Long-term Climate Strategy and Financial Performance
Advocacy for Climate
Direct
advocacy
Enel is committed to ensuring that its advocacy activities
are conducted in line with the Paris Agreement
Enel's positioning on key climate related issues is reflected by its
direct advocacy activities with the EU and other governmental
authorities:
Enel supports the European Green Deal and RepowerEU;
Enel supports the EU Climate Law;
Enel supports the EU's proposed ETS reform, which must be
strengthened and supported by a CBAM;
Enel welcomes the Commission's initiative to review the
Renewable Energy Directive;
> The Enel Group actively promotes renewable hydrogen;
> The Enel Group is actively promoting e-mobility;
Enel fully supports the European building renovation strategy;
Enel has involved various stakeholders in the European
Commission's New Circular Economy Action Plan.
enel
Indirect
advocacy
Enel discloses the list of all associations it collaborates with
on climate related issues.
Enel systematically verifies that the positions of such associations
are consistent with the Paris Agreement and the Group's
climate policies:
before joining the association, through an in-depth analysis of
the body's by-laws;
> after joining the association, contributing to its work and/or
promoting the Enel Group's position within working groups;
> in case of inconsistency Enel assesses the misalignment and
could eventually withdraws from the association.
Enel discloses the level of alignment of the main
associations 1 with the Paris Agreement.
The level of alignment of all associations to be disclosed in
2023.
1. The assessment is based on targeted evaluations on the science of climate change, climate policies at global and national level, disclosures on the topic,
and technologies proposed.
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