ENEL S 2015 SUSTAINABILITY REPORT AND THE GROUP S COMMITMENT TO ACHIEVING UN SUSTAINABLE DEVELOPMENT GOALS

Published on Monday, 25 July 2016

·         Enel is one of the world’s first companies to document its commitment to and the progress made in achieving the Sustainable Development Goals in its Sustainability Report

 

·         Enel's 2015 Sustainability Report has again achieved the United Nations Global Compact’s “GC Advanced” level for Communication on Progress

Rome, July 25th, 2016 – Enel’s 2015 Sustainability Report Seeding Energies this year introduces and documents the Group's commitment to the achievement of the Sustainable Development Goals (SDGs), the global sustainability objectives proposed by the United Nations in September 2015, for which Enel has undertaken specific commitments.

Global Reporting Initiatives’s (GRI) SDG Mapping Service has confirmed that Enel’s reporting on the SDGs is correctly mapped against the relevant disclosures in the G4 Guidelines and accurately included in the report. Enel is one of the world’s first companies to have obtained this confirmation.

For the fourth consecutive year, Enel’s Sustainability Report was based on materiality analysis, which enables assessment of whether the company’s strategic positioning is aligned with the stakeholders’ expectations regarding sustainability issues. Enel is deeply committed to transparent and accurate sustainability reporting principles and, for the 10th straight year, Enel’s Sustainability Report has met GRI requirements for reporting, in line with the GRI’s Sustainability Reporting Guidelines. To improve the monitoring of sustainability performance, Enel’s reporting was based on the GRI G4 Guidelines, Core “in accordance” option, as well as the G4 Electric Utilities Sector Disclosures, which highlights the specific features of the electricity industry.

“We are especially proud to contribute to the achievement of four of the UN’s Sustainable Development Goals and to be one of the world’s first companies to have integrated these targets into our sustainability strategy and reporting processes, which is proof of our commitment” says the CEO and General Manager of Enel, Francesco Starace. “In a complex and changing environment, Enel is increasingly adopting a new approach to thinking about energy, one that is more accessible, more innovative and based on creating value with the communities in which it operates. By listening to new ideas and stimuli from the people who work or collaborate with Enel, we maximise the value of the talent and diversity in the company.”

This reinforces the belief in the open approach undertaken by the Group to help change the way companies in the sector pursue their business objectives.

Enel seeks to play an active part in the change already taking place in the energy industry paradigm with a sustainable development model that is based on shared value creation both inside and outside the company. This is carried out through actions integrated along the entire value chain.

Of fundamental importance to achieving this goal is the introduction, measurement and reporting of ESG (environmental, social and governance) sustainability indicators, not only to assess the progress of activities, but also to anticipate decisions and reinforce a proactive rather than reactive attitude.

For the sixth consecutive year, the Enel Sustainability Report was ranked at the UN Global Compact’s “GC Advanced” level for its Communication on Progress on human rights, labour practices, environment and anti-corruption. Enel has achieved the highest Global Compact level in its Communication on Progress thanks to its implementation of best practices in transparency and completeness.

The commitment to achieve the highest standards of sustainability has been recognised by the interest of ethical investment funds, which represented 8% of share capital at the end of 2015.

The Enel 2015 Sustainability Report is available on the Enel website at:


https://www.enel.com/it-it/Documents/report2016/bds_2015it.pdf

 

All Enel press releases are also available in  smartphone and tablet versions. You can download the Enel Corporate App at Apple Store and Google Play.

General | July, 25 2016

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