“The announcement of Enel’s ongoing inclusion in this prestigious index is further recognition of the momentum we have been building in placing sustainability at the core of our business model. We continually strengthen our commitment to drive and enhance the Group’s environmental, social and governance performance, using Sustainability to inform our investment decision-making and guide our industrial strategy”
Enel stood out in particular for its performance in the Market Opportunities component with a score of 100/100 versus an industry average of 45, and in the newly introduced component Innovation Management with a score of 95/100 versus an industry average of 44.
The combination of innovation and sustainability, translated into Enel’s Innovability approach to its activity, drives the Group’s strategy and business culture. Enel continues its path towards achieving carbon-neutrality by 2050 and it is expected that electricity generated from renewable sources, which accounts for around 43% of the Group’s total capacity as of June 30th, 2016, will contribute nearly half of the Group estimated total capacity of 83 GW in 2019. As an interim step on the way to this goal, Enel has set a medium-term target in 2020 of a 25% reduction in CO2 emissions compared to 2007, which has been recognized as «science-based», i. e. in line with the decarbonisation levels required by science. Climate action is one of the four UN Sustainable Development Goals (SDGs) endorsed by Enel alongside access to energy, access to education, and the contribution to the socio-economic development of communities in the countries where Enel operates.
Enel’s commitment to delivering the highest sustainability standards has attracted increasing interest from socially responsible investment funds (SRIs): based on the latest figures as of December 3st, 2015, SRIs own 7.7% of Enel’s total outstanding shares (5.9% recorded at the end of 2014), equal to 10.3% of the company’s free-float (8.6% as of December 31st, 2014).
Launched in 1999, the DJSI is one of the key global indexes tracking the performance of companies that are leading the way in sustainability worldwide.