Technology, and proprietary technology in particular, is the foundation of our strategy and one of the pillars underpinning Eni's industrial model. Since 2014, we have progressively strengthened its role across all our businesses, from E&P to the development of new activities connected with the energy transition.
Today, technology and know-how are a key enabler in the execution of our five-year Plan. In our traditional activities, they strengthen the competitiveness of exploration and production by improving operational efficiency, resource identification and project optimisation. This gives us the flexibility we need to respond effectively to energy demand.
At the same time, technology is a fundamental driver of growth in our transition-related businesses, supporting the development of solutions such as renewables, biofuels, carbon capture and storage, and emerging low-carbon energy technologies such as fusion.
To this end, we have developed a distinctive business model, the satellite model, built around dedicated companies capable of attracting new capital. By unlocking the value of these entities, we can access new resources while maintaining financial efficiency and strengthening our balance sheet. Furthermore, by progressively scaling our activities, we are able to generate competitive returns for shareholders.
In this context, partnership with our stakeholders is essential to implementing new models and technologies successfully, and to engaging all parties in the transformation of the energy system.
The following infographic summarises the key business and financial KPIs.
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