Economy

Economy

Our attention towards issues regarding CSR reflects in the Group’s shareholding. According to the Shareholder ID registered in December 2011, 81 Socially Responsible Investors held Enel share capital representing around 13.9% of the shares owned by institutional investors. The figure refers to SRIs which include Environmental, Social and Governance (ESG) principles in the criteria which determine their investment choices.
At the end of December 2011 these investors held around 4.7% of all Enel shares in circulation, i.e. 6.8% of the free float. These funds represent a stable
shareholder base over time with a wide geographical presence spread across continental Europe, Great Britain and North America.

Socially Responsible Investing is a financial investment strategy that cares for both investment profit objectives and social and environmental impact on the community.

SRI funds also request to know and evaluate “where” and “how” their money will be invested, in order to choose to invest in companies that operate in a sustainable manner, excluding companies that don’t respect, or that even harm the environment and the society.

SRI’s increasing interest towards Enel stresses Corporate Social Responsibility’s 10-year long path in pursuit of top sustainability and accountability standards.

 

Last update: May 2012