Enel SpA
Enel EU Taxonomy Data Preview
In 2024, Enel was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Enel has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Enel are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Enel's Revenues from Sustainable Activities
In 2024, Enel reported EU Taxonomy-eligible revenues of EUR 30.76 billion, representing 39% of its total turnover. Of this amount, EUR 28.32 billion of Enel's revenues was classified as EU Taxonomy-aligned, indicating that 35.9% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Enel's Taxonomy-Eligible Turnover Over Time
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Enel's revenues become more sustainable over time?
Since 2022, Enel's taxonomy-aligned revenues increased by 67.76%, reflecting a sustained upward trend in environmentally sustainable revenue generation.
Compared to the previous year (2023), Enel's taxonomy-aligned revenues increased by 6.21%, highlighting Enel's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.
How much of Enel's revenue is eligible under the EU Taxonomy?
In 2024, Enel reported that EUR 30.76 billion of its revenue was eligible under the EU Taxonomy, representing 39% of the company's total turnover. Of this amount, EUR 28.32 billion (35.9% of total revenue) was classified as Taxonomy-aligned. This means that 3.1% of Enel's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.
How much of Enel's eligible revenue is aligned with the EU Taxonomy?
In 2024, Enel reported that EUR 28.32 billion of its revenue was aligned under the EU Taxonomy, representing 35.9% of its total turnover.
This moderate level of alignment indicates that Enel has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
Enel's Eligibility & Alignment Overview
Enel's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Enel's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Enel reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 35.9%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Enel earn from selling climate-related solutions ?
In 2024, Enel reported that EUR 28.34 billion of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 35.9% of the company's total revenue, indicating that Enel has a moderate focus on solutions that support climate action through its commercial activities.
Insights into Enel's CAPEX from Sustainable Activities
In 2024, Enel reported EU Taxonomy-eligible CAPEX of EUR 9.90 billion, representing 86.5% of its total CAPEX. Of this amount, EUR 9.59 billion of Enel's CAPEX was classified as EU Taxonomy-aligned, indicating that 83.8% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Enel's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have Enel's increased its investment in sustainable activities over time?
Since 2022, Enel's taxonomy-aligned capital expenditure (CAPEX) increased by 2.32%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), Enel's taxonomy-aligned CAPEX decreased by 1.18%, suggesting that Enel may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
How much of Enel's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Enel reported that EUR 9.90 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 86.5% of the company's total CAPEX. Of this amount, EUR 9.59 billion (83.8% of total CAPEX) was classified as Taxonomy-aligned. This means that 2.7% of Enel's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
How much of Enel's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Enel reported that EUR 9.59 billion of its CAPEX was aligned under the EU Taxonomy, representing 83.8% of its total capital investment.
This strong alignment suggests that Enel is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
Enel's Eligibility & Alignment Overview
Enel's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is Enel's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Enel reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 83.8%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much Enel is investing in climate-related solutions?
In 2024, Enel allocated EUR 9.59 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 83.8% of the company's total capital expenditure, indicating that Enel is prioritizing climate-focused investments as a central part of its overall capital strategy.
Insights into Enel's OPEX from Sustainable Activities
In 2024, Enel reported EU Taxonomy-eligible OPEX of EUR 1.13 billion, representing 84.1% of its total operating expenses (OPEX). Of this amount, EUR 973.00 million of Enel's OPEX was classified as EU Taxonomy-aligned, indicating that 72.4% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Enel's Taxonomy-Eligible Opex Over Time
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
Have Enel's increased its spending in sustainable activities over time?
Since 2022, Enel's taxonomy-aligned operating expenditure (OPEX) increased by 8.22%, pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.
Compared to the previous year (2023), Enel's taxonomy-aligned OPEX increased by 5.85%, highlighting Enel's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
How much of Enel's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Enel reported that EUR 1.13 billion of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 84.1% of the company's total OPEX. Of this amount, EUR 973.00 million (72.4% of total OPEX) was classified as Taxonomy-aligned. This means that 11.7% of Enel's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
How much of Enel's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Enel reported that EUR 973.00 million of its OPEX was aligned under the EU Taxonomy, representing 72.4% of its total operational expenditure.
This strong alignment suggests that Enel is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.
Enel's Eligibility & Alignment Overview
Enel's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
How is Enel's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Enel reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 72.4%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much of Enel's operational budget supports climate-related solutions?
In 2024, Enel allocated EUR 972.33 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 72.4% of the company's total OPEX, indicating that Enel is focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.