Santiago, September 11th, 2017. For the first time, Enel Américas was admitted as a constituent to the FTSE4Good Emerging Index. This index is part of the FTSE4Good series which incorporates companies listed on stock exchanges around the world that comply with high environmental, social and governance (ESG) standards, based on the principles of responsible investment. The FTSE4Good criteria are applied to the FTSE Emerging Index, which covers over 20 emerging countries and was launched in 2016.
"This recognition is a testament to our hard work in placing sustainability at the core of our business. At the market level, it is increasingly important for companies to meet certain environmental, social and governance criteria that ensure responsible investment," said Luca D'Agnese, Head of Enel Americas.
Created in 2001 by FTSE Russell, the global index provider part of London Stock Exchange Group, FTSE4Good is a series of indexes designed to support investment in sustainable companies. Transparent management and clarity in the definition of ESG criteria make the FTSE4Good Indexes suitable tools for a wide variety of investors when devising or evaluating sustainable investment products.
The FTSE4Good Index includes more than 300 indicators in 14 different themes, grouped into three pillars: environmental, social, and corporate governance.
The environmental pillar assesses aspects such as climate change, pollution, resources, water use, biodiversity, and environmental management.
In the social pillar, the themes considered are labour standards, health and safety, human and community rights, client responsibility, and social management.
The third pillar evaluates corporate governance, in addition to risk management, fiscal transparency, and anti-corruption.
Enel Américas, an Enel Group subsidiary, is one of Latin America’s leading private electric utility multinationals. Currently, it has direct and indirect participation in the electricity generation, transmission and distribution sectors, as well as in other related areas, and it has operations in four countries in the region: Argentina, Brazil, Colombia and Peru. The generation companies of Enel Américas have an installed capacity of nearly 11 GW, while its distribution companies serve about 16.2 million customers.