- The Stoxx Global ESG Leader Index classifies the leading firms according to their environmental, social and governance (ESG) performance
- Enel’s subsidiary Endesa also admitted to the index
Rome, September 22nd, 2017 –Enel has been included for the fourth year in a row in the STOXX Global ESG Leaders index, which ranks companies’ environmental, social and governance (ESG) performance. Enel’s Spanish subsidiary Endesa was also admitted to the index.
Today’s announcement is the third recognition of Enel’s progress on sustainability in the international arena in just two weeks, following its inclusion once again in both Fortune Magazine’s Change the World list and in the Dow Jones Sustainability Index World.
The STOXX Global ESG Leaders Index was created by STOXX Limited, a global index provider that is fully owned by the German stock exchange Deutsche Boerse Group. The index uses 128 key performance indicators (KPIs), and its rating model is based on the KPI for ESG 3.0 standard by the Society of Investment Professionals in Germany (DVFA) and European Federation of Financial Analysts Societies (EFFAS).
The Enel Group is also included in other leading sustainability indexes such as the Dow Jones Sustainability Index World, FTSE4Good, Euronext-Vigeo, Carbon Disclosure Project (CDP). The Group was recently included in Fortune’s Change The World list, in which Enel was the only utility and the only Italian business among the top 50 companies in the world that had a positive social impact through activities that are part of their business strategy and operations.
Socially responsible investment funds have expressed increasing interest in supporting Enel's commitment to the highest sustainability standards. Based on the latest figures as of June 2017, SRI (Socially Responsible Investor) funds own 8.4% of Enel’s total outstanding shares, recording an increase on the 8% posted in December 2016, and represent 11% of the Group’s free float (10.5% as of December 2016).