Enel

InfluenceMap Score
B
Performance Band
84%
Organisation Score
75%
Relationship Score
Sector:
Utilities
Head​quarters:
Rome, Italy
Brands and Associated Companies:
Endesa, Enel Green Power , Empresa Nacional de Geotermia, Enel Brasil
Official Web Site:
Wikipedia:

Climate Lobbying Overview: Enel is strategically engaged on various EU climate change policy streams, with predominantly positive lobbying positions. The company is strongly supportive of the energy transition, in particular the expansion of renewable energy and phase out of fossil fuels.

Top-line Messaging on Climate Policy: Enel’s top-line messaging on climate policy is positive. The company stated support for the EU’s Climate Law, which sets a carbon neutrality target for 2050, in its 2020 Sustainability Report published in April 2021. In the same report, the organization stated strong support for the Paris Agreement goals, and advocated for higher NDC ambition, and supported article 6 in the agreement. In October 2021 Enel signed a Global Wind Energy Council joint manifesto that called for policymakers to increase the ambition of government regulation on climate change to align with a net zero economy. Enel advocated for policy mechanisms to ensure carbon is priced into the economy in its 2020 Sustainability Report. Enel supported climate provisions in the Build Back Better Act in a September 2021 open letter to US Congress.

Engagement with Climate-Related Regulations: Enel is strongly supportive of EU climate regulation. Enel strongly supported the EU Emissions Trading Scheme (EU ETS), calling for the Linear Reduction Factor to be increased, the Market Stability Reserve to be strengthened, and the scheme to be extended into the transport and buildings sector in a November 2021 EU public consultation response, and in a 2021 joint letter signed by the CEO. In a November 2021 EU public consultation response, the company supported the EU's Carbon Border Adjustment Mechanism including the hydrogen sector, and the phase out of emissions allowances over a ten-year period from 2026-2036. Outside of Europe, Enel has also supported emissions trading policy, for example in a January 2022 letter to the Virginia General Assembly, the company supported the Regional Greenhouse Gas Initiative in Virginia.

In a November 2021 EU public consultation response, Enel supported an increase in ambition for the EU’s Energy Efficiency Directive to align with the EU’s other climate objectives, however it did not seem to fully support the energy savings obligation mandate. In July 2021, Enel CEO Francesco Starace signed a cross-industry CEO Alliance joint letter which supported the EU’s Renovation Wave initiative, and advocated for an annual 3% renovation target. Alongside this, Enel strongly supported the EU’s Renewable Energy Directive revision in a November 2021 EU public consultation response, advocating for more ambitious 2030 renewable targets. The company also signed an open letter to EU policymakers in March 2021 to ensure low-carbon fuels were excluded from the Renewable Energy Directive. The CEO Francesco Starace actively engaged on the EU’s 2030 GHG emission reduction target, and in 2021 he advocated for a target of “at least 55% by 2030” in an CEO Alliance open letter. The company stated support for the EU’s Methane Strategy in its 2020 Sustainability Report. The company advocated for stronger energy efficiency standards in the US and supported the Virginia Clean Cars vehicle fuel economy standards in a January 2022 letter to the Virginia General Assembly.

Positioning on Energy Transition: Enel strongly supports the transition of the energy mix. Enel supported the recommendations of the European Commission’s Technical Expert Group on the EU’s sustainable finance taxonomy, in its 2020 European Taxonomy Report, published in April 2021. This advocated for an electricity generational threshold of 100gCO2e/kWh, declining to 0gCO2e/kWh by 2050 to ensure no inclusion of unabated fossil gas. In July 2021, the Financial Times reported that Enel supported the decarbonization of the transport and hard-to-abate sectors, while advocating for a phase out of fossil fuel subsidies. Enel also appeared to advocate against the use of fossil gas and expansion of fossil gas infrastructure, suggesting it is counterproductive to meet EU climate objectives in a November 2021 EU public consultation response. The company supported the revision of the Energy Taxation Directive (ETD) to remove exemptions for fossil fuels in a November 2021 EU public consultation response.

On its corporate website in 2021, Enel supported the use of green hydrogen in heavy industry and transport sectors, while it expressed caution against use of blue and grey hydrogen, and hydrogen blending with fossil gas. In a March 2021 consultation response, the company supported the EU’s Hydrogen and Gas Decarbonization Package, calling for hydrogen blending with fossil gas to be avoided, and for a limited long-term role for fossil gas infrastructure.

Industry Association Governance: In its 2020 Sustainability Report, Enel disclosed a list of some of its industry association memberships, commenting on its alignment with the company’s climate positions and roles within the associations. However, it only includes a selection of industry association memberships. For example, the review excluded Confindustria and Edison Electric Institute, both of which take mixed positions on climate change policy. The company is a member of numerous industry associations which actively and positively engage on climate change. These include influential roles on the board ofthe International Emissions Trading Association (IETA), SolarPower Europe, Wind Europe and SmartEn.

A detailed assessment of the company's industry association review can be found on our CA100+ platform here.

Additional Note: The government of Italy owns 23.59% of Enel. It is likely that Enel retains channels of direct and private engagement with Italian officials that InfluenceMap is unable to assess. As this is not publicly available information, it is not reflected in Enel's engagement intensity metric.

QUERIES
DATA SOURCES
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Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
86%
 
86%
 
86%
 
86%
 
48%
 
48%
 
75%
 
75%
 
67%
 
67%
 
80%
 
80%
 
95%
 
95%
 
68%
 
68%
 
87%
 
87%
 
55%
 
55%
 
91%
 
91%
 
85%
 
85%
 
49%
 
49%
 
59%
 
59%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.