terms of sustainability. The GRI's mission is to make the task of reporting on sustainability a standard procedure and the future guidelines will help a great number of businesses to communicate their sustainability performances.
Enel, along with Alcoa, GE, Goldman Sachs, Natura, Shell, and with the assistance of Deloitte, Ernst & Young, KPMG and PwC, has now been called upon to contribute to the drafting of the new GRI guidelines, the G4, which will be published in 2013.
Announcing the names of the ten companies involved, Nelmara Arbex stated: "We are very pleased that these leading companies have joined us in our quest to improve and develop the new GRI guidelines. The guidelines of the future aim to allow a greater number of companies to offer valuable and relevant information on their sustainability performance to stakeholders."
The new G4 guidelines will be drawn up from a GRI multi-stakeholder consultation process. Several working tasks, composed of industry experts and different authentication procedures, will ensure that the G4 is based on a consensus and enables the expression of the most varied and diverse needs of each participant involved.
