Climate Change

climate change

 

Climate change as a global challenge

The impacts of climate change on economies and nature are there for all to see. 
This is why it has become "the" priority. Our commitment.

 

Rethink the present to create the future

2020 has accelerated a process already underway on several fronts. The world suddenly woke up fragile. In this context, sustainability is no longer an option, it is the right choice to make.

Once a company understands that sustainability actions are an investment and not a cost that is when we can make a meaningful impact and create shared value in the world.

Francesco Starace, Enel CEO and General Manager

Read the press release

cdp

Enel's leadership in the fight against climate change is recognized by CDP

The inclusion in the Climate A List of the Carbon Disclosure Project (CDP) is a recognition of Enel's position in the challenge of climate change and its role as a leading utility in the transition to a zero-emission energy system, thanks to a sustainable and integrated business model.

 

Enel’s advocacy activities for the climate

Enel’s participation in associations and organizations

Enel commitment

Vision and carbon neutrality

Enel aims to decarbonize its activities by 2050. By integrating innovation and sustainability into the business. By mobilising investments. Encouraging multi-stakeholder collaboration.

 

This is confirmed by the roadmap in line with the 1.5 ° C path certified by the SBTi (Science Based Target Initiative).

Thus Enel contributes to accelerating the energy transition by creating sustainable value for all. An important as well as ambitious goal that puts environmental protection at the center of the company's work and vision.

Discover Enel's vision

 

Decarbonization roadmap

-
80
%
OF DIRECT EMISSIONS DUE TO ENERGY PRODUCTION, COMPARED TO 2017
Target 2030 - GHG Scope 1



THE DECARBONIZATION ROADMAP CONFIRMS THE CENTRALITY OF SDG 13 IN ENEL'S STRATEGY

Climate change and long-term scenarios

The Group develops short-, medium- and long-term scenarios for the energy industry and for macroeconomic and financial conditions in order to support its strategic and industrial planning and the evaluation of investments and extraordinary corporate transactions. The adoption of these scenarios and their integration into corporate processes takes account of the guidelines of the TCFD and enables the assessment of the risks and opportunities connected with climate change.

Climate change and long-term scenarios

The physical climate scenario

Climatic scenarios

The governance model to tackle climate change

The Group was among the first 28 signatories of the Business Ambition for 1.5 °C Pledge

The answer to the challenge of climate change passes through a resilient and sustainable business model. To guarantee this, Enel has adopted an organizational and corporate governance model that defines specific tasks and responsibilities for the main governance bodies of the Group.

Learn more about the governance model

The SDGs drive 95% of investments

Enel plans tomorrow by trying to seize today all the opportunities deriving from the energy transition, which is fundamental for the fight against climate change. Because in Enel, sustainability and business are highly integrated and the investment plan to 2030 almost entirely concerns activities linked to the 4 main SDGs.

The strategic plan

Assessment of the risks and opportunities connected with the Strategic Plan

sdg

Climate change and risk management.

The Enel Group is exposed to various types of ESG, environmental, social and governance risks, dictated by the nature of its business and geographical distribution. Within the environmental dimension, there are risks deriving from climate change: physical risks that could damage to assets and infrastructures; risks associated with regulatory, political, legal, technological and market changes associated with the fight against climate change.

Main risks and opportunities linked to climate change

Performance

Growth across low-carbon services

The reduction of CO₂ emissions, the electrification or the conversion of coal-fired plants are transforming Enel's business model and promoting growth that aims at achieving the SDGs 2030 objectives.

Main climate change indicators

>
80
%
RENEWABLE CAPACITY TO 2030
~
20
%
THERMAL CAPACITY TO 2030

Action platforms and partnerships to tackle climate change.

Enel's approach is Open: it collaborates with numerous innovative and cross-sectoral realities to generate value, think of new ideas and promote issues related to the energy transition.

Open Innovabily project

Partnership

 

A challenge on several fronts.

The fight against climate change is very broad, full of innovative solutions and projects. Find out on how many fronts Enel's commitment is active.

Our stories

            

 

Elettrification

  • Sustainable Cities and Communities
  • Climate action

Platformization

  • Innovation a infrastructure
  • Climate action

Decarbonization

  • Affordable and Clean Energy
  • Climate action

Cumulated CAPEX 2021-30

SCOPE 1 (gCO2eq/kWH)

Includes all indirect emissions, 99% of which are due solely to energy generation, in line with the 1.5 °C pathway of the Science Based Targets initiative.

gCO2eq/kWH

Includes all indirect emissions, relating to gas sales in the retail market by 2030, in line with the 2 ° C pathway of the Science Based Targets Initiative.