Endesa's internal carbon footprint measurement project, one of the good practices recognised by the #PorElClima community

• It was one of the 10 good practices chosen in the VI edition of 10+10 Business Examples #PorElClima organised by the #PorElClima Community, a platform that seeks to implement the Paris Agreement in Spain ambitiously, through Companies #PorElClima.
• The Internal Price of Carbon is a tool designed to calculate and price CO2 emissions. The aim is to calculate emissions on a day-to-day basis based on the activity undertaken by each of the members of the Endesa family. 
• Today, the 20 initiatives recognised this year were announced, from among more than 100 nominations (10 in the large company category and another 10 in the SME category), at an event held at the Impact Hub Piamonte in Madrid.
• #EmpresasPorElClima is an initiative of the #PorElClima Community that promotes the implementation of the Paris Agreement and the 2030 Agenda for Sustainable Development within the Spanish business fabric, promoting the ambition of the private sector to fight against the climate emergency and progress together towards decarbonisation.

Endesa's project to measure the internal carbon footprint was chosen as one of this year's good practices in the sixth edition of the 10+10 Business Examples #PorElClima organised by the #PorElClima Community. It is a groundbreaking initiative by the company which serves to calculate and put a price on the company's CO2 emissions, both individually and collectively.

The most innovative step is that not only will the individual impact be measured, but that, based on these emissions, each area of the company will contribute financially to a shared fund which will be used for initiatives that enable emissions to be reduced systemically: Projects to mitigate this effect and continue working together for a healthy planet with a future.

The transport and Residential, Commercial and Institutional (RCI) sectors contribute significantly to total GHG emissions in Spain (30.4% and 7.9% of total GHG emissions in 2022). For ENDESA, these are two strategic sectors in its commitment to the electrification of energy end uses and precisely through the "Internal Price of Carbon" project, actions are proposed in both sectors within the company that will reduce their corresponding emissions. 

"Acting on the GHG emissions produced as a result of Endesa's daily activity enables us to demonstrate our exemplary behaviour in the electrification of society. If we are looking to be a net-zero emissions company by 2040, we all have to get involved, since the planet belongs to everyone," says Jorge Pina, Endesa's Environmental Manager.

Towards climate neutrality

The Paris Agreement establishes the need to achieve GHG emissions neutrality, the balance between greenhouse gas (GHG) emissions and absorption in the second half of the century.

In the fight against Climate Change, Endesa has established an ambitious roadmap towards the decarbonisation of its energy mix and has brought forward its conversion to a fully decarbonised company to 2040. This roadmap is based on a firm commitment to renewable energies, the development of a smart, flexible grid that makes it easier to implement distributed generation and the electrification of energy end uses.

Inventory of the Company's emissions

Endesa has been calculating its Carbon Footprint since 2009. The calculation of the Carbon Footprint provides essential information and transparency that helps in the management of the company's risks and opportunities with regard to Greenhouse Gases (GHG) globally and comprehensively, whilst enabling the incorporation of the "carbon component" into decision-making.                  

Endesa has established the operational limits for the full scope of its Carbon Footprint (CF) throughout the life cycles of each system, so the results of the Carbon Footprint include direct (Scope 1) and indirect (Scopes 2 and 3) emissions, in accordance with the following classification (figure):

#PorElClima Community

The #PorElClima Community is a multi-stakeholder platform that seeks to implement the Paris Agreement in Spain ambitiously. It brings together the pioneers for climate action, with the support of more than 19,000 people, more than 600 companies, more than 200 organisations and more than 40 institutions.  It is a collaborative initiative developed by a dynamic group that includes the three key sectors involved in the change: The Public Administration – represented by the Spanish Office for Climate Change, the Biodiversity Foundation and the Spanish Federation of Municipalities and Provinces – the private sector – represented through the Spanish Network for the Global Compact and the Spanish Group for Green Growth – and the public – represented by ECODES (which also acts as the executive secretariat for the initiative), SEO BirdLife and the Red Cross.

#EmpresasPorElClima is an initiative of the #PorElClima Community that promotes the implementation of the Paris Agreement and the 2030 Agenda for Sustainable Development within the Spanish business fabric, promoting the ambition of the private sector to fight against the climate emergency and progress together towards decarbonisation.

About Endesa

Endesa is a leading electricity company in Spain and the second largest in Portugal. The company is also the second largest gas operator in the Spanish market. It undertakes end-to-end business including the generation, distribution and retailing of electricity. It also offers, through Endesa X, value-added services aimed at the electrification of energy uses in homes, companies, industries and Public Administrations, including electric mobility, where it is one of the main operators of charging stations in Spain. Endesa is firmly committed to the United Nations SDGs and strongly supports the development of renewable energies through Enel Green Power España, the digitalisation of grids through e-distribución, and Corporate Social Responsibility (CSR). The Endesa Foundation is also active in CSR. Our workforce numbers around 9,260 employees. Endesa is a division of Enel, Europe’s largest electricity group.