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                                                                                   Eni for 2016






                 climate change strategy. Together   inland market while also investing   This process was launched with
                 with other important companies   in sectors that are distant from   a special meeting in which I
                 in the industry, Eni was one of   our core business, such as power   myself, together with the whole
                 the five founding companies of   stations, to provide access   managerial line, have been face
                 the Oil and Gas Climate Initiative   to energy and thus, we reduce   to face with experts of the most
                 (OGCI) which now counts 10    today’s profit for the sake    influential organisations, including
                 companies. This initiative is meant   of tomorrow’s value. In our   the Danish Institute for Human
                 to accelerate the development   cooperation with the Countries   Rights and Business, the University
                 of low emissions technologies.   in which we operate, we have   of Notre Dame and IPIECA.
                 In this regards, in 2016 we have   developed important access to
                 contributed to the constitution   energy projects at infrastructural   Our way of operating, which
                 of the OGCI Climate Investment,   level, such as the construction   distinctly defines Eni’s identity, is
                 a corporate vehicle through which   and rehabilitation of electric grids   well represented and synthesized
                 1 billion dollars will be invested   and power stations and with gas   by our new “mission”, which
                 in the course of 10 years for   production, primarily for local   has at its core, the people, the
                 the development of low carbon   markets to feed the Countries’   passion they invest every day in
                 technologies.                 power stations. A concrete     the most complex and remote
                                               demonstration of how we operate   operations, their competence and
                 2. To make access to new energy   is represented, for example, by   professionalism, their capacity to
                 resources more efficient and   what we have done in the Congo   put themselves at stake, their will
                 minimize risks throughout the   and Nigeria where we have    power.  But it is not just that. Our
                 whole production cycle, we    invested 2 billion $, respectively   mission also recognises the value
                 conduct our business using an   providing about 60% and 20%   of diversity, a diversity that is in
                 operating model of excellence   of the electricity of these two   itself a resource, whether it’s about
                 aimed at safeguarding people   Countries. Today, in Sub-Saharan   the Country, nationality, gender,
                 and assets, respecting the    Africa we provide electricity to   culture, religion or belief. These are
                 environment, engaging in research   18 million people. This Model will   differences that enrich us, thanks
                 and development. Thanks to this   soon be repeated in Angola and   to which people are able to grow
                 model, over the last three years,   Ghana, where we have already   together, in mutual respect and
                 we have been the top performer   launched the Offshore Cape   inclusion, and that lead to solid
                 in the reduction of the injury   Three Points (OCTP), as well as   long-term partnership with the
                 rate. We registered TRIR (Total   in Mozambique. Furthermore,   communities that host us. It is
                 Recordable Injury Rate) values for   we’re also continuing activities   precisely the local communities
                 both employees and contractors   to support local development,   that are our main reference,
                 that were significantly lower   such as the on and off-grid   because growing together is the
                 than the peer average. In 2016,   electrification for villages in the   only way to be recognised as a
                 we reduced our TRIR by 20.8%   Delta State in Nigeria or actions   credible partner.
                 compared with 2015, reaching a   to promote local entrepreneurship,
                 level of 0.35. We aim to reach zero   economic diversification, access   Our goal is to build this
                 injuries and we invest in training   to drinking water and community   development for everyone,
                 to spread our safety culture.   health and education.        because the future of others
                                               In Italy, we were the first Italian   is also our future. Such is our
                 3. Finally, our Cooperation Model   Company to sign a Memorandum   contribution to the common good
                 has been finalised to support   of Understanding on school-work   and these are the aspects that
                 local development, to minimise   alternation projects. Training and   will be examined in depth in this
                 socio-economic gaps and to    education is the starting point of   publication.
                 engage all the stakeholders.   every kind of growth.
                 This is why our way of working
                 aims at filling the gaps of local   This approach has its roots, before
                 development and developing    anything else, in the respect of
                 local resources for local growth.   human rights. In 2016, we have
                 In the territories where we are   reinforced our commitment in
                 present we do not simply invest   this field, by launching an internal
                 in the oil and gas production   awareness-raising pathway           Claudio Descalzi
                 for export but most of all for the   that will involve all Eni people.   Chief Executive Officer
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