- The company has kept its spot in the Euronext Vigeo - World 120, Eurozone 120 and Europe 120 indices as of December this year following the second half 2017 review
- All three indices also include Enel’s Spanish subsidiary Endesa
Rome, November 28th, 2017 - Enel has been confirmed in the December 2017 edition of theEuronext Vigeo - World 120 index, following its second half 2017 review. 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 is 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 five 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 the efforts of prominent companies that make sustainable development a key priority, and a focal point of their business strategy. Vigeo Eiris compiles the indices by analysing approximately 330 indicators for each company based on 38 criteria, including respect for the environment; human rights engagement and recognition of companies’ human capital; relations with stakeholders; corporate governance and business ethics; integrity in influencing policy and efforts to fight corruption; and the prevention of social and environmental dumping in the supply and subcontracting chain. Euronext Vigeo Eiris updates its criteria for the indices every six months, ensuring that the sustainability credentials of companies listed are constantly tested against up-to-date trends and global developments.
In addition to these three rankings, the Enel Group has been included in 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, embodies the company’s vision to create shared value for all its relevant stakeholders, by embarking upon a clear path towards innovation and digitalisation, addressing climate change, carrying out advocacy with the utmost integrity, and pursuing more sustainable finance.
The Group’s commitment to sustainability is additionally demonstrated by its increasing appeal to socially responsible investment funds. Based on the latest figures as of June 2017, SRI (Socially Responsible Investor) funds own 8.4% of Enel’s total outstanding shares, recording an increase on the 8% posted in December 2016, and represent 11% of the Group’s free float (10.5% as of December 2016).