Energy companies such as Eni work closely with governments around the world and they often are our partners in big financial transactions. As such, we often make payments to governments in different countries to support administration, healthcare, education and social activities. Managing these payments properly contributes to realise “Peace, justice and strong institutions” – Sustainable Development Goal 16 on the UN 2030 Agenda. For these reasons, since 2015, we deemed important to voluntarily disclose these payments. Since 2017, we have been publishing a “Report on Payments to Governments” in line with European Directive 2013/34.
The criteria used to draw up the document are based on mainstream interpretations of national and international legislation. Our report covers payments for exploration, research, development and extraction of petroleum (including condensates) and natural gas. Payments for refining, liquefied natural gas (LNG), gas-to-liquids and other Downstream activities are excluded.
Since 2005, Eni has been signed up to the Extractive Industries Transparency Initiative (EITI), a global multi-stakeholder initiative promoting a responsible and transparent use of financial resources from the extraction sector.
In every member country, EITI is supported by a Multi-Stakeholder Group where the Government, extracting companies and civil society come together to carry out the Initiative’s aims. In the countries of operation, Eni plays an active role in supporting the Initiative and preparing its reports. It is also a member of local Multi-Stakeholder Groups. In Indonesia, Kazakhstan, Mexico, Mozambique and Nigeria Eni is following the work of the countries’ Multi-Stakeholder Groups by signing up to local industrial and/or business associations.