ENDESA (NYSE:ELE): -- The company was ranked first among electricity companies in the world and in Europe by the Dow Jones Sustainability World and Dow Jones Sustainability Stoxx indices, respectively, for its sustainable performance. -- This is the sixth consecutive year ENDESA has been included in these indices, considered the global benchmarks in sustainability development. -- ENDESA's highest marks this year include came in codes of conduct, customer relations, environmental policy, climate change strategy, workplace health and safety, and social initiatives. ENDESA (NYSE:ELE) has been rated the leading electric utility in Europe and the world for its commitment to the environment, according to the figures published today by the prestigious Dow Jones Sustainability World and Dow Jones Sustainability Stoxx indices, respectively. These indices, regarded as global benchmarks for sustainability issues, select the leading companies in different industries that stand out for their commitment to making sustainable development one of the cornerstones of their business strategy. Specifically, the Dow Jones Sustainability World Index includes just 10% of the 2,500 companies that make up the Dow Jones Global Stock Index and nine of its 74 electric utilities. ENDESA has been selected by these indices every year since 2001 for its sustainable behaviour. The Dow Jones Sustainability World Index assesses the selected companies by taking into account 22 factors that reflect their economic, environmental and social dimension. In the report published today ENDESA is the leading global electric utility, achieving ratings of more than 90% in seven of the factors analysed and exceeding the sector average in all. The areas in which ENDESA has achieved its highest ratings include codes of conduct, customer relations, environmental policy, climate change strategy, workplace health and safety, and social initiatives. Highlights The following are some of the most significant initiatives reported by the Company in 2005 in relation to each of the factors that have been highly rated by the index: -- In the area of codes of conduct, the introduction of the ethics channel on the corporate website and the webs of each of its subsidiaries, which also joined the United Nations Global Compact. This promotes the adoption of 10 basic universal principles in the areas of human rights, labour regulations, the environment and ethical corporate behaviour. -- In customer relations, the 23% improvement in service quality in Spain and 8% improvement in its Latin American markets, the development of energy efficiency campaigns, and supply activities, making ENDESA the first Spanish electric utility to attain more than one million customers in the deregulated market. -- In relation to its environment policy, 87% of the electricity produced by the Company in Spain in 2005, 100% in Italy and 91% in Latin America was certified under the ISO 14001 standard. ENDESA also drew up its Biodiversity Conservation Programme and made Euro 1.57 million in environmental investments. -- One of the most significant advances made by the Company in the latest Dow Jones rating was the 22% improvement in its climate change strategy compared with 2004. This is the second most important factor in these indices' rating. It should be pointed out that ENDESA presently boasts a broad portfolio of carbon credits derived from its Clean Development Mechanisms (CDM) at an average price of less than Euro 7.5/tonne. This portfolio consists of 71.5 million tonnes of CO2 covered by firm contracts (ERPA), 24.8 million tonnes of additional volume in projects covered by letters of intent (LOI) and projects under study amounting to 82.4 million tonnes of CO2. -- In workplace health and safety ENDESA achieved a 100% score in the Dow Jones rating. Among the highlights in this area in 2005 were the 14.2% overall reduction in its accident rate and the launch in Spain and Portugal of the Strategic Plan for the Prevention of Occupational Hazards (Praevenio Plan), which includes initiatives aimed at minimising accidents in general and accident-related absences through seven action programmes. -- Finally, ENDESA invested a total of Euro 25.4 million in 2005 in the social and economic development of the communities in which it operates. This money has been invested in initiatives aimed at meeting basic needs, education, culture and the social implications of the environment. * This document may contain certain forward-looking statements regarding anticipated financial and operating results and statistics that are subject to risks and uncertainties as well as to material risks, changes and other factors which may be difficult to predict, including, without limitation, those factors described in the Documento de Registro de Acciones of Endesa filed within the Comision Nacional del Mercado de Valores and in the Form 20-F of Endesa filed within the Securities and Exchange Commission, both for the fiscal year ended December 31, 2005. For all of these forward-looking statements, we claim the protection of the safe harbour for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
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