Since 2004, Enel has been a member of the United Nations Global Compact (UNGC), supporting its ten founding principles related to human rights, labor standards, environmental protection and anti-corruption. The Ten Principles of the United Nations Global Compact are derived from: the Universal Declaration of Human Rights, the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, and the United Nations Convention Against Corruption.
In 2011, Enel was invited to join the Global Compact LEAD, a small group representing the world’s foremost sustainability leaders in the private sector (34 in 2018), and, in 2015, the CEO and General Manager, Francesco Starace, was appointed as a member of the Global Compact Board, the only one to come from the Power Utility sector, as well as the only member from Italy.
In September 2018, Enel has been recognized again as a Global Compact LEAD company and, in the same year, Enel’s CEO has been re-appointed as member of the Global Compact Board, for a further three-year period (2018-2021).
In June 2018, Enel’s CEO has been re-appointed as member of the Global Compact Board, for a further three years (2018-2021).
As a participant in the Global Compact, Enel is required to communicate with its stakeholders on an annual basis about progress made and results achieved in implementing the ten principles and the UN sustainable goals, through a Communication on Progress (COP). The COP, besides showing the commitment taken on by companies when joining the Global Compact, is also a useful tool to facilitate training, stimulate dialogue and promote concrete actions allowing the sharing of experiences among other members.
Starting from 2018, to be eligible for LEAD recognition, companies must submit an Advanced Communication on Progress which, besides meeting the minimum requirements, cover the company’s implementation of best practices and 21 advanced criteria in different areas, such as strategy, governance, stakeholder engagement, UN goals, implementation of the ten principles and value chain, track and measurement of performance.
For more information please see the links:
UN Global Compact Communication on progress
UN Global Compact Enel company information