The evolution towards a circular economy model represents an opportunity for change that, while safeguarding natural capital, pursues sustainable development and is able to adapt and respond adequately to an ever more complex socio-economic-environmental context. Our objective is long-term sustainability, which can only be achieved through full efficiency from an economic, operational and environmental point of view. Our commitment to the United Nations Sustainable Development Goals and, in particular, our alignment with Goal 12 (ensuring sustainable production and consumption models), obliges us to search for continuous regeneration systems and to eliminate waste. Our research into sustainable product and process innovations for use on an industrial scale, shown by Eni’s patents, plays a key part in this.
We want to minimise the consumption of raw materials, water and energy. To achieve this, our circular strategy focuses on using sustainable raw materials (increasingly organic materials or waste materials from production processes). Also their reuse, recycling and recovery (through the recycling of raw materials from waste products and reuse of water and land, as well as waste management and recovery) and the extension of their useful life (by transforming unprofitable or discarded assets and giving them new life and a sustainable future).
To this end, the development of networks in the areas in which we operate is playing an increasingly central role in how we minimise and optimise the use of products, materials, water and energy. Analysing the ways in which we work will be fundamental to quickly identifying opportunities and requirements for technological innovation and new cultural models, both of which will help ensure long-lasting and sustainable development.
It is essential that our response is oriented towards a new paradigm of development that makes us move from linear to circular growth [in order] to reduce waste, transform waste and give new life to what already exists.
Eni is perfectly placed to adopt a circular economy model through its Downstream platform, thanks to its conversion plants, consolidated skills, technologies, innovative research and the geographical distribution of its assets. Our transformative thinking and circularity platform are foundations for change founded on long-term relationships with local stakeholders, being mindful of the different characteristics of their communities, and listening to and including them when it comes to evolving the new development model.
Eni’s circular transformation began Downstream with the refining sector. We were the first to convert a traditional refinery into a bio-refinery through the use of our proprietary technologies. Our transformation has also involved the waste-to-energy sector, thanks to proprietary waste-to-fuel technologies, and the chemical industry, in which we are studying and creating new processes and products – giving value to waste plastics by converting them into secondary raw materials.
This innovative approach takes advantage of the synergy between stakeholders, industrial symbioses and cultural evolution as a driver of change. It includes memoranda of understanding and co-operation agreements between various companies regarding the development of the circular economy in Italy, such as those signed in 2018 with AMA (Rome), Veritas (Venice), Hera (Modena) and AMAT (Taranto) regarding the collection of waste cooking oils and supply of biodiesel.
To further support the decarbonization process, Eni has signed an agreement with Cassa Depositi e Prestiti SpA promoting the circular economy, decarbonization and sustainability initiatives in Italy. This includes the regeneration of industrial sites, as well as high-impact, socio-economic and environmental initiatives within the energy sector in partner countries in support of the fight against climate change.
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