Sustainability Business Plan

Zero Emissions Ambition: This includes actions from our business model that are aligned with the goal of not exceeding a temperature increase of 1.5 degrees Celsius compared to pre-industrial levels. In our efforts to tackle this ambitious goal, we will not offset emissions, in keeping with the generation grid decarbonization process, thanks to our gradual replacement of our thermoelectric portfolio with new renewable capacity, and the hybridization of renewables with storage solutions.

Clean Electrification: We are committed to the electrification of energy uses preferred by people in their daily lives, making them active participants in the adoption of cleaner energies. We support our strategic actions through our digitized platform that has the capacity to manage a large customer base, so that we can create value by reducing our customers’ energy costs and carbon footprint, considerably and tangibly improving the quality of life for all.

People: Stakeholder relations are at the heart of our commitment, whether they are employees, suppliers, community members or customers. Meeting their needs also entails turning our attention to the most at-risk groups during the transition to a decarbonized economy, paying special attention to their re-rating and reconversion as a way to support them in the creation of a more resilient ecosystem. Regarding our employees, we are also committed to promoting a diverse and inclusive environment, encouraging development and capacity building. We establish responsible relations with the communities where we operate as an integral part of our strategy, promoting social and economic development. We have also boosted our commitment to sustainability on the supply chain by incorporating environmental, social and governance requirements.

Nature: The challenge arising from climate change is the greatest hurdle humanity faces. Protecting the environment and natural resources, combating climate change and contributing to sustainable economic development are strategic factors in the planning, operation and development of our activities. Along with our actions towards decarbonization, we translate environmental sustainability into our daily commitment to the conservation and preservation of nature and biodiversity through the reduction and mitigation of potential negative effects on the planet that may result from our various activities.

Growth Drivers: These are essential tools for increasing and expanding the range of action to achieve our objectives, encompassing and strengthening all the themes included in our sustainability strategy. Innovation facilitates the integration of sustainability in all aspects of our business, playing a pivotal role that allows us to meet the needs of our stakeholders, amplifying the scope of our strategy’s impacts. In addition to innovation, the circular economy is a driver aimed at reducing our consumption of materials across the entire value chain while developing circular business models and new solutions such as exchange platforms. We also integrate cybersecurity as a key element to strengthen our strategy. It is the basis of the digital transformation, and necessary to increase resilience and digital supports, i.e. platforms and tools that make the daily activities of our employees more sustainable.

ESG Fundamentals:  At the core of our strategy to contribute to sustainable progress is our commitment to respecting human rights across the value chain, including the wellbeing, health and safety of people. Strong governance is the foundation for sustainable success and is intrinsically linked to our corporate governance structure, which incorporates ESG aspects into key corporate decision-making processes.

Commitment to the SDGs

As a member of the Enel Group, Enel Americas is committed to specifically contributing to four of the 17 Sustainable Development Goals (SDGs) set by the United Nations in 2015, under the Group’s business model, without discounting a contribution to the other goals.

Our commitment to the SDGs took shape when we defined a sustainable business model focused on the just energy transition. It is also reflected in the various investments undertaken by our business units.

We are committed to SDGs listed below: