Page 58 - EniFor2016_Report_eng
P. 58

56                      Eni for 2016






                  Materiality


                  analysis






                 Materiality is the result of   short, medium and long term.  •  potential ESG risks identified
                 a process of identifying,      The materiality process is based   by internal risk assessment
                 evaluating and prioritizing    on the analysis of 3 lines:     analysis;
                 relevant sustainability issues   •  the CEO’s guidelines for   •  the evaluation of the main
                 that impact on the Company’s    preparing the four-year        issues raised by stakeholders
                 ability to create value over the   strategic plan;             on sustainability.



                   CEO Guidelines for the       Risk assessment              Key
                   2017-2020 Strategic Plan     results                      stakeholders


                   • Attention to workplace safety  • Political and social instability    • Governments
                   • Access to energy for local   in areas of presence       • Local communities
                    development projects        • Blow outs and other accidents    • Financial community
                   • Monitoring and assessment    in extraction plants       • Civil society organizations
                    of local content            • Negative impact on corporate   (NGOs, Associations, etc.)
                   • Fighting climate change     image in matters of compliance
                   • Supporting employee         and anti-corruption
                    volunteering initiatives    • Disputes in environmental   Main
                   • Culture of integrity        and health matters linked to   issues
                   • Respect for human rights    reclamation activities
                   • Equal opportunities for people  • Climate change
                                                • Negative perception by local    • Environmental performance
                                                 and international stakeholders
                                                                             • Creation and dissemination
                                                                              of value
                                                                             • Management of social impacts
                                                                             • Transparency and disclosure





                        The combination of results from the three previous evaluations help to identify
                                           the following priority issues for 2016:




                 Integrity      People’s safety   Human rights   Fighting climate  Local   Technological
                 in business    and asset     and equal      change and    development/   innovation
                 management     integrity     opportunities   reduction of   local content
                 (transparency,               for everyone   impacts 39
                 anti-corruption)













                 39) Fighting climate change includes the reduction of GHG emissions, energy efficiency and renewables; the reduction of environmental impacts involves
                 protecting water resources, biodiversity and reducing oil spills.
   53   54   55   56   57   58   59   60   61   62   63