Enel Chief Financial Officer Alberto De Paoli was named Co-Chair of the United Nations Global Compact’s CFO Taskforce, the first-ever global initiative involving CFOs with the aim to start a dialog among business leaders to promote sustainable corporate finance and scalable investments in pursuit of the UN Sustainable Development Goals (SDGs).

The CFO Taskforce, which was kicked off today during the Global SDG Investment Forum held in Milan, Italy, will be co-chaired by Enel’s CFO and Scott Mather, PIMCO’s Managing Director and Chief Investment Officer of US Core Strategies, and will receive technical support from a group of corporate finance and corporate sustainability experts.

“Through this initiative, we want to give an answer to the world looking at us, not with statements or promises, but with clear targets and solid results,” said Alberto De Paoli, Enel CFO. “We want to implement a concrete global action plan, as we do as CFO in our day by day life in our Companies, leveraging on drivers such as the formulation of an SDG-aligned strategy, Sustainable Finance initiatives, relationships with Investors and Rating Agencies and the way we communicate the value of sustainability to all our stakeholders.”

The CFO taskforce aims to empower companies as a global voice in the redesign of finance for sustainable development.