Enel

InfluenceMap Score
B-
Performance Band
79%
Organisation Score
64%
Relationship Score
Sector:
Utilities
Head​quarters:
Rome, Italy
Brands and Associated Companies
Endesa, Enel Green Power , Empresa Nacional de Geotermia, Enel Brasil
Official Web Site:
Wikipedia:

Enel appears to have a predominately positive interaction with climate legislation which has improved over time. At the global level, the organization supported binding, science-based GHG emissions targets for COP21 in 2015. In Europe, Enel has supported the EU ETS and a GHG emissions reduction target as the pillars of EU climate policy. In particular, Enel appears to support EU ETS reform to increase the carbon price and therefore effectiveness of the scheme. Enel previously held an ambiguous position on renewable energy targets in Europe, stating support on its website in 2014, whilst also participating in the Magritte Group, which opposed EU renewable and energy efficiency regulation throughout 2014 and 2015. However, in 2016-2017 Enel has become progressively more positive on renewable energy legislation, with Enel CEO Francesco Starace and Enel Green Power CEO Francesco Venturini calling for more ambitious targets and policy in Europe and Italy. Evidence also suggests Enel is attempting to promote a more progressive position within the industry and Francesco Venturini has told the press that he has petitioned the Magritte Group on renewable energy. Enel has been vocal on the need to decarbonize the power sector, as well as advocating for increased regulatory measures to aid the electrification of transport. However, CEO Francesco Starace has argued a mixed position on coal phase out in 2017, stating that "new coal is finished" in October 2017, but separately suggesting that assuming coal had no future is a mistake because new technology can help "legacy assets" reduce emissions. He has separately summarised that phasing out coal "is doable providing you rush ... but it’s very uneconomical and dangerous." Enel holds senior positions within IETA, WindEurope and SolarPower Europe, trade associations supporting EU climate policy. However, Enel CEO Francesco Starace became President of EU utilities sector association, Eurelectric, in June 2017, which has previously opposed ambition on policy relating to the decarbonization of the energy sector. Enel also holds membership to Business Europe, which opposes many EU climate policies.

QUESTIONS SOURCES Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Climate Science Transparency 2 2 2 NS 2 2 NS NA
Climate Science Stance 2 1 NA NS 2 2 NS NA
Need for climate regulations 1 NS NS NS NS 1 1 NA
UN Treaty Support 2 1 NS 1 2 2 NS NA
Transparency on Legislation 1 NA -1 NA NA NA NS 2
Carbon Tax NS NS NS NS 2 NS NS NA
Emissions Trading 2 2 1 1 1 1 NS NA
Energy Efficiency Standards NS 0 NS 0 -2 NS NS NA
Renewable Energy Legislation NS 1 NS 0 0 0 NS NA
Energy Policy and Mix 1 1 NS 1 1 1 NS NA
GHG Emission Standards NS 1 1 2 2 0 NS NA
Disclosure on Relationships 0 NA 2 NA NA NA NS 2
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
54%
 
54%
 
70%
 
70%
 
56%
 
56%
 
62%
 
62%
 
30%
 
30%
 
95%
 
95%
 
93%
 
93%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.