Corporate Governance System

Corporate Governance System

In addition to the potential provided by technology and its efforts to boost the internal growth of the Group, Enel’s commitment to sustainability is also focused on the transparency of our corporate actions, which is ensured by a strict corporate governance system and a solid reporting system based on rigorous criteria of objectivity. Indeed, the Group’s Sustainability Report achieves the A+ level of compliance with the sustainability reporting guidelines of the Global Reporting Initiative (GRI).

In keeping with the Group’s vision, according to which sustainability consists in the combination of economic, social, and environmental aspects, Enel has initiated a process that in time will lead us to develop a single reporting system for the Group, in which the economic and financial indicators are integrated with the sustainability ones. Thus, all our stakeholders will have an increasingly integrated view of the Company’s overall performance and value.

In order to ensure fairness and transparency in conducting business, the Corporate Governance model is applied to all the companies of the Group by coordinating the three self-ruling tools (Code of Ethics, TZC Plan and 231/01 Model).

This system is in accordance with the provisions of the law and the relevant CONSOB regulations, as well as with the recommendations of both the Self-Regulation Code of listed companies – which Enel SpA adopted in 2000 and is available online in its current version at http://www.borsaitaliana.it/borsaitaliana/ufficio-stampa/comunicati-stampa/2006/codiceautodisciplina_pdf.htm – and international  best practices.

Last update: 19/07/2011