Enel's Energy Infrastructure Growth and Resilience
CEO's short-term variable remuneration1
Macro objective
Profitability
Objective
enel
Weight²
Entry
(50%)
Target
(100%)
Over
(150%)
Type of target
Ordinary consolidated
net income
40%
6.07 €bn
6.20 €bn
6.26 €bn
Economic
Cash and debt
management
FFO/Consolidated
30%
28.0%
28.9%
29.2%
Financial
net financial debt
Safety
Safety in
the workplace
20%
FI³ < 0.43 &
FA4 ≤ 4
FI³ < 0.36 &
FA4≤4
FI³ < 0.34 &
FA4≤4
ESG
Customer
Satisfaction
Claims +SAIDI
10%
GC5 215/10,000 users
IC6≤150/10,000 users
SAIDI ≤ 144 min
GC5=200/10,000 users
IC6≤150/10,000 users
SAIDI ≤ 144 min
GC5-195/10,000 users
IC6≤150/10,000 users
SAIDI ≤ 144 min
ESG
1.
Management by objectives (MBO) 2023
5.
2.
(%) Weight in the variable remuneration
3.
FI: Work-related accident Frequency Index = Number of accidents (more than 3 days of absence
from work) / total amount of worked hours (Enel + contractors) expressed in millions
GC: Commercial complaints at Group level, considering that the perimeter of such performance
objective includes the following "core" markets of presence: Italy (free market), Iberia (i.e. Spain
and Portugal), Brazil (Rio de Janeiro and São Paulo), Chile and Colombia
6.
4.
FA: Number of Fatal Accidents during 2023, except for road events (Enel + contractors)
7.
IC: Commercial complaints on the open commodities market in Italy (gateway objective)
SAIDI: System Average Interruption Duration Index (gateway objective) in the following "core"
countries: Italy, Spain, Brazil (Rio de Janeiro and São Paulo), Chile and Colombia
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