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Eni’s international partnerships in the fight against Climate Change

We work with the academic community, civil society, institutions and businesses to research specific solutions for sustainable development.

by Eni Staff
05 February 2020
4 min read
byEni Staff
05 February 2020
4 min read

The importance of partnerships

Partnerships are essential for Eni to achieve its energy transition objectives. We collaborate with the academic community, civil society, institutions and businesses to find concrete environmental solutions for sustainable development. 

Oil and Gas Climate Initiative

Eni is one of five companies that founded the Oil and Gas Climate Initiative (OGCI) in 2015. Its aim is to encourage action and promote investment to mitigate GHG emissions from the oil and gas sector, as well as to explore new business and technologies. The OGCI is investing more than one billion dollars in low-carbon technologies over the course of 10 years through its climate investment fund. On 23 September 2019, in New York, OCGI member companies launched the KickStarter initiative to promote the large-scale worldwide commercialisation of CCUS (carbon capture, use and storage) technology. The OGCI continues to progress towards its target to reduce the intensity of collective methane emissions from Upstream oil and gas aggregates, from 0.32 per cent in 2017 to 0.25 per cent by 2025.

Climate & Clean Air Coalition’s Oil & Gas Methane Partnership (CCAC OGMP)

This public-private partnership is coordinated by the United Nations Environment Programme (UNEP) and the United States Environmental Protection Agency (EPA). It focuses on reducing methane emissions along the oil and gas supply chain through voluntary commitment to implement projects that monitor, reduce and report major sources of methane. 

Global Gas Flaring Reduction Partnership (GGFR)

This public-private partnership, led by the World Bank, aims to reduce gas flaring on a global scale with the launch of its Zero Routine Flaring initative, which commits its endorsers to a net-zero output of gas caused by routine flaring.   

Transparency in emissions trading

Eni subscribes to the Katowice Declaration on Sound Carbon Accounting, promoted by the International Emissions Trading Association (IETA), which calls for the introduction of a unified, reliable and transparent system for counting carbon emissions trading between countries, companies, organisations and communities as part of the Paris Agreement on climate change. The declaration was signed in December 2018 at COP24 in Katowice, Poland, by a wide range of environmental organisations, large-emissions trading operators and major international energy companies. Its aim is to consolidate, reinforce and extend the emissions trading system and avoid double counting caused by an absence of secure, shared accounting practice.

International Emissions Trading Association

The International Emissions Trading Association (IETA) is the main association supporting businesses that implement market-based trading schemes for GHG emissions in line with the objectives of the United Nations Framework Convention on Climate Change (UNFCCC).

Methane Guiding Principles

This initative brings together some of the industry’s main stakeholders with the aim of reducing methane emissions along the oil and gas supply chain.    

Task Force on Climate-related Financial Disclosures

This Task Force, launched by the Financial Stability Board, aims to provide recommendations and establish guidelines to improve the quality of companies’ financial disclosures in matters relating to climate change.

IPIECA

IPIECA is the oil and gas industry’s main association active on key environmental and social issues. 

World Business Council for Sustainable Development

The World Business Council for Sustainable Development is a global association of companies that are active in areas of sustainability. 

Massachusetts Institute of Technology and Commonwealth Fusion Systems

This collaboration between the Massachusetts Institute of Technology (MIT) and Commonwealth Fusion Systems focuses on the industrial development of technologies for energy production from nuclear fusion. 

The Carbon Pricing Leadership Coalition (CPLC)

This private-public partnership promotes the use of carbon pricing on a global scale. 

Italian Circular Economy Stakeholder Platform (ICESP)

This is the Italian National Agency for New Technologies, Energy and the Environment (ENEA)’s platform for combining initiatives, experiences, analyses and perspectives on the circular economy. Its aim is to promote the circular economy in Italy through specific, dedicated strategies.

Increased efficiency and reduction of GHG emissions

PDF 435.05 KB 03 September 2019 CEST 00:00
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