Impianto fotovoltaico

Integrating sustainability into our business model

For Eni, sustainability means contributing to a socially just energy transition that guarantees access to energy for everyone, while protecting the environment.

5 min read
5 min read

Moving towards a just transition to create long-term value

From the exploration, development and extraction of oil and natural gas, to the generation of electricity from cogeneration and renewable sources, traditional and biorefining and chemicals, and the development of circular economy processes: all of our operations reflect our business models based on operational excellencecarbon neutrality by 2050 and alliances for development. In turn, these three pillars are underpinned by the shared foundations of promoting internal competencies, the deployment of innovative technologies and the digitization process.

By applying this model, we create long-term value for all stakeholders and shareholders, contributing to a socially just energy transition.

This structure is perfectly summarised in our mission which outlines the direction of our long-term evolution and incorporates the 17 United Nations 2030 Agenda Sustainable Development Goals (SDGs).

Operational excellence

First of all, Eni business is constantly focused on operational excellence. This translates into an ongoing commitment to valuing people, safeguarding both the health and safety of people and asset integrity, protecting the environment, integrity and respect for human rights, resilience and diversification of activities and ensuring sound financial discipline. These elements allow the company to seize the opportunities related to the possible evolutions of the energy market and to continue on the path of transformation.

Carbon neutrality by 2050

Second, Eni’s business model envisages a decarbonization path towards carbon neutrality based on an approach oriented to emissions generated throughout the life cycle of energy products and on a set of actions that will lead to the total decarbonization of processes and products by 2050. This path, achieved through existing technologies, will allow Eni to totally reduce its carbon footprint, both in terms of net emissions and in terms of net carbon intensity.

Alliances for development

The third guideline refers to alliances for the promotion of development through the enhancement of the resources of the Countries where it operates, promoting access to electricity and promoting Local Development Programmes (LDPs) with a broad portfolio of initiatives in favour of communities. This distinctive approach, referred to as Dual Flag, is based on collaborations with other internationally recognized players in order to identify the needs of communities in line with the National Development Plans and the United Nations 2030 Agenda. Eni is also committed to creating job opportunities and transferring its knowhow and expertise to its local partners

desktop image
mobile image

Goals and targets to build a better future

Sustainability is part of every aspect of our business. This link is achieved by integrating the 17 Sustainable Development Goals of the UN 2030 Agenda into our mission. We have set targets to be achieved for each of them and incorporated them in the 2021-2024 Action Plan and the Long-term Strategic Plan to 2050.

Eni’s mission and the Sustainable Development Goals

Eni’s mission expressly represents the transformation path taken by the company to play a defining role in the global “just transition” process towards a low carbon future. Select a goal below to read more.

PDF 1.91 MB

The same values, past and present

Dialogue, respect, co-operation: these are some of the values that have sustained us in the past, and that we still hold today.

Sustainability governance

The central role played by Eni’s Board of Directors in the management of the main issues relating to climate change, sustainability and corporate debate on strategic issues is evidence of sound, cutting-edge governance. They are supported by specific Committees and the Advisory board, which includes some of the leading international experts in the energy sector.

Go to Eni's governance

Integrating sustainability into our business model
Integrating sustainability into our business model

Stakeholder engagement

Relationships with our stakeholders, listening to and sharing decisions with the people in our host Countries are fundamental for Eni: knowledge of their point of view and expectations are the foundations of our commitment to building transparent and lasting relationships based on mutual trust.

Find out about our relationships with our stakeholders

Integrated Reporting

The long-term strategies of our business are outlined in our reporting system.

Go to the sustainability reporting system

PDF 25.75 MB
PDF 17.11 MB
PDF 2.48 MB
PDF 6.23 MB
PDF 7.50 MB