Our relationship and commitment to the SDGs
Enel has been a member of the United Nations Global Compact since 2004 and, since 2011, is one of the LEAD companies, representing the world's leading private sector sustainability leaders. This, due to its achievements in sustainability, decarbonization and the launch in September 2019, of the world's first bond program linked to the Sustainable Development Goals.
As LEAD, companies are committed to implementing the Corporate Sustainability Leadership Plan, sharing related results and learnings.
Specifically, our Company worldwide and Enel Chile, have committed to specifically contribute to six of the 17 Sustainable Development Goals. This, without excluding the company's contribution to achieving the rest of the objectives. Moreover, the commitment to the SDGs was the result of the definition of the sustainable business model, so they are integrated into the Enel Group's strategic plan.
- Quality Education (SDG 4)
- Affordable and clean energy (SDG 7)
- Decent work and economic growth (SDG 8)
- Industry, Innovation and Infrastructure (SDG 9)
- Sustainable Cities and Communities (SDG 11)
- Climate Action (SDG 13)
In line with the above, the company undertook in 2019 to reduce its direct greenhouse gas emissions per kWh by 70% by 2030, with the aim of achieving complete decarbonization by 2050.
It should, also be noted that in 2018, the Secretary-General of the United Nations, António Guterres, re-elected Francesco Starace, CEO and General Manager of the Enel Group, to the United Nations Global Compact Board (Organization that leads to the mandate of the UN to promote the SDGs in the private sector) for the period 2018-2021.
With this appointment, Mr. Starace began his second term, as he was first elected in 2015. Importantly, of the 21 members of the new Board, Mr. Starace is the sole representative of the global Energy Services sector, demonstrating the company's commitment to and all of the SDGs.
Why are SDGs important to us?
For Enel, sustainability means value creation, which is developed by using a model that integrates economic, environmental, social, and governance goals into the business plan, creating long term value for all stakeholders.
This model is put into practice in a plan to achieve the Sustainable Development Goals (SDG) that guide management throughout the Company and its subsidiaries by means of specific indicators
All the above reflects the way Enel Chile strives to provide value to shareholders, stakeholders, and society as a whole through its business. We contribute to the Sustainable Business Goals related to innovation, infrastructure, and sustainable cities and communities, which in turn are intrinsically linked to climate action.
Therefore, the SDGs have become a compass for our work and have consolidated our commitment to an increasingly sustainable business model.