Enel Chile's sustainability strategy aims to create value through sustainability metrics integrated into our investment decisions.

 

At Enel Chile, as part of the Enel Group, we have committed to specifically contribute to 4 of the 17 Sustainable Development Goals (SDGs). Our sustainable strategy and our integrated business model allow us to contribute to the achievement of the following SDGs:

• SDG 7 (Ensure access to affordable, reliable, sustainable and modern energy for all),
• SDG 9 (Build resilient infrastructure, promote sustainable industrialization and foster innovation),
• SDG 11 (Make cities and human settlements inclusive, safe, resilient and sustainable) and
• SDG 13 (Take urgent action to address climate change and its impacts).

Decarbonization of power generation: Thanks to our continued commitment to decarbonization, renewable energy generation has increased by 28% from 2022 levels and represents the majority of the 24.1 TWh of total energy generated in 2023.

We are the country's largest renewable energy player in the private sector with 8.5 GW of net installed capacity. In 2023, we add 0.6 GW of new renewable capacity built during the year.

This repositioning of our generation portfolio brings our share of zero-emission power generation to 74%.

 

 

Electrification of consumption: Our integrated offering approach allows us to supply electricity from renewable sources and integrated services to customers, supporting them in their climate ambitions, efficiency needs and reliable supply. Electrification is key to this and networks also play an important role in this process.

Network digitization: Our commitment to the quality, efficiency and reliability of our networks is reflected in the significant improvement in the System Interruption Average Duration Index (SAIDI), which has been reduced by around 16% in our networks since 2022. Network projects continue to focus on digitalization and resilience, with a total of 353 thousand telecontrol devices installed at the end of 2023.

Our dividend policy for 2023 contemplates the distribution to our shareholders of an amount equivalent to 50% of the profits for fiscal year 2023¹.

_{(1) Subject to approval by the 2024 Ordinary Shareholders' Meeting.}

Financial instruments linked to sustainability provide our debt holders with an idea of the direction our Enel Chile Group is taking in terms of our sustainability strategy by creating an explicit link between financial costs and climate risk. The percentage of sustainable financial instruments reached 23% by the end of 2023.

Enel Chile's credit profile supports our objectives related to the energy transition.