Page 8 - EniFor2016_Report_eng

6 Eni for 2016

A responsible and sustainable

company approach

Eni’s business model targets to energy while combatting • a clear and well-defined
long-term value creation by climate change. This challenge decarbonization strategy;
delivering on profitability and is met with Eni’s adoption of • an operating model
growth, efficiency, operational an integrated strategy able that reduces social and
excellence and handling to combine financial stability environmental risks as well
operational risks of its with social and environmental as impacts;
businesses. Eni recognizes that sustainability. This strategy can • a host Country development
the main challenge in the energy be broken down into three key model based on long-lasting
sector is to maximize access levers: partnerships and cooperation.

STRATEGIC PILLARS
Transformation
Restructuring
KEY LEVERS Ecient and valuable growth

INTEGRATED RISK MANAGEMENT CREATION operating model FRAMEWORK OF STRINGENT AND CLEAR RULES OF GOVERNANCE

VALUE
path to decarbonization DISTINCTIVE ASSETS LONG-TERM STRATEGIC PILLARS cooperation model

The three key levers, covered in this report, rights, ethics and transparency, safeguarding the
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include: the fight against climate change through environment and development of communities.
the reduction of direct and indirect emissions, Eni’s distinctive assets are linked to economic,
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a hydrocarbons portfolio focused on gas, the financial, operational, environmental, technological,
development of renewables, the importance of human, social and relational aspects, and their
technological innovation, ensuring the safety of management, together with the strategic guidelines,
people who work in or for Eni, respect for human allow Eni to achieve its objectives.
5) These subjects mirror the results of the 2016 materiality analysis (see page 56).
6) More details are given on page 17 of the Integrated Annual Report 2016.