Enel

Enel, headquartered in Italy and operating in the distribution and trade of electricity, is committed to significant carbon emission reductions.

In 2025, Enel's total reported emissions are approximately 62.5 billion kg CO2e. This includes Scope 1 emissions of about 19 billion kg CO2e, Scope 2 market-based emissions of roughly 4.8 billion kg CO2e (or 2.8 billion kg CO2e location-based), and Scope 3 emissions of approximately 40.7 billion kg CO2e. Key categories within Scope 3 include use of sold products at around 12.72 billion kg CO2e and fuel and energy related activities at about 13.05 billion kg CO2e.

Looking back, Enel reported total emissions of approximately 70 billion kg CO2e in 2024, with Scope 1 emissions at around 20.2 billion kg CO2e, Scope 2 market-based emissions at roughly 4.9 billion kg CO2e (or 3.1 billion kg CO2e location-based), and Scope 3 emissions at about 46.4 billion kg CO2e. In 2023, total emissions were about 94 billion kg CO2e, consisting of approximately 34.5 billion kg CO2e for Scope 1, 4.4 billion kg CO2e for Scope 2 market-based (or 3.2 billion kg CO2e location-based), and 56.7 billion kg CO2e for Scope 3.

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

Near-term targets (SBTi validated):

• Scope 1 and 2: Enel commits to reduce Scope 1 and 2 GHG emissions from power generation by 80.0% per MWh by 2030, from a 2017 base year.
• Scope 3 (fuel and energy related activities and sold electricity): The company aims to reduce Scope 1 and 3 GHG emissions from all-sold electricity by 78.0% per MWh by 2030, from a 2017 base year.
• Scope 3 (use of sold products): Enel commits to reduce absolute Scope 3 GHG emissions from the use of sold products by 55% by 2030.
• Scope 1 and 2 (non-power generation) and Scope 3 (purchased goods and services, capital goods, and remaining fuel and energy related activities): Enel aims to reduce absolute emissions in these categories by 55% by 2030.

Long-term targets (SBTi validated):

• Net-Zero: Enel commits to achieve net-zero greenhouse gas emissions across the value chain by 2040.
• Scope 1 and 2 (power generation): A 100.0% reduction in Scope 1 and 2 GHG emissions from power generation per MWh by 2040, from a 2017 base year.
• Scope 1 and 3 (fuel and energy related activities and sold electricity): A 100.0% reduction in Scope 1 and 3 GHG emissions from all-sold electricity per MWh by 2040.
• Scope 3 (use of sold products covering sold fossil fuels): A 100.0% reduction in absolute Scope 3 GHG emissions by 2040.
• Scope 1 and 2 (absolute) and Scope 3 (capital goods, fuel- and energy-related activities, upstream transportation and distribution): A 90.0% reduction in absolute Scope 1 and 2 GHG emissions and specified Scope 3 emissions by 2040.

These targets underscore Enel's commitment to decarbonisation in line with the Paris Agreement's 1.5°C pathway.