Sustainability, Enel is setting new records

Published on Thursday, 26 October 2017

‘A’ as in “The A List”, the first letter of the alphabet to indicate the latest acknowledgement of our commitment to sustainability. For the second year running, we were included on the list of global leaders in the corporate response to climate change, compiled by the not-for-profit organisation involved in global environmental research CDP (formerly known as the Carbon Disclosure Project). From a total of over 2000 participants in the programme for 2017, 112 companies were selected. Our Group was included for the results achieved in the reduction of emissions, the mitigation of the risk of climate change and the development of the low environmental impact economy.

Sustainability also refers to the quality of the working environment and valuing people. These are the parameters evaluated each year by the American magazine Forbes that in October added our Group to the Top 20 World’s Best Employers List 2017. We are first among utilities on a global level as well as among Italian companies. At the conclusion of an analysis by Statista, the leading United States statistics agency, another result emerged: over 36 thousand global recommendations to define the list of the 500 best employers in the world (2000 companies evaluated in terms of sales, profits, assets and market values).

In September, however, it was the American magazine Fortune that rated our Group in its “Change the World” Index, the only utility and the only Italian company in the top 50 companies improving the life of the planet from a social and environmental point of view. In particular, Fortune acknowledged our commitment to reduce the footprint from fossil fuels and to make our energy mix carbon free by 2050.

In the same month we made it (for the fourteenth consecutive year) onto the Dow Jones Sustainability World Index (DJSI World). Enel was found to have particularly excelled in the category of Environment, with a score of 100/100 for Climate Strategy, Water-related Risks, Biodiversity and Environmental Reporting. Furthermore, we obtained maximum points in the segment Policy Influence, which measures the transparency and the level of disclosure of activities of advocacy and Materiality, referring to the capacity of the company to reconcile the strategy with the expectations of the stakeholders.

Policy Influence is also the theme of the ranking by British think tank InfluenceMap. The central concept is that a company’s impact when it comes to the issue of climate change cannot be based solely on the reduction of greenhouse gas emissions, concerning which Enel has made an ambitious commitment for 2050. InfluenceMap recognises the equal importance of influencing the climate of opinion, public discourse and government policies on environmental themes, a factor that the think tank calls the Carbon Policy Footprint. According to these criteria we are ranked in an excellent position alongside groups such as Apple, Ikea and Unilever and concerning utilities behind only the British SSE.

Prior to the summer, further significant recognition arrived. The sustainability index FTSE4Good gave us an overall score of 4.6 out of 5 in the sectors ESG (Environment, Sustainability and Governance). For the sector of governance, we scored maximum points with 5 out of 5, while scoring 4.7 for social aspects and 4.3 for environment.

Our Group is also included in other important global sustainability indexes such as Euronext Vigeo Eiris, STOXX Global ESG Leaders and the Carbon Disclosure Leadership Index.