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Change the World

Photo: Foto L’Osservatore Romano/Courtesy of Enel

20

Enel

ENLAY

A multinational energy company strives to lower the world’s carbon footprint.

Becoming entirely carbon-neutral by 2050: That’s what this company, which generates and distributes energy in 30 countries, has set its sights on doing. In 2015, 46% of the energy Enel supplied was produced without any carbon dioxide emissions. Enel recently created the first geothermal plant in Latin America (in Cerro Pabellon, Chile). It has also been teaming up with smaller energy innovators: Over the past two years, Enel has collaborated on 80 sustainability projects by startups, including a “Vehicle-to-Grid” hub in Denmark that channels surplus energy from electric cars back into the main power grid.

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Impact Segment

Environmental Impact

Sector

Energy

Industry

Utilities

CEO

Francesco Starace

Employees

62,080

Company Type

Public

Revenues ($M) (Last Fiscal Year)

$78,064

Profits ($M) (Last Fiscal Year)

$2,842

Market Value ($M)

$61,634

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