Our commitment

• More responsible: building stronger foundations in the societies it operates in and serves, identifying environmental and social responsibilities and acting appropriately.
• More efficient: increasing the value of operations, making rational use of natural resources and minimising the risks deriving from ever more demanding environmental standards.
• More competitive: making the most of sustainable development opportunities to create lasting value in the company and thus increase its competitive advantage and attraction to investors.

At the half way stage, this PEMADS has been 70% implemented. Highlights of this rapid implementation include sustainability initiatives, the implementation of environmental management systems, reactions to the challenges posed by climate change, our waste and effluents management strategy, the reduction of raw material consumption and energy efficiency and demand management plans. During 2006, its contents will be reviewed and expanded.

In Europe, in 2005 the French subsidiary, Snet, also approved its 2005-2007 Strategic Plan for the Environment and Sustainable Development, joining Endesa Italia, which approved it in 2004.

Latin American companies have followed the model established in the corporation, establishing a PEMADS for all distribution companies and a Sustainable Business Operating Plan (POSE) for all generating companies, pursuant to other corporate PEMADS guidelines.