Rank
5
Enel
An employee monitors coal stored in a sealed storage dome in this arranged photograph at Enel SpA's Torrevaldaliga Nord thermoelectric coal-fired power station in Civitavecchia, Italy, on Friday, Oct. 10, 2014. Italy's borrowing costs rose at a sale of three-year notes as investors await the European Central Bank's next moves. Photographer: Alessia Pierdomenico/Bloomberg via Getty ImagesPhotograph by Alessia Pierdomenico — Getty Images
We expect revolutions to be led by tiny upstarts, not established giants. But Enel, Italy’s $101 billion-in-revenues utility—No. 69 on the Global 500—is charging the barricades when it comes to clean power. Last year it generated 38% of its total output from renewable sources, including wind, solar, and geothermal energy. CEO Francesco Starace says that figure will be 48% in four years, and he has committed to making Enel—whose fastest-growing subsidiary is Green Power, which had $3.9 billion in revenues last year—carbon-neutral by 2050.
Company Info
Sector | Energy |
Industry | Utilities |
Country | Italy |
Revenues ($ millions) | 100,539 |
Company type | Public |
CEO | Francesco Starace |
Website | www.enel.com |
Impact Segment | Environmental Impact |
Fortune Rankings
Fortune 500 Rank | - |
Fortune 500 Profile | - |
Most Powerful Women Rank | - |
Most Powerful Women Profile | - |
World's Greatest Leaders Rank | - |
World's Greatest Leaders Profile | - |