Enel S.p.A. — Ethics Grade C

Enel S.p.A. receives an overall ethics grade of C (54/100) on CancelCo's corporate accountability database. Sector: Energy. Market cap: Large Cap.

Category scores

• labor: 50
• privacy: 60
• consumer: 40
• environment: 65
• humanRights: 55

Documented incidents (3)

• Water Rights Conflict in Chile (medium, 2022) — Enel's hydroelectric projects in the Biobio region have faced intense protests from Mapuche indigenous communities regarding water scarcity and displacement. Critics allege the company priority energy production over local ecosystem health during severe droughts.
• Brazil Maintenance Negligence (high, 2023) — Brazilian regulators fined Enel millions following prolonged power outages in Sao Paulo, citing inadequate maintenance and staff shortages. The outages left millions without electricity for days during record heatwaves.
• Abuse of Dominant Position Fine (medium, 2019) — The Italian Competition Authority fined Enel over €93 million for using privacy-protected customer data from its regulated entity to illicitly market services in the free market. The move was deemed a violation of competitive practices.

Documented good deeds

• Accelerated Coal Exit — Enel committed to exiting all coal-fired power generation by 2027 and reaching full decarbonization by 2040, ahead of many global peers.

Ethical alternatives

• Ørsted A/S — Global leader in offshore wind with higher ESG ratings and lower operational controversy frequency.