- The company reaffirmed within in the Euronext Vigeo-Eiris World 120, Eurozone 120 and Europe 120 indices following the second half 2018 review
- The indices recognised Enel’s leading role in promoting a low-carbon energy model through renewables, digitalisation and sustainable energy solutions while acknowledging the company’s responsible business management practices
- All three indices also include Enel’s Spanish subsidiary Endesa
Rome, December 4th, 2018 - Enel has been confirmed in the December 2018 edition of the Euronext Vigeo-Eiris World 120 index, following its second half 2018 review. Twice a year, the index lists the 120 most sustainable companies out of the 1,500 largest companies in terms of free-float market capitalisation in North America, Asia-Pacific and Europe. 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 out of the 500 largest free-float companies in the Eurozone and Europe. Enel has been included in all three of these indices since their creation six years ago.
In their second half 2018 review, the Euronext Vigeo indices recognised the leading role of Enel in promoting a low carbon energy model by boosting renewables, digitalisation and sustainable energy solutions. The indices also acknowledged Enel’s commitment to implement responsible business management practices in its daily business operations, specifically in the fields of corporate governance, environmental strategy and human rights.
Endesa, Enel’s Spanish subsidiary, has also been included in the three indices after being admitted for the first time to the World 120 index at the end of 2014, and has been included in the Eurozone 120 and Europe 120 indices since their inception.
Vigeo Eiris, the environmental, social and governance (ESG) ratings agency that issues the indices, is one of the most recognised providers of sustainability investment services, advising investors on how to incorporate ESG factors into their financial decisions. To compile the Euronext Vigeo-Eiris indices, the ratings agency analyses how companies prioritise sustainability in their business strategies and embed ESG factors in their decision-making processes.
In addition to these rankings, the Enel Group is listed on other leading sustainability indices, such as the Dow Jones Sustainability Index, the FTSE4Good Index, the STOXX Global ESG Leaders indices, the Carbon Disclosure Leadership Index, the OEKOM “Prime” rating, the ECPI indices, the Thomson Reuters/S-Network ESG Best Practices Indices, the Thomson Reuters Diversity & Inclusion Index, the Integrated Governance Index and the Equileap’s Top 200 ranking on gender equality.
Enel’s sustainability leadership is increasingly drawing the interest of ESG investors, whose stake in the company is steadily growing, representing over 8.6% of the Group’s share capital as of December 31st, 2017, with an increase of 46% compared to 2014. This increase reflects the growing importance the financial market gives to non-financial elements in the creation of long-term sustainable value.
Enel’s long track record of inclusion in the world’s leading sustainability indices is due to a comprehensive strategy implemented across the full range of its stakeholders, whose contribution is key to ensure that sustainability is promoted throughout the company’s entire value chain. Some examples of how Enel is delivering on its ESG commitments with these stakeholders, specifically with customers and suppliers, can be found at the following links:
- Sustainability, the customer is key:
https://www.enel.com/stories/a/2018/11/sustainability-report-2017-enel-customer-is-key
- Sustainability begins with suppliers:
https://www.enel.com/stories/a/2018/11/sustainability-report-2017-enel-seeding-energies-supply-chain