Enel has been a member of the Global Compact since 2004. This action programme was promoted in 1999 by the Secretary General of the United Nations at the World Economic Forum in Davos, in Switzerland. The initiative has the purpose of involving the business sector in a new kind of cooperation by subscribing to ten universal principles in the areas of human rights, labour safeguard, environmental protection and anti-corruption.
The Global Compact aims at mainstreaming its principles in business strategies and at promoting cooperation in line with the objectives of the United Nations. The companies that participate have particularly distinguished themselves for their social responsibility. These companies aspire to a global growth that takes into account stakeholders’ interests and concerns. The businesses that signed the agreement are committed to comply to ten principles and to regularly report regarding the concrete results of their commitment by posting a specific Communication on Progress, and failure to communicate can cause expulsion.
In order to communicate its engagement regarding the promotion of the ten principles – and their observance – Enel annually reports its results by submitting a specific communication (Communication On Progress). The latter is available on the Global Compact website, a privileged site where Enel’s Sustainability Report can also be found.
Since January 2011 Enel also participates in the Global Compact LEAD, a programme launched by the United Nations Global Compact that brings together the 56 companies that are a benchmark in economic, social and environmental sustainability.
Within the Differentiation Programme, Enel was acknowledged as “Advanced” for its transparency, one of the criteria that define the Sustainability Leader Identity Card of the participants in the Global Compact LEAD the Blueprint for Corporate Sustainability Leadership.