Rome and Amsterdam, April 12th, 2016 Global power company Enel has partnered with international sustainability standard-setter GRI (Global Reporting Initiative) ahead of the 5th GRI Global Conference: Empowering Sustainable Decisions, which takes place in Amsterdam May 18th-20th, 2016.
Enel is partnering with GRI to promote the use of sustainability information in strategic decision making in the business sector. Enel and GRI are working on the identification of new sustainability and reporting trends, shaping the future of corporate disclosure practices to enable businesses to monitor and predict the evolution of sustainability-related issues, rather than just reacting to them. The aim of this activity is to strengthen the role of environmental, social and governance (ESG) elements in corporate reporting.
Enel and GRI are committed to using data and technology to move corporate disclosure beyond annual reports and to empower stakeholders by giving them better access to the information they need for decision making. Since 2003 Enel has produced its own annual Sustainability Report, which lays out the Groups efforts in a host of areas, including sustainable innovation, protection of the environment and community relations.
We are pleased to support the 5th GRI Global Conference, reflecting Enel's commitment to open dialogue and engagement with all members of the global sustainability movement, said Enel Group CEO Francesco Starace. The implementation of the United Nations Sustainable Development Goals between now and 2030 will be driven by those players capable of aligning economic targets with the promotion of social and environmental priorities. Since 2007 our cooperation with GRI has helped Enel to do this, pursuing an industrial strategy built squarely on sustainability.
Up to 1,500 sustainability leaders from around the globe will be present for GRIs Global Conference in Amsterdam. GRIs Global Conferences are one of the largest events in the world dedicated to dialogue and action on sustainability and transparency.
Enel is a world leader in renewable energy and has pledged to go carbon-neutral by 2050, said GRI Chief Executive Michael Meehan. Our partnership with Enel is helping to create a shared vision of a future where unlocking the power of innovation for sustainability will establish the next era of corporate disclosure, which will be digital, responsible and interactive.
Enel is a multinational power company and a leading integrated player in the worlds power and gas markets. Enel Group operates in over 30 countries across 4 continents, producing energy through a net installed capacity of around 90 GW and distributes electricity and gas through a network of approximately 1.9 million kilometers. With over 61 million business and household customers worldwide, Enel has the largest customer base among European competitors. Enel is the largest integrated utility in Europe in terms of market capitalisation and figures among Europes leading power companies in terms of installed capacity and reported EBITDA.
GRI is an international independent organization that has pioneered corporate sustainability reporting since 1997. GRI helps businesses, governments and other organizations understand and communicate the impact of business on critical sustainability issues such as climate change, human rights, corruption and many others. With thousands of reporters in over 90 countries, GRI provides the worlds most trusted and widely used standards on sustainability reporting, enabling organizations and their stakeholders to make better decisions based on information that matters. Currently, 38 countries and regions reference GRI in their policies. GRI is built upon a unique multi-stakeholder principle, which ensures the participation and expertise of diverse stakeholders in the development of its standards. GRIs mission is to empower decision-makers everywhere, through its standards and multi-stakeholder network, to take action towards a more sustainable economy and world.
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