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
Fostering and supporting sustainable businesses has become a key priority and challenge for all industries, including ours. Protecting the environment and the interests of all stakeholders is of fundamental strategic importance for long-term value creation.
Strong financial stability is essential to maintain competitiveness in the industry and to demonstrate that sustainable business models are benefits for us all. At the same time, investments in renewable energy, energy efficiency and network development can generate value for society and the economy.
To this end, we are committed to improving the measurement of social impact through an approach that reflects the benefits of our investments in the areas where we operate. Our integrated strategy is based on models that follow international best practices, with the aim of offering rigorous, reliable and transparent evaluations.
Fair, responsible and transparent tax contribution
We have a clear and publicly accessible tax strategy, supported by a solid tax risk management and control system. We maintain a transparent relationship with both the tax authorities and all interest groups.
Enel Chile adheres to the Enel Group's tax strategy, based on a set of principles and guidelines inspired by values of transparency and legality in tax management, assuming the responsibility of ensuring its knowledge and application.
We promote transparency and integrity in our relationships with tax authorities and act with a collaborative approach with all institutions and associations involved to carry out an effective tax system. Since 2018, we have published the Total Tax Contribution Report annually, available at the following link.
Based on the application of different analysis, planning and monitoring tools, and with full respect for Human Rights, we execute comprehensive programs that have allowed us to establish long-term links and collaboration with more than 250 communities and social organizations in more than 60 municipalities. , in order to identify points of convergence with the corporate strategy and ensure the social sustainability of the Company's activities.
In 2023, we contribute to projects that promote social and economic growth and development in the different regions in which we have a presence.
In line with the sustainable development goals (SDG), these projects have included the expansion of infrastructure, educational and vocational 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 2023, we develop 28 sustainability projects, reaching more than 125 thousand beneficiaries:
- We ensure inclusive, equitable and quality education (SDG 4)
- We provide access to affordable, reliable, sustainable and modern energy (SDG 7)
- We promoted sustained, inclusive and sustainable economic growth (SDG 8)
The key lever to carry out these projects are alliances with non-profit organizations, social companies, startups and public organizations with ties to the community.
Shared value creation model
Access to energy
Access, quality and equity of the electricity supply are fundamental dimensions on which we have constantly worked to contribute to the reduction of energy poverty. In this way, Enel Chile contributes to an energy transition that leaves no one behind and promotes local development.
In 2023, suburban electrification projects have reached 4,912 people. We continue to advance in the installation of temporary electrical connections for families in camps, promoting affordable, safe and resilient access to electricity, while ensuring the continuity of regulated neighbors in the Metropolitan Region.
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.
Through various initiatives, we promote environmental awareness and provide tools for technical training, especially aimed at youth. Our dissemination of STEM content and knowledge about climate change seeks to inspire new generations to seek sustainable solutions, thus contributing to training future leaders and innovators in the fight against climate change.
During 2023, the "Let's add energy for climate action" project focused on educating and raising awareness among communities about the effects of climate change and daily actions to increase the recovery of household waste, reaching 639 people in 18 organizations in 14 communes. .
Through the short film "Ciclos Vitales" and other projects such as the "Electrical Safety School for Institutions", we have reached more than 80,000 students and trained 147 people from 26 institutions on electrical safety issues.
Along the same lines, we have implemented educational programs to promote STEM education in schools such as Don Orione de Quintero, benefiting more than 400 students from 7th grade to 2nd grade. This, in collaboration with Lab4U, seeks to increase female representation in the energy industry and promote equity.
Our educational initiatives also include scholarship programs for communities of indigenous peoples in Alto Biobío, Pullinque and Pilmaiquén, where 895 young people participated, and improvement of educational units for more than 400 students in Alto Biobío.
In addition, the "Journey to Renewable Energy" program offers a comprehensive experience with visits to renewable energy generation plants in northern Chile, complemented by a mobile application that enriches the learning experience.
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.
Initiatives
Promotion of entrepreneurship
At Enel Chile we seek to create new business opportunities that allow local communities to actively join the value chain. Our vision is to promote an entrepreneurial ecosystem that not only generates employment, but also contributes significantly to the construction of a more sustainable and equitable economy, such as, for example:
- Women's Circular Entrepreneurship Program
It corresponds to an initiative designed to train women in the town of Baquedano, providing them with key skills to develop sustainable ventures. The program seeks to foster a culture of entrepreneurship and innovation through a training plan that combines both theory and practice. The main objective is to generate a direct and positive impact on the entire community, strengthening the entrepreneurial skills of local women and promoting the adoption of sustainable practices.
- Bocamina Closure Plan
In the southern part of the country and specifically in the city of Coronel, framed in the Closure Plan of the Bocamina Thermal Power Plant, the latest version of the Coronel Emprende Fund was carried out, which was aimed at promoting local entrepreneurial projects. and benefited 1,364 people during 2023.
- Competitive Funds Ralco Hydroelectric Plant
The first version of the Alto Biobío Competitive Funds was developed, with 31 entrepreneurs who accessed co-financing for the acquisition of equipment for their businesses, thus promoting family economic autonomy and the entrepreneurship ecosystem in the territory.