“We are extremely pleased to be recognized once again in Fortune’s Change the World list on the strength of our innovation and sustainability credentials. By focusing our strategy towards renewable development, digitisation and the fight against climate change, we are at the forefront of the energy transition and business sustainability. Our success is not only linked to economic results, but also to the ability to deliver solutions and long-term positive impacts on economic and social growth, creating tangible shared value for all our stakeholders”
The Change the World list was created by Fortune in order to underline its belief that capitalism should be celebrated for its power to do good. Fortune begins the process with an open call for nominations from business, academic, and non-profit organisations around the world in partnership with, among others, FSG, a non-profit social-impact consulting firm and the Shared Value Initiative, a global platform for organisations seeking business solutions to social challenges. A team of journalists from Fortune investigates each of the candidates independently.
For the first time, in this latest edition, the nominees to the Change the World list are ranked on three criteria: measurable social impact, business results and degree of innovation.
- The criteria of measurable social impact defines the scale and durability of the company’s impact on a specific social problem;
- Business results defines the company’s profitability, and
- Degree of innovation is relative to others in the same industry, with a focus on innovative partnerships with competitors, governments and NGOs.
The final list of 50 is selected and ranked by the editors of Fortune based on the magazine’s own reporting and analysis.
The Enel Group is also ranked 84 on Fortune’s Global 500 index of the world’s largest companies. It has been on the list for 23 years on the grounds of its sound financials.
To view Fortune’s full list please visit http://fortune.com/change-the-world