If you prefer to always view the website in English, please click here.

Endesa tops the IBEX 35 transparency and fiscal responsibility ranking

Endesa headquarters in Madrid
  • Endesa has come top of the IBEX 35 ranking of businesses with best practices in transparency for fiscal responsibility, according to the "Informe Contribución y Transparencia 2018" (Contribution and Transparency Report 2018) by the Fundación Compromiso y Transparencia (Foundation for Commitment and Transparency). 

 

Endesa is the best at informing its customers about fiscal matters, according to the "Informe de Contribución y Transparencia 2018", recently published by the Fundación Compromiso y Transparencia. According to the report, whose analysis is based on specific indicators, Endesa is ranked first, as it is perceived to be the company with greatest transparency and responsibility in fiscal matters of all the IBEX 35.

The report lists Endesa's best practices in this area, such as the introduction of the Fiscal Transparency section on the website, where the company volunteers information about its Fiscal Strategy (expressly demonstrating its willingness to comply with the tax regulations), its Fiscal Risk Management and Control System (as part of the company's Fiscal Control Framework), its participation in the System of Co-operative Compliance with the Spanish Tax Authorities, which is demonstrated by its signing up to the Fiscal Best Practice Code and submission of an annual Enhanced Transparency Report to the tax authorities, the taxes paid and collected in the jurisdictions in which the company operates (also listed in its Fiscal Contribution Report and Non-financial Report) and the main disputes concerning taxation (detailed in the company's Financial Statements).

Endesa also includes links on its website to the Activity Report by the Audit Commission, reflecting the company fiscal manager's periodic visits to the Commission to report on the company's tax position, expressly demonstrating that the company has not engaged fiscal advice by any external auditors, explaining the complaints system and fraud prevention system, and its crime prevention and anti-money-laundering systems.

The findings of this Report, which awards Endesa a score of 23 out of 24, demonstrate the company's degree of commitment to fiscal transparency and responsibility with respect to making an economic and social contribution to the communities in which it operates. In the words of María Muñoz Viejo, Endesa's head of Fiscal Affairs, "for Endesa, compliance with tax legislation is one of the values which guide the company's corporate social responsibility principles, and more specifically, the local contributions the company makes demonstrate clear commitment to the social and economic development of the communities in which it operates; this is an aspect which we feel it is important to share with all potential stakeholders with whom we work". In our current economic climate, there is ongoing debate surrounding the contributions which major corporations should make to the Public Administration coffers. Endesa has therefore taken an active stance, which involves clearly and transparently declaring the broad range and large amount of social contributions which they really do pay.

Documents

Press release in PDF

PDF (0.28MB) Download
advise icon go to the advise Facebook icon go to Facebook Twitter icon go to Twitter Youtube icon go to Youtube Messenger icon go to Messenger Linkedin icon go to Linkedin Instagram icon go to Instagram Shared Link icon Go to the shared link Checkmark Success icon Checkmark Success down arrow icon down arrow Previous Go to previous Next Go to the next close icon close add icon add up arrow icon up arrow oblique arrow icon look obliquely Arrow down icon Arrow down search engine icon search search engine icon search share icon share filter icon filter email icon send mail email icon email phone icon phone fax icon fac print icon print play icon play user icon go to the user section error icon an error has occurred info icon information thumb up icon like thumb up icon like thumb down icon don't like thumb down icon don't like clock icon Clock Lamp icon Lamp List icon List Map icon Go to the map Phone icon Phone Emergency icon Emergency Pause icon Pause Play icon Play Logout icon Sign off Phone icon Phone
go back icon go back in navigation number 50 icon go to product Tempo Happy 50 Horas calendar icon go to product Tempo Happy Día companies icon go to the business segment gas icon go to gas product catalog rising sun icon go to Tempo Verde-Renewable Energy product home icon go to the household segment 24 hours icon go to One Luz product electricity icon go to Luz's product catalog electricity and gas icon go to the Luz + Gas product catalog moon icon go to product One night light monkey wrench icon go to breakdowns and repairs sun icon go to Tempo Solar product clock icon go to Tempo Happy products 2 hour clock icon go to Tempo Happy 2 Hours product 24 hours icon go to product One Luz number 50 icon go to product Tempo Happy 50 Hours Medium Voltage power line See product catalog with electricity consumption from € 36,000 to € 360,000 / year High Voltage power line See catalog of products with electricity consumption more than € 360,000 / year company icon go to the business segment calendar icon go to product Tempo Happy Day Property management firms icon go to the Property management firms DarkSite icon DarkSite icon light bulb icon See product catalog with electricity consumption less than € 6,000 / year electricity and gas icon go to the Electricity+ Gas Products catalog electricity icon go to the electrical products catalog email icon email contact fax icon fax contact Low Pressure gas icon see catalog of gas products with consumption of less than € 6,000 / year High Pressure gas icon see catalog of gas products with consumption from € 6,000 to € 240,000 / year Medium Pressure gas icon see catalog of gas products with consumption of more than € 240,000 / year gas icon go to gas product catalog Enel icon go to the enel website heater icon heater maintenance service heater maintenance icon go to maintenance service OKGas Heater home icon go to the household segment pressure cooker icon pressure cooker monkey wrench icon go to breakdowns and repairs Medium Voltage power line icon see catalog of electricity products with consumption from € 6,000 to € 36,000 / year moon icon go to product One Night Light sphere icon go to personal website phone icon telephone contact rising sun icon go to Tempo Verde-Renewable Energy product solar panel icon go to photovoltaic solar energy clock icon go to Tempo Happy products black handyman icon with thumb down selected the reaction "I don't like it" little hand icon with thumb down select the reaction "I don't like it" black hand icon with thumb up selected the "like" reaction little hand icon with thumb up select the "like" reaction
Añadir otro equipo eléctrico Lorem ipsum dolor sit amet, consectetur adipisicing elit. Eliminar equipo eléctrico Lorem ipsum dolor sit amet, consectetur adipisicing elit. Aspiradora Lorem ipsum dolor sit amet, consectetur adipisicing elit. Horno Lorem ipsum dolor sit amet, consectetur adipisicing elit. Lavadora Lorem ipsum dolor sit amet, consectetur adipisicing elit. Lavavajillas Lorem ipsum dolor sit amet, consectetur adipisicing elit. Microondas Lorem ipsum dolor sit amet, consectetur adipisicing elit. Plancha Lorem ipsum dolor sit amet, consectetur adipisicing elit. Punto de recarga vehículo eléctrico Lorem ipsum dolor sit amet, consectetur adipisicing elit. Radiador eléctrico Lorem ipsum dolor sit amet, consectetur adipisicing elit. Secadora Lorem ipsum dolor sit amet, consectetur adipisicing elit. Split Aire Acondicionado Lorem ipsum dolor sit amet, consectetur adipisicing elit. Termo Lorem ipsum dolor sit amet, consectetur adipisicing elit. Tostador Lorem ipsum dolor sit amet, consectetur adipisicing elit. Vitrocerámica Lorem ipsum dolor sit amet, consectetur adipisicing elit. Power edit Lorem ipsum dolor sit amet, consectetur adipisicing elit. Map marker Lorem ipsum dolor sit amet, consectetur adipisicing elit.