Enel

Enel, headquartered in Italy and operating in the distribution and trade services of electricity, is committed to significant carbon emission reductions and achieving net-zero emissions.

In 2025, Enel reported total emissions of approximately 62.5 billion kg CO2e. This included Scope 1 emissions of about 19 billion kg CO2e, Scope 2 emissions (market-based) of approximately 4.8 billion kg CO2e, and Scope 3 emissions totalling around 40.7 billion kg CO2e. Key categories within Scope 3 included fuel and energy related activities (approximately 13 billion kg CO2e), use of sold products (about 12.7 billion kg CO2e), and purchased goods and services (approximately 4.6 billion kg CO2e).

Looking back, in 2024, Enel's total emissions were approximately 70 billion kg CO2e, with Scope 1 at roughly 20.2 billion kg CO2e, Scope 2 market-based at around 4.9 billion kg CO2e, and Scope 3 at about 46.4 billion kg CO2e. In 2023, total emissions stood at approximately 94 billion kg CO2e, comprising around 34.5 billion kg CO2e from Scope 1, approximately 4.4 billion kg CO2e from market-based Scope 2, and about 56.7 billion kg CO2e from Scope 3. The company's total emissions in 2022 were roughly 118.4 billion kg CO2e, including Scope 1 emissions of approximately 43.5 billion kg CO2e, Scope 2 (market-based) of about 4.9 billion kg CO2e, and Scope 3 emissions of around 70 billion kg CO2e.

Enel has set ambitious climate targets, which have been validated by the Science Based Targets initiative (SBTi). The company aims to achieve net-zero greenhouse gas emissions across its entire value chain by 2040.

For near-term targets, Enel commits to reducing Scope 1 GHG emissions from power generation by 80% per kWh by 2030, compared to a 2017 base year. Furthermore, Enel aims to reduce Scope 1 and 3 GHG emissions from all sold electricity by 78% per kWh by 2030 (from a 2017 base year) and absolute Scope 3 GHG emissions from the use of sold products by 55% within the same timeframe. The company also targets a 55% reduction in absolute Scope 1 and 2 non-power generation emissions and Scope 3 GHG emissions covering purchased goods and services, capital goods, and all remaining fuel and energy related activities.

For long-term targets, Enel commits to reducing Scope 1 and 2 GHG emissions from power generation by 100% per MWh by 2040 (from a 2017 base year). It also plans a 100% reduction in Scope 1 and 3 GHG emissions from all sold electricity per MWh and a 100% reduction in absolute Scope 3 GHG emissions from the use of sold products (covering sold fossil fuels) by 2040. Additionally, Enel targets a 90% reduction in absolute Scope 1 and 2 GHG emissions, and a 90% reduction in absolute Scope 3 GHG emissions from capital goods, fuel- and energy-related activities, and upstream transportation and distribution by 2040.