Santiago, July 6, 2021. The Santiago Stock Exchange and S&P Dow Jones informed that Enel Chile had been included in the S&P IPSA ESG Tilted Index, the sustainability index of S&P Dow Jones, which last week completed its first annual rebalancing.
Launched earlier this year, the S&P IPSA ESG Tilted Index seeks to provide investors with a broad representation of the Chilean market for large-cap stocks with a sustainability bias by adjusting individual company weightings based on their Environmental, Social and Governance (ESG) scores. Enel Chile is one of the 27 Chilean companies added to this index and the first in the energy sector operating locally.
"Being part of this index goes in direct support of our strategy to drive Chile's energy transition toward decarbonization. By ending the use of coal by 2022 and developing 2.4 GW of new renewable capacity by 2023, and the decontamination of cities, implementing electric mobility and innovative services to boost electricity use," said Paolo Pallotti, general manager of Enel Chile.
In 2020, Enel Chile solidified its position as one of the region's best ESG programs and strategies. It confirms our strategy that integrates 100% sustainability in its operations. In addition, the Silver Class category of "The Sustainability Yearbook" of S&P Global recognized Enel.
That same year Enel Chile achieved first place in three Dow Jones Sustainability Index categories: Emerging Markets, Pacific Alliance Integrated Market (MILA), and Chile. The FTSE4Good Emerging Index and Vigeo Eiris Best Emerging Market also included Enel.