Fight against Corruption

Eni does not just expressly prohibit any corrupt practices but also any illegal favours or collusive conduct of any type within its structure, as outlined in the Code of Ethics.

Both in Italy and abroad, Eni has adopted a specific Organisational, Management and Control Model (Model 231) in application of this principle and in line with Italian law (Legislative Decree 231 of 2001) and with the highest international standards, including the OECD Convention on the fight against the corruption of foreign public officials in international financial operations and the Business Principles for Countering Bribery  by Transparency International. Model 231 includes control standards and measures for the prevention of corruption, including the separation of the roles of executor, approver and controller, the existence of company regulations governing operations, adequate regulations governing the power of signature and internal authorising power and the traceability of operations.

The model also establishes the obligation to include a specific clause covering this subject in all contracts with individuals outside of the company.
In 2007, a workshop was held to publicize the adoption of the Model by subsidiary companies both in Italy and abroad, while the training programme linked to this continued. During the year, 98% of the individuals holding positions within the company that in accordance with the Model are obliged to attend training courses (managers, unit heads and key officers) were trained.

When the Model was adopted a Watch Structure was also set up, entrusted with independent powers of initiative and control in all the areas currently covered by Model 231, that is offences against Public Officials and against public belief, corporate crimes, offences concerned with terrorism or the subversion of democracy, offences against individuals, market abuse and trans-national crimes.    Every Group company that has adopted Model 231 has a Control Body.

In 2007 the Eni Board of Directors integrated the Control Body of Eni SpA  with two outside, independent components with proven experience, to work with the head of Internal Audit , the Director of Legal Affairs and the head of the Eni Organisation.