[vii] Note: This includes coal-free distribution companies. For more information, visit carbontracker.org/reports/making-it-mainstream-ca100-power-utility-profiles/, carbontracker.org/reports/iberdrola-aligns-with-carbon-trackers-paris-compliant-methodology-for-coal-power/ and carbontracker.org/reports/sse-aligns-with-carbon-trackers-paris-compliant-methodology-for-coal-power/. [vi] www.enel.com/media/explore/search-press-releases/press/2020/05/enel-early-closure-of-the-brindisi-thermal-plants-unit-2-authorized0 “The agreement reached following discussions between the [Enel] company, the government and the Ministry of Ecological Transition is to close Groups 1 and 2 of the Alcudia thermal power plant on 1 January 2020, and from that date, groups 3 and 4 will be in service until August 2021 for up to 1,500 hours per year. From that date until 2025 (or until the arrival date of the second link to the peninsula already included in the state planning), groups 3 and 4 will work only 500 hours per year. The Group`s strategy and positioning ensure resilience, adapting and mitigating development of the external context in the context of climate change through a vision, business model and leadership consistent with the Paris Agreement (COP21) and focused on the sustainability and flexible growth of public services: President – In the role of management and coordination of board efforts and monitoring the implementation of board decisions, The President plays a proactive role in approving and tracking sustainability strategies for companies, whose growth is a pillar through low-carbon technologies and services. In 2018, the President also headed the Corporate Governance – Sustainability Committee. As the World Economic Forum stated in its 2019 Global Risk Report, climate change is now the greatest risk to society and will have a direct impact on long-term business development. Enel CEO Francesco Starace, CFO Alberto De Paoli, Chief Innovability Officer Ernesto Ciorra and Director of Communications Roberto Deambrogio had a busy schedule, from the climate summit, chaired by UN Secretary-General Antonio Guterres, who focused on measures to combat climate change, to the Bloomberg Global Business Forum, which discussed solutions for the financial system to play its part in the campaign, the roundtable of the Global Compact on The Financing of the United Nations Programme for 2030 and the SDG Business Forum on the Role of the Private Sector in Achieving the Sustainable Development Goals (SDGs). (1) Values calculated according to stochastic methodology and presentation of corresponding deterministic variations. (2) Effects on Italy and Iberia. (3) As far as Italy, Spain, Romania and South America are concerned, whether it is reheating or renewable. (4) Global scope. In addition, Enel has set up the following two management committees, chaired by the CEO, whose tasks also cover climate-related themes: 12.
Does the company have a process to manage climate risks? In 2018, Enel had an installed capacity of 85.6 GW, an increase of about 0.7 GW over 2017 after the commissioning of new renewable facilities. In practical terms, this increase is due to new wind farms in the United States and solar installations in Mexico.
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