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Enel SpA is a publicly listed energy company headquartered in Italy, with 23.59% owned by the government of Italy. In 2019, its revenue was US$86.81 billion and installed capacity was 84.35 GW. Enel has a presence in 32 countries, from Argentina to Zambia. It is one of only three companies assessed that accompanies its board-level responsibility for climate change management with climate change expertise at the CEO level.

Ranking position
#10 /50
Total score
13.2 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-50)


3.1 /4 #2

Material Investment

4.1 /7 #10

Intangible Investment

0.3 /2 #11


2.9 /4 #5

Policy Engagement

0.8 /1 #3

Business Model

2.0 /2 #1

Leading practices

Risks and opportunities


Enel is awarded a trend score of -. If the company were reassessed in the near future, its score would likely worsen. The company has set a SBTi-approved decarbonisation target for alignment with a well-below 2-degree pathway, but, in the 2018 reporting year, it was not on track to achieve this target. Enel’s recent emissions reduction trend did not match the pace required for the company’s well-below 2-degree pathway and forward projections of locked-in emissions for 2019-2033 are above the budget available under the company’s pathway. Even though it is taking climate change management seriously and adapting its business model for low-carbon transition alignment, Enel needs to increase the pace of its generation emissions intensity reduction. New data on plans for future generation mix became available after this assessment was concluded. The data applied for this assessment, combined with poor visibility on non-mature mitigation R&D spend, indicates the company is not keeping up with the pace of change required for alignment.

Progress towards the Paris Agreement

See results for

  1. 2021
  2. 2023

More about the company

Rome, Italy
Ownership structure
Publicly listed, with 23.59% owned by the government of Italy
Group revenue
US$86.81 billion (2019)
Installed capacity
84.35 GW (2019)