ENEL included for the first time in MSCI ESG leaders indexes

Enel has been included for the first time in the MSCI ESG Leaders Indexes following the annual review carried out by the leading Environmental, Social and Governance (ESG) research and index provider MSCI of its sustainability indices. This capitalization-weighted index series provides exposure to companies with high ESG performance relative to their sector peers. In addition, Enel has been confirmed in the prestigious FTSE4Good Index series and Euronext Vigeo-Eiris 120 Indices.

“Our inclusion in these renowned indices is the latest confirmation that sustainability is an integral part of our business model, driving our actions towards the creation of shared value for all our stakeholders,” said Francesco Starace, Enel CEO and General Manager. “All of our operations and investment decisions are guided by the UN Sustainable Development Goals, with special emphasis on emission-free generation and highly-efficient energy solutions promoting cleaner and more sustainable energy models.

The indices, designed for institutional investors willing to integrate ESG factors into investment decision processes, uses a best-in-class approach by only selecting companies with the highest MSCI ESG Ratings, which measure a company’s resilience to long-term, financially-relevant ESG risks. In 2019 Enel received for the first time the highest MSCI ESG rating (“AAA”), paving the way for the company’s inclusion this year in the MSCI ESG Leaders Indexes, the most prestigious among MSCI’s index series measuring companies’ sustainability performance.

In addition, the inclusion is attributable to Enel’s continued investments in renewables and to its ambitious carbon emissions reduction target aligned to the Paris Agreement, under which the company commits to a 70% reduction in its direct greenhouse gas emissions per kWh by 2030 with respect to 2017 levels.

Furthermore, Enel was once again confirmed in the FTSE4Good Index Series, which ranks the top global companies in terms of ESG practices and transparency, following FTSE4Good’s review of the first half of 2020.

The company was also confirmed in the semi-annual review of the Euronext Vigeo-Eiris 120 Indices both at global (World index) and regional (Europe and Eurozone indices) level. Twice a year, the Euronext Vigeo-Eiris World index lists the 120 most sustainable companies out of the 1,500 largest companies in terms of free-float market capitalization in North America, Asia-Pacific and Europe. The Eurozone and Europe regional indices list the 120 most sustainable companies out of the 500 largest free-float companies in the Eurozone and Europe, respectively.

FTSE4Good and Vigeo-Eiris indices acknowledged Enel’s outstanding performance in implementing responsible business practices across the entire value chain in the fields of environment, corporate governance, business ethics, human rights, people management and local communities’ engagement, among others.

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