Enel Stands Out as a Top Performer in ESG Practices and Transparency

(IN BRIEF) Enel, a global energy company, has once again been recognized for its exceptional environmental, social, and governance (ESG) practices. It has maintained its position in the prestigious FTSE4Good Index Series and the Euronext Vigeo-Eiris (V.E.) indices. Enel’s commitment to embedding ESG practices throughout its value chain has been commended by both indices. The company’s sustainability leadership is acknowledged in various other renowned sustainability indices and rankings. Enel’s subsidiary companies, including Endesa, Enel Américas, and Enel Chile, have also been recognized for their sustainability efforts. Enel’s focus on long-term value creation and sustainable development is demonstrated through its numerous sustainable projects aligned with the UN Sustainable Development Goals.

(PRESS RELEASE) ROME, 7-Jun-2023 — /EuropaWire/ — Enel S.p.A. (BIT: ENEL), an Italian multinational manufacturer and distributor of electricity and gas, has once again been recognized for its outstanding environmental, social, and governance (ESG) practices and transparency. The company has maintained its position in the prestigious FTSE4Good Index Series and the Euronext Vigeo-Eiris (V.E.) indices. Enel’s inclusion in these indices reaffirms its commitment to embedding ESG practices throughout its entire value chain.

Enel has been listed in the World 120 index of the Euronext V.E., as well as the Euronext V.E. Eurozone 120 and Europe 120 indices, which highlight the 120 most sustainable companies among the 500 largest free-float companies in the Eurozone and Europe. These indices recognize Enel’s dedication to sustainable business strategies and practices.

FTSE4Good has commended Enel for its transparency and practices on various topics, including biodiversity, health and safety, human rights, corporate governance, risk management, and tax transparency. The V.E. indices have recognized Enel for its exceptional performance in environmental strategy development, effective management of human capital, and fostering sound governance practices.

Enel’s commitment to sustainability extends to its subsidiary companies as well. Endesa, Enel’s Spanish subsidiary, has also renewed its position in the FTSE4Good index and all three V.E. indices. Additionally, Enel Américas and Enel Chile, Enel’s subsidiaries operating in Latin America, have been confirmed in the FTSE4Good Index.

Enel’s sustainability leadership is further acknowledged by its inclusion in various renowned sustainability indices and rankings. These include the DJSI World and Europe, the MSCI ESG Leaders Indexes, the CDP Climate “A” List, the STOXX Global ESG Leaders index, the ISS “Prime” rating, the Bloomberg Gender Equality Index, the Refinitiv TOP 100 Diversity and Inclusion Index, the Equileap’s Top 100 Gender Equality Global Ranking, and the ECPI indices.

Enel has attracted the attention of Socially Responsible Investors, with their stake in the company steadily growing to represent about 14.9% of Enel’s share capital by the end of 2022. This reflects the increasing importance the financial market places on non-financial factors in creating long-term sustainable value.

Enel’s long-standing presence in leading sustainability indices is a testament to its commitment to generating long-term value for stakeholders and contributing to the sustainable development of local communities. In 2022, Enel supported social and economic development in its operational areas through over 2,300 sustainable projects aligned with the UN Sustainable Development Goals (SDGs). These initiatives encompass infrastructure development, education programs, vocational training, support for cultural and economic activities, promoting energy access, rural electrification, suburban electrification, and social inclusion for vulnerable populations in terms of physical, social, and economic conditions.

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SOURCE: Enel Spa