Enel will continue its presence in the Dow Jones Sustainability World Index (DJSI World) and the Dow Jones Europe Index in 2014/2015. The leading index's annual review of the world's most sustainable companies has included the Italian energy business for the eleventh time in a row, ranking it among the top three Electric Utilities.
This year's DJSI, which was carried out as usual by the Swiss rating agency RobecoSAM, evaluated more than 2,500 companies with the highest levels of capitalisation from around the world. Each business underwent an integrated sustainability analysis based on their performance in areas such as corporate governance, climate change, eco-efficiency, management of employees and suppliers and relations with both stakeholders and local communities. Only 319 of the companies assessed were admitted into the World index (compared to 333 in 2013), including both Enel and its Spanish subsidiary Endesa.
The Italian multinational, which is present in 32 countries across four continents, improved its overall score from 83 to 87 in the DJSI World Index, ranking among the top three Electric Utilities. Enel obtained the highest score of 93 in the financial category, an impressive total compared to the industry average of 62. It also scored 84 in the social section compared to an average of 55, while scoring 83 for its environmental policies, well above the industry average of 49. Furthermore, according to recent reports, Socially Responsible Investor (SRI) funds hold 15.6 percent of Enel shares, eight percent of the business' free float.
'Enel's inclusion in the DJSI underscores our commitment to integrate sustainability into our corporate strategy and business processes,' said Francesco Starace, Enel CEO and General Manager. 'This acknowledgement of the Group's environmental, social and governance (ESG) performance encourages us to implement a more innovative energy business model, one that serves our customers and that is aimed at creating shared value for all our stakeholders and investors.'
Proof of the Enel Group's commitment to Corporate Social Responsibility lies in its inclusion in the major world indices that assess CSR activities, such as Euronext-Vigeo, the Carbon Disclosure Leadership Index, FTSE4Goodand Newsweek Green Ranking.