Significant successes so far have been made possible by our Creating Shared Value (CSV) strategy and model, which integrate social and environmental factors into business processes along the value chain, with a particular emphasis on business development, engineering and construction, procurement, and asset management and maintenance.
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SPANISH
Value Creation Metrics for Communities
Economic growth
Developing and supporting sustainable businesses is a key priority, as well as a challenge, across industries, including our own. Protecting the environment and the interests of all stakeholders is of crucial strategic importance in creating long-term value.
Strong financial stability is essential to maintain competitiveness in the industry and to demonstrate that sustainable business models are beneficial for all of us. At the same time, investments in renewable energy, energy efficiency and grid development can generate value for society and the economy.
To this end, we are committed to advancing social impact measurement by adopting an approach that expresses the benefits of our investments in the territories in which we operate. Our integrated approach uses models in line with international best practices with the aim of providing rigorous, reliable and transparent assessments.
Fair, responsible and transparent tax contribution
We have a clear and publicly available Tax strategy and a robust Tax risk management and control system, and we are transparent in our relations with tax administrations and all stakeholders.
Since 2017, the Enel Group has adopted a tax strategy, which was approved by the Board of Directors of Enel Américas in 2020 as a set of principles and guidelines inspired by the values of transparency and legality, which is published on the www.enelamericas.com website.
The Group's subsidiaries are obliged to adopt the tax strategy approved by the Parent Company, thus assuming the responsibility of ensuring its recognition and application.
In 2022, our contribution to social and economic growth and development resulted in more than 447 sustainability projects in the different regions in which we operate, reaching more than 2.1 million beneficiaries. In line with the Sustainable Development Goals (SDGs), these projects have included the expansion of infrastructure, educational and vocational training programmes, projects to support cultural and economic activities, the promotion of energy access, rural and suburban electrification, solutions to energy poverty and the promotion of social inclusion of the most vulnerable segments of society.
In 2022:
- ensure inclusive, equitable and quality education (SDG 4) for 216 thousand people;1
- provide access to affordable, reliable, sustainable and modern energy (SDG 7) to 1.3 million people;2
- promoted sustained, inclusive and sustainable economic growth (SDG 8) for the benefit of 579 thousand people.3
The key lever to carry out these projects are the more than 581 alliances around the world with non-profit organizations, social enterprises, startups and public bodies with links to the community.
1. Cumulative figures 2015-2022 for the total number of SDG 4 beneficiaries to date: 1.0 Million
2. Cumulative figures 2015-2022 for the total number of SDG 7 beneficiaries to date: 7.9 Million
3. Cumulative figures from 2015-2022 for the total number of SDG 8 beneficiaries to date: 1.8 Million
Shared value creation model
Access to energy
We are committed to promoting energy access in developing countries both by providing electricity and through clean and innovative technologies to enable energy production with less impact on the environment.
- At Enel Américas, approximately 0.6 GW of renewable energy was connected in 2022, bringing total renewable capacity in the region to around 11.5 GW.
Quality of education
We are committed to ensuring quality education to improve the lives of individuals, communities and society as a whole.
Energy at School Project
Carried out by Enel Grids Brasil, this initiative reinforces the conscious consumption of electrical energy, the preservation of the environment and the responsible and efficient use of natural resources. It operates mainly in public schools, benefiting teachers, children and youth through the delivery of educational content. Among the activities that were carried out, the training of teachers, rational and efficient use of electrical energy in students and society, a visit to the Enel plant, and interaction on the energy bus, which contains virtual reality videos and totem poles, stand out. with educational games. To date we have benefited 67 communities with a total of 332 schools and a total of 115,141 students.
Decent work and economic growth
We make a concrete contribution to the social and economic development of the communities in which we operate through initiatives of various kinds, such as the expansion of infrastructure, education and training programs, social inclusion projects and support for local cultural activities.