Enel Colombia's Vision and Position in Circular Economy

Published on Wednesday, 1 December 2021

The study "Enel Colombia's Vision and Position in Economy" was publicly launched last September through a press release and corporate social media.

With this document, Enel companies in Colombia reaffirm their commitment to adopting a circular economy within their strategic plan, incorporating it in all their business lines as necessary for fulfilling the United Nations' Sustainable Development Goals (SDGs) 2030 Agenda.

In addition to presenting Enel Group's five-pillar circular economy model (Circular Inputs, Product Life Extension, Shared Use, Product as a Service and New Life Cycles), the document provides a broad introduction to a Circular Economy, its global context, the Company's vision, its application within Enel Colombia and the steps to follow for its internal and external adoption.

It becomes a guide for citizens, academics, companies, and institutions to know, understand and implement this new economic model.

The director of Enel in Colombia, Lucio Rubio Díaz, stated that "we are aware of the need for a sustainable economic model as an enabler of development. For this reason, we have redesigned our model, focusing it on a new strategic and operational paradigm capable of combining innovation, competitiveness, and sustainability in response to main environmental and social challenges. A circular economy becomes a great lever to achieve our operations' decarbonization and to provide cities with the best technology and, above all, clear air".

 Additionally, he concluded that "Colombia has been one of the pioneering countries in Latin America in adopting a strategic vision on a circular economy, but it is crucial to continue to maintain and strengthen that leadership position.

Public and private institutions within cities will continue to find in Enel Colombia an ally to enhance the Energy Transition and guarantee a sustainable development that contributes to everyone's wellbeing.