San Donato Milanese (Milan), 15 March 2021 - Eni obtained the "Gold" rating in the analysis carried out by EcoVadis, falling within the top 5% of companies with the highest score globally, in a further sign of the importance of Corporate Social Responsibility (CSR) in the company’s corporate strategy.
EcoVadis, which annually assesses the companys' sustainability performance, was founded in France in 2007 and represents one of the most widely used sustainability rating systems for suppliers, relying on a global network of more than 65,000 certified companies. EcoVadis analyses are based on internationally recognized standards, including the United Nations Global Compact, the Global Reporting Initiative and ISO 26000.
The score assigned to Eni is based on the policies, actions and results achieved by the company in 4 key areas for sustainability assessed by EcoVadis: Environment, Labor and Human Rights, Ethics, and Sustainable Procurement.
EcoVadis' recognition is the latest in a series of evaluations that confirm the centrality of sustainability for Eni.
The company has recently been evaluated as a leader by several international ESG ratings and benchmarks, including FTSE4Good, CDP, MSCI ESG, Sustainalytics ESG Risk, Bloomberg ES and V.E (formerly VigeoEiris).
Also, in January 2020, Eni committed to support the Stakeholder Capitalism Metrics, a set of environmental, social and governance (ESG) metrics and disclosures released by the World Economic Forum and its International Business Council (IBC) that measure the long-term enterprise value creation for all stakeholders. The metrics have been endorsed by a coalition of 61 global companies.
The company has leveraged on its business model built over the past 7 years to create a robust long-term strategy that will lead it to become a leader in the production and sale of decarbonized energy products, achieving carbon neutrality by 2050.