Transparency in institutional relations

During 2015 Enel handled its relationships with institutions (local, national, European and international) by confirming an approach based on complete and transparent disclosure aimed at providing institutional interlocutors with the necessary technical knowledge so that they are best placed to take the decisions for which they are responsible.

Interaction with institutional contacts enables Enel not only to represent the Company’s positions on the various issues of interest, but also to make available to interlocutors its own know-how on energy and environmental issues. As part of relationships with European institutional interlocutors, Enel contributes actively in every stage of the decision-making process for political and legislative dossiers of interest to the Company as a result of careful monitoring and analysis. In 2015 the Commission for Energy Union defined the framework strategy based on the three consolidated objectives of the European Union’s energy policy: security of supply, Sustainability and competitiveness. The strategy is based on the “2030 framework” for climate and energy and on the energy security strategy of 2014, and integrates various strategic sectors into a single cohesive strategy.

Among the issues attracting particular attention from Enel in 2015 were of course European climate change and energy policies being discussed within the framework of climate and energy objectives, but also the reform of the directive on the EU’s emissions trading system (ETS), the new laws on air quality, the creation of the European Fund for strategic investments (the so-called Juncker Plan), the implementation of the financial regulation Directive MIFID II, fiscal transparency, the application of the regulation on State aid and competition, the future laws on the security of supplies and on the gas market, the laws on emissions from electricity power plants and, finally, the climate protocol.

The Enel Group has been recorded on the EU’s voluntary Transparency register since its creation in 2008. The Register aims to offer citizens unique and direct access to the information on who is undertaking activities aimed at influencing the EU decision-making process, on the interests being pursued and on the resources invested in these activities.