Electrification of energy consumption
This key milestone will be accompanied by a firm commitment to the electrification of consumption.
Investments in the electricity distribution network and its digitalisation will enable us to promote the decarbonisation of the energy consumed by families, companies and public administrations through Endesa X. We will also develop electric mobility with investments in the deployment of charging stations for electric cars, of which there will be more than 46,000 by the end of 2024.
A fair energy transition
As we work to promote the change in the energy model, we are committed to contributing to ensure that the transition to an emission-free economy is fair, and we are working to mitigate the economic, environmental and social consequences that these changes may have. That is the objective of the Futur-e plans that we are promoting in the vicinities of the thermal power plants that are in the closing-down phase.
We participate in the CDP Climate Change
Since 2006, we have participated in the CDP Climate Change initiative, the most prestigious climate change index, which provides global information on the management of the risks and opportunities identified by the largest companies worldwide.
In the last edition, we achieved the highest score, at "Leadership". This excellent result is a reflection of our strong commitment to the fight against climate change. The recognition was given on the strength of the integration of climate change into business strategy, transparency when communicating it and the relationship with the value chain as refers to climate change.
Also, we adopt best practices for emissions management and set ambitious short- and long-term emission reduction targets, assessing their progress and implementing effective reduction actions.
Carbon footprint calculation is an instrument to create a detailed inventory of the greenhouse gas (GHG) emissions generated by a company.
At Endesa, we have calculated and verified the carbon footprint voluntarily since 2009. This indicator allows us to design the main climate strategies and set emission reduction targets.
In 2022 we have verified our carbon footprint for 2021, and we are in the process of registering it with the Spanish Climate Change Office to recognise our efforts of reducing our carbon footprint with the triple seal (Calculate, Reduce, Compensate). Thanks to the seal renewed last year with the 2020 carbon footprint registration, we became the first company in the energy sector to renew all three seals of the registration for the fourth consecutive year.