Enel Paris Agreement

[vi] www.enel.com/media/explore/search-press-releases/press/2020/05/enel-early-closure-of-the-brindisi-thermal-plants-unit-2-authorized0 [vii] Note: These include coal-free distribution companies. For more information, visit carbontracker.org/reports/making-it-mainstream-ca100-power-utility-profiles/, carbontracker.org/reports/iberdrola-aligns-with-carbon-trackers-paris-compliant-methodology-for-coal-power/ and carbontracker.org/reports/sse-aligns-with-carbon-trackers-paris-compliant-methodology-for-coal-power/. “The agreement reached following discussions between the company [Enel], the government and the Ministry of Ecological Transition is to close Groups 1 and 2 of the Alcudia thermal power plant on 1 January 2020, and from that date, groups 3 and 4 will be in service until August 2021 for a maximum of 1,500 hours per year. From that date until 2025 (or until the arrival date of the second link to the peninsula already included in the state planning), groups 3 and 4 will work only 500 hours per year. Urgent measures to combat climate change and its generation effects in 2018 have reached 250 TWh, unchanged from 2017. However, total production showed a change in the production mix, with a reduction in thermal production offset by higher production from renewable sources, mainly hydroelectric, but also wind and solar. As a result, in 2018, Enel`s electricity from emission-free sources amounted to about 49% of the total, a significant increase over 2017. In the performance of our business, which covers a large number of countries, markets and segments of the industry, Enel is exposed to various short-, medium and long-term risks (e.g. B, commodity risks, financial and strategic risks, including those related to climate change). In order to effectively manage events that may present risks and opportunities, Enel has set up an internal risk management and control system (SCIGR). This system consists of rules, procedures and organizational units that aim to identify, measure, monitor and manage key business risks within the group. In particular, SCIGR aims to ensure the capital of the company and to ensure the efficiency and efficiency of business processes, the reliability of information made available to communities and the market, as well as compliance with the laws, regulations and statutes of companies and internal procedures. 15.

Does corporate compensation for executives imply the performance of climate change? To be aligned with Carbon Tracker`s Paris-based alignment method, coal-fired power plants had to: .