- The power company took first place in the three indexes in which it competes. Following three years participating in the DJSI, Enel Chile has also taken fifth place in the industry worldwide.
Enel Chile has taken first place in the three categories of the Dow Jones Sustainability Index in which it is eligible to take part: Emerging Markets, MILA Pacific Alliance, and Chile.
“Thanks to our continuous improvement process in sustainability performance, in three years we have advanced to fifth place in the electrical power industry worldwide in the rating awarded by S&P SAM, the sustainable performance assessment agency for listed companies. This achievement showcases our commitment to the environment, society, and good governance, spearheading a fair and inclusive energy transition,” noted Paolo Pallotti, CEO of Enel Chile.
Enel Chile was selected to join these three index categories in view of its geographic location and market capitalization, based on an exhaustive performance evaluation conducted by sustainability analysis agency SAM, which assessed 100 companies based around the world, in 27 key sustainability areas.
Antonella Pellegrini, Sustainability Manager at Enel Chile, explained that “this index is very significant because it lets us identify the areas in which we are achieving high performance, and helps us identify where we have room for improvement, in a scenario that is becoming ever more challenging for the industry. We are rising to the challenge this year with a public goal of reducing our CO2 equivalent emissions 64% by 2023, compared to 2017 figures, thus helping the country move towards carbon neutrality.”
Enel Chile ranked amongst the top companies worldwide, with scores higher than 90 out of 100 in 67% of the criteria. These include maximum scores in social management, supply chain, innovation, transparency in relations with institutions, distribution network reliability, water risk management, human rights, and stakeholder engagement, showcasing the company’s integrated business strategy.
In its seventeenth year taking part in DJSI World, the Enel Group achieved scores higher than 90 out of 100 in 70% of the criteria. The group’s South American subsidiary, Enel Américas, has also solidified its position for the third year taking part in DJSI Emerging Markets and DJSI MILA, and the fourth year in DJSI Chile.
Other indexes in which the company participates
Sustainability indexes and rankings are strategic tools to help investors and identify risks and opportunities linked to sustainability in their investment portfolios, while serving as a road map for companies that are committed to the UN Sustainable Development Goals.
FTSE4 GOOD: London Stock Exchange sustainability index that rates top companies based on their performance in areas such as combating climate change, governance, respect for human rights, and corruption prevention measures. Enel Chile has been included in this ranking’s Emerging Markets and Latin America categories for four years running.
Vigeo-Eiris: Enel Chile has been included for the past four years in the “Best Emerging Markets Performers” ranking for utility companies published by Vigeo-Eiris, which rates best-in-class companies in emerging markets.
MSCI ESG Indexes: These indexes seek to build shared perspectives on ESG investments, and to serve as a benchmark for investors regarding companies’ ESG performance. Enel Chile received its first A grade in 2019, joining the multiple stock sustainability indexes offered by the body.
Sustainalytics: international evaluation agency covering sustainability risk for investors. Rated Enel Chile with a score of 26.2, with lower numbers indicating lower risk levels, positioning the company in the lowest-risk 14% of electricity companies worldwide.
ISS ESG: Enel Chile made the top 12% in performance amongst 125 companies in the electrical power sector worldwide in the index prepared by ISS ESG Corporate Rating, earning a PRIME rating for sustainability performance. This result comes from its strong standing in the highly demanding evaluation performed by ISS, which covers 100 questions that are answered using public information - a reflection of Enel Chile’s integrated business model, which meets the agency’s requirements for sustainability performance.