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"The steps the Group has taken to fight climate change are an integral part of Enel’s business strategy, as evidenced in our ability to move up our 'Net-Zero' goal to 2040 and the Group’s focus on renewable energy growth and on promoting electrification. We are accelerating growth in all businesses while ensuring value for our customers, who are at the heart of the Group’s strategy."


Francesco Starace CEO and General Manager
Moving up on sustainable "Net Zero" goals by 2040 - Enel Strategic Actions
Scope 1 emissions - Net-Zero Commitment
Scope 1 and 3 emissions from electricity generation and sales - Net-Zero Commitment
The Group develops short-, medium- and long-term scenarios for energy and climate and for macroeconomic and financial conditions in order to support its strategic and industrial planning and the evaluation of investments and extraordinary corporate transactions. Their integration into corporate processes takes account of the guidelines of the Task Force on Climate-related Financial Disclosures (TCFD) and enables the assessment of the risks and opportunities connected with climate change.

The process of defining the Group’s strategies is accompanied by an accurate analysis of the risks and opportunities connected with those strategies, including aspects related to climate change.

In order to identify, in a structured manner and in line with the TCFD recommendations, the main risks and opportunities and their impact on the business, we have adopted a framework that explicitly describes the primary relationships between scenario variables and the associated risks and opportunities highlighting the strategic and operating measures including mitigation and adaptation. There are two main categories of risks/opportunity:

  • those that are related to trends in tangible variables;
  • those that are related to trends in transition scenarios.
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