Digitalisation, an award for Enel

Published on Friday, 30 June 2017

Digitalisation is a cornerstone of Enel’s strategy, a cornerstone that was integrated into the Strategic Plan 2017-2019 last November in order to make the Group increasingly sustainable.

The digital transformation of assets, processes, services and communications systems to and from the customers is a key element, together with innovation and sustainability, for driving our company into the age of Industry 4.0 and improving operating efficiency in all segments of our business.

Enel’s focus and ongoing commitment to digitalisation has earned the company a Governance Advisors Digital Award in the category of processes.

The award, promoted in Italy by the consultancy firm Governance Advisors in collaboration with the Department of Management Engineering at the Milan Polytechnic, Ned Community, the Italian Association of Internal Auditors (AIIA) and with the support of Confindustria Digitale, was presented on 22 June in Milan at the convention “The competitive advantages of digital transformation” to Andrea Valcalda, Head of Sustainability at Enel.

The aim of the initiative is to boost the process of digitalisation amongst Italian companies by acknowledging the work of those company administrations that have excelled in the implementation of activities concerning the digital transformation.

The winners were selected following the analysis of their responses to a detailed questionnaire designed by Governance Advisors in order to evaluate the level of digitalisation of the company participating in the initiative. The evaluation was carried out based on four themes, governance, products, processes, expertise, and took into account a total of 27 variables.

In Enel’s strategic vision the digital transformation represents a key factor to drive the energy transition currently taking place and to encourage new ways to manage and use electric energy, making energy accessible to an increasing number of people in a sustainable and flexible way, offering innovative tools for efficiency and facilitating greater use of renewables and electric mobility.

With this in mind, Enel’s Strategic Plan 2017-2019 includes the investment of 4.7 billion euros in the three-year period in order to digitalise all of the Group’s assets, operations and processes and to boost connectivity.

In recent days our Group has also won further important recognition, scoring at the top end of the Integrated Governance Index, a classification of the top 100 companies quoted on the Milan stock exchange. The index classified the level of integration of sustainability in large Italian corporations and was promoted by the publications Etica News and Top Legal, with the technical support of Ned Community, Morrow Sodali and Methodos and law firms Dentons, Gianni, Origoni, Grippo and Cappelli & Partners.

The index was compiled using all of the Environmental Management Systems (ESG) criteria and all forms of value creation (understood in terms of the 6 “capital” values of finance, manufacturing, social-relationships, natural, human and intellectual) that make up the value of the company.

“This recognition,” commented Enel President Patrizia Grieco, “is an important confirmation for Enel of the method that we have adopted for integration and sustainability in our company strategy.”

“People, community, environment and active listening to our stakeholders,” she added, “are essential elements for the creation of value. This approach is fundamental to our leadership in innovation and sustainability in the global energy market. The board and the management’s commitment to respecting the ESG factors in the decision-making process represents the basis for ensuring the achievement of ever increasing results over time.”