Eni recognised by the CDP in the Climate A list of world leader for corporate action on climate change

San Donato Milanese (Milan), 25 October 2016 – Eni has been recognised by the CDP as a global leader for its actions and strategies in response to climate change. The CDP is an international not-for-profit organization, and an immediate reference point for investors, which specialises in the evaluation and measurement of environmental performance and strategy on climate change of listed companies. As a result it has been awarded a position on the Climate A List, which includes companies that have achieved the highest rating (A) following the independent evaluation of performance and strategies in response to climate change. Eni is the only oil & gas major that has achieved this recognition. Of the thousands of companies examined by CDP, only 9% of corporations participating in CDP’s climate change program are awarded a position on the Climate A List. CDP works on behalf of over 800 investors with assets of US$100 trillion.

Eni recognizes the importance of limiting the increase in global temperature to less than 2°C on the pre-industrial era and has established itself as a major contributor to the fostering and promoting the energy transition towards a low-carbon future.

Eni’s model is built on financial robustness as well as social and environmental sustainability, through competences and innovation, with an operating model that minimizes risk and social and environmental impact, and outlines a clear and defined path to decarbonisation.

A fundamental tenet of this strategy is the contribution that Eni offers to achieving its goals of minimizing the effects of climate change, pursuing a reduction of direct CO2 emissions, maintaining a portfolio of low emissions potential and low cost of production projects, promoting use of gas as a transitional source and the spread of renewable energy through operational projects in the countries in which it operates and through specific research and technological development programs.

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