Enel has been admitted to the Dow Jones Sustainability World Index (DJSI World) for the fourteenth year in a row, the company announced. Enel’s Spanish subsidiary Endesa has also been included. Enel and Endesa are two of the 8 companies admitted to the index at the global level which applied for inclusion in the utility sector category.
“We are proud that DJSI World recognised once again our commitment to sustainability and, in particular this year, our leadership in climate strategy, environmental actions, transparency and disclosure” said Enel CEO and General Manager Francesco Starace.
“Our presence on this prestigious index for the 14 straight year shows the momentum that we have from our efforts to embed sustainability in our long-term investment decision-making and industrial strategy. The DJSI recognition also further motivates us to enhance the Group’s environmental, social and governance performance”.
Enel stood out for its performance in the Environmental dimension, scoring 100/100 in the Climate Strategy, Water-related Risks, Biodiversity and Environmental Reporting criteria. The Group also obtained the maximum score in Policy Influence, which measures transparency and disclosure on advocacy activities, and Materiality, which refers to the Company’s ability to match its strategy with stakeholders’ expectations.
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. In addition to DJSI World, Enel is also included in the other leading global sustainability indices, such as the FTSE4Good, the Euronext Vigeo Eiris indices, the STOXX Global ESG Leaders indices and the Carbon Disclosure Leadership Index.
Enel’s commitment to adhering to the highest sustainability standards has increasingly attracted the attention of 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).