Long-term Climate Strategy and Financial Performance
CEO's short-term variable remuneration1
enel
Macro objective
Objective
Weight²
Entry
(50%)
Target
(100%)
Over
(150%)
Type of target
Profitability
Ordinary consolidated
net income
40%
5.50 €bn
5.67 €bn
5.84 €bn
Economic
Efficiency
Group
10%
8.11 €bn
8.03 €bn
7.95 €bn
Economic
Opex
Cash and debt
management
FFO/Consolidated
20%
22.2%
net financial debt
Safety
Customer
Satisfaction
123
22.8%
23.5%
Financial
Safety in
20%
FI³ < 0.52 &
FA4 ≤ 6
the workplace
FI³ < 0.43 &
FA4≤ 6
FI³ < 0.40 &
FA4≤ 6
ESG
Claims +SAIDI
10%
GC5=320/10,000 users
IC6≤150/10,000 users
SAIDI ≤242 min
GC5=310/10,000 users
IC6≤150/10,000 users
SAIDI ≤ 242 min
GC5=300/10,000 users
IC6≤150/10,000 users
SAIDI ≤242 min
ESG
(%) Weight in the variable remuneration
Management by objectives (MBO) 2022
FI: Work-related accident Frequency Index = Number of accidents (more than 3 days of
4.
5.
FA: Number of Fatal Accidents during 2022, except for road events (Enel + contractors)
GC: Commercial complaints at Group level
6.
absence from work) / total amount of worked hours (Enel + contractors) expressed in millions
7.
IC: Commercial complaints on the open commodities market in Italy (gateway objective)
SAIDI: System Average Interruption Duration Index (gateway objective)
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