MASHINIi

Enlight Renewable Energy Ltd..

ENLT.US | Electric power generation, transmission and distribution

Enlight Renewable Energy Ltd. is a global independent power producer that develops, owns, and operates renewable energy generation projects. The company focuses on solar, wind, and energy storage technologies. Enlight originates, develops, constructs, finances, owns, and operates utility-scale renew...Show More

Ethical Profile

Mixed.

Enlight Renewable Energy (ENLT.US) shows a mixed ethical profile. The company demonstrates a strong commitment to environmental protection, avoiding 1,537,994 tCO₂e in 2024 and investing $7.3M in environmental measures. It holds a low ESG risk rating of 14.3 from Sustainalytics and a Platinum Maale ESG rating. Regarding worker respect, Enlight reported a 1.08% gender pay gap in Israel in 2022, but critics point to a CEO to median pay ratio of 9.28. Five construction workers were injured in 2021-2022. While implementing bird and bat protection, 18 incidents involving vulnerable species were reported in 2023. The company's core business avoids war or weapons, with a robust Trade Controls Compliance Policy.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect30
-100100
Fair Trade & Ethical Sourcing-30
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-30
-100100
Respect for Cultures & Communities30
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess Enlight Renewable Energy Ltd. on Better Health for All.

Fair Money & Economic Opportunity

0

No evidence available to assess Enlight Renewable Energy Ltd. on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

30

The CEO's total compensation to median employee pay ratio was 9.28:1.

1
The gender pay gap in Israel for 2022 was 1.08%, meaning women earned 98.92% of men's pay.
2
Employee engagement survey participation was 85% in 2022.
3
Employee retention was 91% in 2022, indicating a voluntary turnover rate of 9%.
4
The company reported five construction worker injuries in 2021 and 2022, with zero fatalities.
5

Fair Trade & Ethical Sourcing

-30

Enlight Renewable Energy conducts yearly site visits and audits for manufacturing sites in China to verify environmental, social, and safety standards.

1
The company reported zero ethical issues and zero corruption events in 2023, and no complaints through its whistleblower hotline in 2021, 2022, or 2023.
2
In 2024, two ethics-related complaints were addressed and resolved.
3
The company requires relevant suppliers to implement and maintain a supply chain traceability program to comply with the Uyghur Forced Labor Prevention Act.
4
A Vendor Code of Conduct, implemented in 2023 and integrated into supplier contracts, requires adherence to ISO9001, ISO14001, OHSAS18001, and TUV certificates.
5
Enlight conducts regular risk assessments and implements stringent checks against fraudulent activities in the supply chain.
6
The company engaged 70+ local businesses in Israel and 40+ local businesses in the US for projects in 2023.
7

Honest & Fair Business

0

No evidence available to assess Enlight Renewable Energy Ltd. on Honest & Fair Business.

Kind to Animals

0

Enlight Renewable Energy Ltd. is a renewable energy producer, and as such, the company has no animal-derived products, animal testing, or animal agriculture operations. Consequently, most KPIs related to these activities are not applicable. For wildlife conservation, the company invested $7.3 million in environmental protection in 2024, representing 1.93% of its $377.9 million revenue.

1
It undertakes habitat restoration in the US (2.8 sq km), relocates specific plant species, and implements bird and bat protection measures in wind farm projects, including radar technology, bat protection systems, and underground power lines.
2
The Radar-Assisted Shut Down On Demand (RASOD) system for bird collision avoidance at the Genesis Wind Farm is described as the most robust and extensive globally.
3
The company tracked 199 protected species and reported 4 harmed species in 2024.
4
In 2023, there were 18 incidents involving vulnerable species, with zero incidents since May 2023.
5
The company also invested €2.9 million in ecological management systems and adheres to IFC Performance Standard 6 and EBRD Performance Requirement 6.
6

No War, No Weapons

0

Enlight Renewable Energy Ltd. operates primarily in renewable energy generation and storage, with no evidence of involvement in arms manufacturing, military contracts, or dual-use technology development.

1
The company's 2024 Trade Controls Compliance Policy outlines compliance with U.S., EU/UK, and Israeli trade controls, including sanctions and export regulations.
2
It details procedures for screening potential partners and consulting legal counsel for any transactions involving sanctioned areas or persons, indicating an absolute prohibition on sanctioned-regime exports.
3

Planet-Friendly Business

-30

Enlight Renewable Energy Ltd. reported total Scope 1 and 2 greenhouse gas emissions of 339.82 tCO₂e in 2023, a 9.38% decrease from 375.03 tCO₂e in 2022.

1
The company avoided 1,410,672 tCO₂e in 2023, which is 4,149 times more than its direct operational emissions.
2
Water consumption in 2023 was 19,009,805 liters, resulting in 72.71 m³ per $1M revenue.
3
In 2024, 5.57 tons of waste were recycled out of 9.62 tons treated, indicating a 57.9% diversion rate.
4
The company spent $7.3 million on environmental protection measures during construction and operation in 2024.
5
Biodiversity efforts include monitoring 33 species of soaring birds in Israel, investing €2.9 million in 2024 for mitigation techniques to prevent bird strikes, and implementing a Radar-Assisted Shut Down On Demand (RASOD) system for griffon vultures at the Genesis Wind Farm.
6
The company reported 18 incidents involving vulnerable species in 2023, with zero incidents since May 2023.
7
The company supports communities affected by conflict through donations of NIS 500,000 in 2023 and volunteer activities.
8

Respect for Cultures & Communities

30

Enlight has 17 projects in Israel where communities are equity partners and 31 projects where local communities are landowners, indicating over 20 formal partnerships.

1
In 2024, the company paid NIS 378.3 million in local taxes,
2
NIS 18.6 million in rent to community landowners,
3
and NIS 2.6 million in social contributions.
4
With 2024 revenues of $377.9 million (approximately NIS 1.4 billion),
5
this represents over 7% of revenue reinvested locally. The Genesis Wind Farm achieved a 100% local labor rate,
6
with 60% from minority communities.
7
Grievance mechanisms are available at the Kovacica Wind Farm in Serbia,
8
Selac Wind Farm in Kosovo,
9
and through a 24/7 whistleblower hotline and webform.
10
The company commits to acknowledging grievances within 5 business days and responding within 20 business days at its Kovacica Wind Farm.
11
Local communities are included in project-related decision-making processes,
12
and 57.5% of projects in Israel have communities as equity partners.
13
The company prioritizes local workers and contractors,
14
engaging over 70 local businesses in Israel
15
and over 40 in the US.
16
Enlight buried all electrical cables for the Genesis Wind Farm's 27 km power line through the Yehudiya Nature Reserve to mitigate habitat damage.
17
The company involves local communities as shareholders to cultivate a sense of ownership.
18
In 2021 and 2022, Enlight donated a total of $450,446,
19
with an annual contribution set at 0.5%-1% of profit before tax,
20
and a minimum of NIS 500,000 per year.
21
In 2024, 20% of the philanthropic budget was allocated to employee-chosen organizations.
22
At Genesis Wind Farm, no fewer than four different languages were spoken on site.
23
Employees will receive education, training, and communications related to human rights topics,
24
but no completion percentage for cultural sensitivity training is provided.

Safe & Smart Tech

0

No evidence available to assess Enlight Renewable Energy Ltd. on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

Enlight Renewable Energy Ltd. states a focus on minimizing construction waste and maximizing component lifespan.

1
The company's sustainability procurement policy encourages suppliers to adopt sustainable practices, including waste reduction and pollution prevention, and prioritizes products and services with lower environmental impact, such as recyclable materials.
2
However, the provided articles do not contain specific quantitative data or concrete evidence for any of the defined KPIs related to Zero Waste & Sustainable Products, such as waste diversion rates, product recyclability percentages, packaging sustainability, recycled content, single-use plastic reduction, take-back program coverage, circular design principles, hazardous waste management, product durability, repairability scores, waste audit frequency, zero-waste certifications, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets with specific timelines, or the scope and verification of supplier waste requirements.
3
Therefore, no KPIs can be scored based on the evidence.

Own Enlight Renewable Energy Ltd.?

Upload your portfolio and see how all your holdings score across 11 ethical dimensions.

Audit My Portfolio

AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.