Overall score improvement on last year’s 4.2, while the Group scored a perfect 5 out of 5 in the Governance area
Inclusion in the sustainability index FTSE4Good complements Enel’s listing in the world’s other leading sustainability indices and assessment frameworks, such as the Dow Jones Sustainability Index and the Carbon Disclosure Project
Rome, December 22nd, 2016 – Following the announcement of Enel S.p.A.’s (“Enel”) inclusion in the prestigious FTSE4Good index earlier this month, the company was today informed that it has obtained an overall Environmental, Social & Governance (ESG) score of 4.7 out of 5 in the index’s December 2016 review, an improvement on last year’s score of 4.2. In the Governance area Enel scored a perfect 5 out of 5, maintaining last year’s maximum score; in the Environmental area Enel scored 4.5, a significant improvement on last year’s 3.6, and in the Social area Enel scored 4.7, up on last year’s 4.3. FTSE4Good includes companies on the basis of their performance in areas like the fight against climate change, governance, respect for human rights and anti-corruption.
“This latest recognition of our sustainability credentials is another important endorsement of the way in which we are integrating sustainability into our industrial business model,” said Enel CEO Francesco Starace. “It is key to our strategy to incorporate attention to people, communities and the environment in our investment decisions in order to strengthen our Group’s position as a truly open, innovative and sustainable player in the global energy market. This approach has been widely recognised around the world with the Group’s inclusion in all of the relevant sustainability indices, including our improved performance in the FTSE4Good index which noted in particular our active commitment to ESG factors in our decision-making processes.”
Created by the global index company FTSE Russell, FTSE4Good is an equity index series designed to support investment in companies based on their ESG performance. Businesses included in the FTSE4Good Index Series meet a variety of environmental, social and governance criteria.
In addition to these rankings, Enel is also included in the world’s other leading sustainability indices, including the Dow Jones Sustainability Index World, the Euronext Vigeo Eiris indices, the STOXX Global ESG Leaders indices and the Carbon Disclosure Leadership Index.
Enel's commitment to delivering the highest sustainability standards has attracted the increasing interest of socially responsible investment funds (SRIs): based on the latest figures as of December 31st, 2015, SRIs own 7.7% of Enel’s total outstanding shares (5.9% recorded at the end of 2014), equal to 10.3% of the company’s free-float (8.6% as of December 31st, 2014).
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