- The company has renewed its position in the Euronext Vigeo - World 120, Eurozone 120 and Europe 120 indices following the first half 2018 review
- All three indices also include Enel’s Spanish subsidiary Endesa
Rome, June 6th, 2018 - Enel has been confirmed in the June 2018 edition of the Euronext Vigeo - World 120 index. Twice a year, the index lists the 120 most sustainable companies with the largest free-float market capitalisation in Europe, North America and the Asia Pacific region. The company has also maintained its place in the regional Euronext Vigeo - Eurozone 120 and Europe 120 indices, which respectively list the 120 most sustainable companies with the largest free-float in the Eurozone and Europe. Enel has been included in all three of these indices since their creation six years ago.
Endesa, Enel’s Spanish subsidiary, has also been included in the three latest indices after being admitted for the first time to the World 120 index at the end of 2014, and has been included in Eurozone 120 and Europe 120 indices since their inception.
The Euronext Vigeo Eiris indices recognise companies that make corporate sustainability a priority of their business strategy and embed it into their decision-making processes.
Vigeo Eiris, one of the most recognised providers of environmental, social and governance (ESG) services to investors, compiles the indices by analysing the corporate performance on sustainability-related issues that include the environment, human capital, human rights, community involvement, business behaviour and corporate governance.
In addition to these three rankings, the Enel Group is listed on other leading sustainability indices, such as the Dow Jones Sustainability Index World, the FTSE4Good, the STOXX Global ESG Leaders indices and the Carbon Disclosure Leadership Index.
Enel´s sustainability leadership, acknowledged by these indices, helps to attract the attention of ESG investors, whose stake in the company is steadily increasing, representing over 8.6% of the Group’s share capital as of December 31st, 2017 (against 8.0% as of December 31st, 2016)
This increase reflects the growing importance the financial market gives to non-financial elements, in recognition of the role they play in the creation of long-term sustainable value. Enel has assumed a leadership position with a strategy based on leveraging the business opportunities associated with the trends of urbanisation, the electrification of demand and the resulting deep decarbonisation to seize the opportunities deriving from the global energy transition now under way and to play an active role in such a large global challenge.