Utilities are subject to diverse risk categories as, for instance, market risks, credit risks, financial risks, regulatory risk, industrial and environmental risks. In order to reduce its risk exposure, Enel Group analyses and monitors risks in all the above mentioned areas. From an organizational point of view, Enel Group has recently constituted a Risk Management Department at Holding level, which is in charge of identifying, assessing and monitoring Group's risks with the aim of minimizing its exposure and impact at Holding, Division and Country level. Within the Risk Management Department of the Enel Group, Industrial and Environmental Risk Management Unit has developed and is now progressively implementing an integrated Risk Management framework that provides a quantitative measure of the industrial and environmental risk exposure of its assets and industrial activities worldwide.
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