Page 14 - EniFor2016_Report_eng

12 Eni for 2016 | Path to decarbonization

Commitment to the Climate strategies and risk management.
Strategy, together with the results This opinion was confirmed by Eni is the only
achieved until now and the set the Transition Pathway Initiative , major Oil & Gas
12
targets, has enabled Eni which positioned Eni at the top
– the only major company in level for companies involved in company on
the Oil & Gas sector – to be the fight against climate change
included in the CDP’s “A List” , thanks to the integration of the CDP’s
11
which is the main reference climate strategy in its business
for stock markets to evaluate model. “A List” in 2016
climate change performances,

Climate

strategy

Eni’s path to decarbonization is based on the following 3 pillars:

˛ Reduction of ˛ Low carbon portfolio ˛ Commitment to
GHG emissions and gas promotion renewable energies

• Reduction of carbon intensity • Ever growing portfolio • Business plan for the
of the different businesses of natural gas reserves development of renewables
using energy efficiency • Portfolio of conventional • Biofuels and Green refinery
initiatives low-intensity CO projects • Green Chemistry
2
• Reduction in process flaring • Development of a strategy • R&D to develop new
• Reduction of fugitive methane for forestry carbon offsets technologies and applications
emissions and use of credits for renewables
• R&D to reduce emissions • R&D to promote natural gas

Commitment through partnerships in order to develop innovative solutions to deal with increasing energy
demands and the need to be responsible in the fight against climate change

11) Formerly the Carbon Disclosure Project.
12) Initiative promoted by the Church of England with the support of investors for over £2 trillion, which assesses a transition pathway for companies to follow
towards a low-carbon future. www.Ise.ac.uk/GranthamInstitute/tpi/