Francesco Starace: the Assisi Manifesto

Published on Thursday, 5 March 2020

“We are all equal in the face of the climate emergency. Circular economy, renewables and technology are helping us to tackle this challenge”

– Francesco Starace, Enel CEO

“For some time now, Enel has decided to follow a path of awareness and progress towards a circular economy, based on renewable energy sources”, said Francesco Starace during his speech at the presentation of the Manifesto. “The results we have achieved during the past five years – doubling the company’s value and reaching a global dimension – prove that following this path with courage and determination is a logical and rational choice, and I invite everyone to follow suit”, added the CEO. He renewed this appeal in his interview with La Repubblica during the event, in which he explained how the green economy can bring wealth and social equality: “A major principle of a sustainable economy is stability in value creation: if you preserve resources you can continue to generate wealth without creating inequalities, which is what happens when only part of society can access few available resources. So, first we must preserve the available resources and then we must distribute wealth in a better way, so as not to create inequality”.

Francesco Starace also talked about how Italy can benefit from this approach: “Italy is a country with scarce raw materials available. This is why its industrial sector has always been dedicated to the transformation of imported raw materials into products and services with high added value. For years, the Italian industrial sector has sided with sustainability and the fight against waste. It is no coincidence that we have highly efficient companies, and can boast results above the European average in material recycling and the circular economy”. Such resources are indispensable, and their value is clear in Francesco Starace’s comment to the Assisi Manifesto: “We are all equal in the face of the climate emergency. Circular economy, renewables and technology are helping us to tackle this challenge”.

 

Enel editorial staff