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Our reporting system: keeping everyone updated on the world of Eni

The main goal of Eni's reporting system is to establish a dialogue with our stakeholders by proactively talking about our unique points, values, challenges and strategies, as well as fulfilling legal obligations to provide information.

Stronger relationships with stakeholders every year

Our reporting on sustainability explains the strategic side of the three keystones of our company culture and business model: long-term carbon neutrality, our operating methods and alliances for local development. We want to assess and measure the concrete results of our commitment to the countries we work in, so that we can keep doing better. That is why, back in 2006, Eni began publishing a yearly report on its sustainability. Over the years, our reporting system has only got better.

In 2010, Eni began transforming the information it provided on its management, in the Integrated Annual Report, part of the company's integrated financial statement, which is key to the reporting system. In keeping with this transformation, in 2017 Eni decided to include within its Integrated Annual Report1 a “Consolidated Non-Financial Report” pursuant to Legislative Decree no. 254/2016, summarising the key information on sustainability. Detailed information can be found in other Eni reporting, like for example the voluntary Sustainability Report, "Eni For", which we still publish every year to present our approach to sustainability through concrete cases and interviews with the people who work with us. The last report, “Eni for 2019”, consisted not only of the main document, but also of a special “Long-term carbon neutrality” document (drawn up on the basis of the Financial Stability Board's Task Force on Climate-related Financial Disclosure, TCFD) and an annex on sustainability at Eni in the last three years.

To these reports was added the Report on respect for human rights, which outlines Eni's strategy on promoting and respecting human rights and describes the main activities, performance indicators, and Local reports to present an integrated picture of Eni's activities in different businesses in various places, such as, for example, the Local reports on Gela and Ravenna.

Strict in our goals, flexible in our priorities

Materiality is the principle on which companies should draw up their reports, providing information on what has a concrete effect on their ability to create long-term value. Eni defines material sustainability topics based on a process of identifying all the relevant themes, then prioritising them, taking into consideration analyses of scenarios, the results of risk assessment and  stakeholders expectations.

The themes identified and prioritised depending on the various business lines, are the basis for the four-year Strategic Plan and non-financial reporting.

Eni's material sustainability topics

Operational excellence model Carbon neutrality in the long term Alliances for local development

People
Employment, Diversity and Inclusion, Training, Health protection of workers and communities

Fight against climate change
GHG emissions, promotion of natural gas, renewables, biofuels and green chemistry

Access to energy

Safety
People's safety and asset integrity

 

Local development through public-private partnerships
Economic diversification, Education and Training, Access to water and sanitation, Health

Reduction of environmental impacts
Water resources, biodiversity and oil spill

 

Local content

Human rights
Workers' and local communities' rights, Supply chain and Security

   

Integrity in business management
Transparency and Anti-corruption

   

GRI Content Index and sustainability certification

The Global Reporting Initiative (GRI) is the international body created to support organisations in reporting sustainability performance. From our very first Sustainability Report, we have signed up to the GRI, and in 2017 we adopted the new GRI Sustainability Reporting Standards for our new sustainability reporting system. Always in line with the objective of strengthening our credibility heritage, based on the transparency and measurability of our results, the documents and our performances are subject to review by the auditing firm PricewaterhouseCoopers.

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2015-2019 ESG data

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Notes

1) The Management Report included in the 2018 Integrated Annual Report comprises Eni's integrated financial statement, drawn up on the principles of the International Framework, published by the International Integrated Reporting Council (IIRC). This report aims to illustrate financial performance and sustainability, highlighting the connections between the competitive environment, the Group's strategy, the business model, integrated risk management and the adoption of a rigorous system of corporate governance.