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, in all industries, including ours. 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 stay competitive 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 create value for society and the economy.
To this end, we are committed to advancing in the measurement of social impact 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 evaluations.
Fair, responsible and transparent tax contribution
We have a clear and publicly available Tax strategy and a solid Tax risk management and control system, and we are transparent in our relations with tax administrations and with all Stakeholders.
To this end:
Since 2017, the Enel Group has adopted a tax strategy, which was approved by the Board of Directors of Enel Chile in 2020 as a set of principles and guidelines inspired by the values of transparency and legality, which is published on the website www.enel.cl.
The subsidiaries of the Group 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 translated into more than 239 sustainability projects in the different regions in which we have a presence, reaching more than 881 thousand beneficiaries.
In line with the sustainable development goals (SDGs), these projects have included the expansion of infrastructures, educational and professional training programs, projects to support cultural and economic activities, the promotion of access to energy, rural and suburban electrification , solutions to energy poverty and the promotion of social inclusion of the most vulnerable segments of society.
In 2022:
- we ensure inclusive, equitable and quality education (SDG 4) to 223 thousand people;1
- we provide access to affordable, reliable, sustainable and modern energy (SDG 7) to 590 thousand people;2
- we promoted sustained, inclusive and sustainable economic growth (SDG 8) to the benefit of 68 thousand people.3
The key lever to carry out these projects are alliances with non-profit organizations, social enterprises, startups and public bodies with ties to the community.
1. Accumulated figures 2015-2022 for the total number of beneficiaries of SDG 4 to date: 694 thousand.
2. Accumulated figures 2015-2022 for the total number of beneficiaries of SDG 7 to date: 1,558 thousand.
3. Cumulative figures from 2015-2022 for the total number of SDG 8 beneficiaries to date: 473 thousand.
Shared value creation model
Access to energy
We are committed to promoting access to energy in developing countries both by providing electricity and through clean and innovative technologies to enable energy production with less impact on the environment.
In Chile, approximately 784 MW of renewable energy was connected in 2022, bringing the total renewable capacity in the region to around 6.3 GW.
Quality of education
We are committed to guaranteeing quality education to improve the lives of individuals, communities and society as a whole.
Enel Chile is convinced that education is the fundamental engine for sustainable development at the individual and collective level, which is why it makes financing, tools and content available to the communities that allow the youth of the country to advance in the fulfillment of their Life projects.
During 2022, the scholarship program for communities of indigenous peoples in Alto Biobío, Renaico and Pilmaiquén was continued, aimed at reducing gaps in education assistance, where 717 young people participated and among which 52% are women. Added to this are the initiatives that promote careers and knowledge around science, technology, engineering and the environment, highlighting the inauguration of Inti Ben, a photovoltaic booth as a meeting point for emergencies, developed by students of Basic School D-133 of María Elena, Enel Green Power and Fundación Litro de luz.
In the case of digital content, the new audiovisual production "Ciclos Vitales" is added, developed in conjunction with Planetarium, which proposes the transition to a circular economy, and has been viewed by more than 76,000 people. Within the same line of work, the Sumemos Energía for climate action project was developed, which included 28 talks on the circular economy, climate change and its effects on the electricity distribution network.
Additionally, the use of vermicomposters was incorporated, which were also built with revalued materials from our units' operations, with the participation of more than 1.7 thousand people. Among other educational actions carried out by the Company, the start of the construction of the New School of Quepuca Ralco stands out, for the Pehuenche communities of Alto Biobío, which was designed jointly with the communities themselves and local authorities, through dialogue and a collaborative work.
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.
Project
Ruta Pehuenche: a program to develop small local businesses
In Chile, where the Los Cóndores hydroelectric plant is being built in the Maule region, our work with the local community has generated training and work opportunities with the creation of networks of microentrepreneurs led by women. The project has a dual objective of promoting the economic growth of the entire community through training programs and improving living conditions through the use of environmentally friendly technologies for the provision of water, food, housing and energy and the resolution of health and hygiene problems.
The project has led to the creation of small businesses related to local tourism that produce handicrafts in wood and jewelry in stone and ceramics. In addition to increasing the capacity of households to generate income, the project represents a channel to promote and strengthen the role of women in the social fabric of the community.