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Starace: Enel continues to reduce its emissions

Enel has set itself an emission reduction target in line with that of the UN
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Enel is accelerating the fight against climate change. As has been emphasised by CEO and General Manager Francesco Starace on several occasions, the importance of this issue does not end with words, but requires greater and more ambitious commitment. The Group, as recently announced, has boosted its 2030 greenhouse gas emission reduction target to 80%, compared to 2017 levels of 70%.

 

The new target has been certified in line with the Science Based Targets initiative (SBTi) and provides for a reduction in the Group’s 2030 direct emission threshold to 82 gCO2eq/kWh, from the 125 gCO2eq/kWh of the previous target announced last year. Enel thus becomes the first major, global, integrated utility to set itself an emission reduction target consistent with the United Nations’ commitments, which are aimed at limiting global warming to 1.5°C above pre-industrial levels and at achieving carbon neutrality by 2050, as validated by the SBTi.

A truly innovative and sustainable company does not hold back from embracing change, but is committed to leading it

Francesco Starace, Enel CEO

“With our commitment to such a drastic reduction in our emissions, we are leading the way in the fight against global warming”, Starace says. Enel has focused on this for some time and, not surprisingly, was one of the first companies to join the SBTi in 2015. Since then it has worked towards the achievement of important targets: in 2019, for example, it decreased direct greenhouse gas emissions per kWh by more than 36% (compared with 2007 levels).

And now, as also shown by the major investments planned for the growth of renewable capacity and by the thermal decommissioning plan, Enel is even more determined to progress along this path “by working relentlessly to maintain our leadership in the energy transition with ever-increasing attention to carbon-free activities.” Starace also stresses that “we are increasing the share of renewables in our generation mix. We are working with our customers towards energy efficiency and electrification, enabling change through reliable, digitalised and resilient grids. A truly innovative and sustainable company does not hold back from embracing change but is committed to leading it.”

Enel editorial staff