Our strategy for sustainable progress1
Enel Chile's sustainable strategy directly
targets 4 SDGs while contributing to all the others
Index
The ambition of zero emissions lies at the heart of the strategy Enel Chile has been implementing, contributing to a just transition by taking concrete actions that address social impacts of climate change mitigation and adaptation
measures, together with employees, suppliers, communities and customers
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Climate change
Natural capital
Human rights and Health & Safety
Employees, Suppliers and Communities
Growth accelerators
Corporate Governance
ESG Ratings
1. 2024 -26 plan data, where not present, will be disclosed in due course | 1 |
Climate change
Zero emissions ambition
Our zero-emission goal pathway
Scope 1 Generation
(gCO2eq/kWh)
2017 | 2023 | 2024 | 2025 | 2026 | 2040 |
Baseline | Short-term | Short-term | Short-term | Long-term | |
targets | targets | targets | targets |
278 | 128 | <90 | <105 | <105 | 0 |
-54% | -68% | -62% | -62% | -100% | |
No negative
emissions
technologies or
offsets will be
deployed on the
path to the
zero-emission
goal
3
Capex plan aligned with our climate-related targets
2024-26 Gross Capex SDGs aligned
US$ 2.3 bn
>85%
Renewable generation and power retail
Distribution
e-mobility, enel x and other
1. Alignment to EU Taxonomy criteria (Climate change mitigation) 2. It excludes some non-core enel x businesses | 4 |
Operating positioning to reach short and medium-term | |
decarbonization targets | 2026 |
REN capacity1 (GW) | 7.8 |
REN capacity over total1 (%) | 79% |
CO2 GHG free production on total (%) | 82% |
Energy sold in Gx2 (TWh) | 33.4 |
Energy distributed3 (TWh) | 15.4 |
SAIDI4 (min) | 152 |
Network losses5 (%) | 5.5% |
Electrification6 (GWh) | 3,430 |
1. It includes renewable capacity and BESS; 2. Includes sales to regulated and free clients in the generation business; 3. Data only for Enel Distribución concession area; 4. SAIDI average LTM (Last Twelve Months); 5. Energy losses average LTM (Last Twelve Months); 6. GWh since 2019. Cumulative figures. Includes all e-buses, charging points through Enel X Chile and Enel X Way Chile, full electric buildings and air conditioning / heating sold.
Our long-term climate strategy: partnering with all our stakeholders in the fight against climate change
Financial Community
-
Partners
Planet
Clients
Employees,
Suppliers &
Communities
Enel Chile's capex plan fully aligned with 2040 zero-emissions targets
Sustainability-linked instruments to finance Enel Chile decarbonization strategy
Exit from gas power generation by 2040 100% renewable fleet by 2040
100% sales from RES by 2040 while closing the open position
Decarbonize the supply chain by 2040
Dialogue, engagement and collaboration in line with the principles of a just transition
6
Weathering climate-related events
Main steps towards Group adaptation plan
Climate adaptation approach
Resiliency measures
Increasing asset resilience and profitability to reduce climate physical risk by implementing adaptation measures on existing assets and ensuring resilience by design for new ones
Response management
Preparedness to respond to adverse events leveraging on weather and climate analyses, to prioritize efforts and ensure quick services restoration
Climate hazard assessment
Vulnerability to physical phenomena
Economic impact
Climate scenarios to assess expected changes in physical phenomena globally
Quantifying potential damages on assets and business interruptions as a function of intensity and probability of phenomena
Assessing the expected economic impact of climate change considering hazard and vulnerability of climate change
Opportunities
New business opportunities or product design to adapt to climate changes and facilitate adaptation for all stakeholders
Adaptation | Define adaptation measures to be implemented |
while incorporating climate analysis into capital | |
plan | |
allocation | |
A climate change proof company: leveraging on climate and asset data analysis to develop effective adaptation measures to preserve profitability, foster resilient business models and exploit opportunities
7
Natural Capital
The flip side of climate
Environmental Sustainability | Biodiversity
Enel Chile's roadmap on biodiversity conservation is in line with the Kunming-Montreal global biodiversity
framework.
The Policy foresees the application of the Mitigation Hierarchy Principle in all project phases
Including Biodiversity Risks Assessment to evaluate company-wide risk
Developing a Biodiversity Action Plan taking into account the specific aspects of local environments Minimizing the impact of Enel sites on habitats and threatened species included on the IUCN1 Red List
Enel's
Commitment
No Go in UNESCO World heritage natural site areas2
No Net Loss on selected projects in high biodiversity areas starting from 2025
2023 4
Biodiversity No Net Loss
for new infrastructures by 2030 No Net Deforestation by 2030
2024-26 Targets 4
Consolidation of the Group indicators and the biodiversity performance monitoring process
Internal deployment of the TNFD3 Guidelines for impacts, risks and opportunities evaluation
Consolidation of nature-relatedimpacts, risks and opportunities assessment and update of related action plan
Awareness campaigns on Environmental or Nature Capital conservation Topics
1. International Union for Conservation of Nature 2. Commitment related to new generation infrastructures 3.Taskforce on Nature-related Financial Disclosures 4. Enel Group level | 9 |
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Disclaimer
Enel Chile SA published this content on 17 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2024 16:34:09 UTC.