- SUSTAINABILITY
San Donato Milanese (Milan), 12 May 2021 – Today, Eni releases Eni for 2020, its 15th voluntary sustainability report, which illustrates Eni’s concrete contribution to a just transition, building on the company's path towards carbon neutrality by 2050.
“Eni for shows our commitment to a socially fair and inclusive energy transition that ensures access to energy for all while protecting the environment,” said Claudio Descalzi, Eni’s Chief Executive Officer. “In the last years, we have set our strategy on an evolution of our business model that is strongly focused on long-term value creation for all our stakeholders, tracing the path to carbon neutrality by 2050. By pursuing this vision, we have strengthened our partnerships with international organizations and development agencies which constitute an effective tool to mobilize resources that are not exclusively economic and to support the growth of our host countries”, Descalzi added.
As an integrated energy company, Eni works in 68 countries, giving substance to its Mission, which is inspired by the 17 United Nations Sustainable Development Goals (SDGs), to respond to universal challenges in an increasingly demanding context, also in view of the health emergency that began in 2020.
Eni for explains Eni’s initiatives undertaken on this path over the last year. The report, which is reviewed by PwC, is composed by three volumes, Eni for a Just Transition; an in-depth analysis on the path towards Carbon Neutrality by 2050, in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD); and one dedicated to Sustainability Performance over the last five years.
Eni for Carbon Neutrality by 2050 describes Eni’s pathway towards net zero GHG Scope 1, 2 and 3 emissions, in line with the Paris Agreement’s highest ambition to keep global warming within the 1.5°C threshold. The decarbonisation of the company's energy products and operations will be achieved through existing activities and technologies. They will lead to a doubling of bio-refining capacity over the next four years; an increase in the production and marketing of biomethane and hydrogen; and a growth in renewable energy capacity to 60 GW by 2050, as well as the development of initiatives and systems for the storage and use of CO2.
From this perspective, Eni has continued developing innovative systems for the exploitation of CO2, such as mineralisation technologies. Furthermore, Eni is engaged in research and development activities with leading Italian and international technical and scientific partners to develop access to clean, safe and unlimited energy sources such as the transformation of wave energy into electricity and magnetic confinement fusion.
Eni for a Just Transition reports on the strengthening of the company's commitment to respecting and promoting human rights, in line with the United Nations Guiding Principles on Business and Human Rights (UNGPs) and the 10 principles of the Global Compact LEAD. In 2020, Eni, among other things, adopted a new Code of Ethics and a new Supplier Code of Conduct; assigned a human rights objective to 100% of the CEO's first reports; provided 33,112 hours of specific training on the subject; included human rights clauses in 97% of security contracts and assessed 100% of suppliers according to social criteria. The robustness of the path undertaken has been confirmed by the result in the Corporate Human Rights Benchmark, in which Eni ranked first (ex aequo) among about 200 companies.
The report includes data and stories on local community development initiatives undertaken in partnership with international organisations and civil society to support education in Mexico, women empowerment in Angola and entrepreneurs’ training in Ghana.
Eni for A Just Transition also includes a thematic chapter on sustainable finance, as a further sign of its relevance in Eni’s strategy. Indeed, during 2020, the company continued consolidating its commitment in this area, obtaining important recognitions from the main ESG indices to measure environmental, social and governance performance.
Eni for Sustainability Performance illustrates the Group's non-financial performance, highlighting Key Performance Indicators (KPIs) for the five-year period 2016-2020 along with the three levers of Eni's integrated business model.
Useful links:
Eni for 2020 - A Just Transition
Eni for 2020 - Carbon neutrality by 2050
Eni for 2020 - Sustainability performance
Eni for 2020 – Executive summary
Background notes
Eni.com is a digitally designed platform that offers an immediate overview of Eni's activities. It addresses everyone, recounting in a transparent and accessible way the values, commitment and perspectives of a global technology company for the energy transition.
Discover our missionIf you want to change topic, clear the chat and make a new query to receive more relevant results.
This will delete the question history.
If you want to change topic, clear the chat and make a new query to receive more relevant results. This will delete the question history.
Here you can find the full list of your queries.
The answers are generated by artificial intelligence, therefore they may contain inaccuracies. Please read the terms and conditions of use.
EnergIA is an innovative tool based on artificial intelligence capabilities, which can help you navigate the contents of eni.com, quickly finding answers to your questions. EnergIA can also perform a search on a specific topic, providing the most up-to-date data available, or it can invite you to delve deeper into a topic of your interest by suggesting links and specific readings. Start now!
EnergIA is an innovative tool based on artificial intelligence capabilities, which can help you navigate the contents of eni.com, quickly finding answers to your questions. Start now!
EnergIA (ener'dʒia) is a system based on Generative Artificial Intelligence.
Thanks to this technology, we can respond to your requests by querying the most relevant content and documents available on eni.com. (Note: financial documents from the last 12 months and press releases from the last 2 years are considered.)
Through EnergIA, you can delve into topics of interest and have a real-time window into the world of Eni.
If you wish to search for a specific document, press release or news, use the traditional search engine via the magnifying glass icon.
Like all systems that leverage Generative Artificial Intelligence, EnergIA may generate inaccurate or outdated responses. Always consult the sources that EnergIA proposes as the origin of the generated information.
If the system fails to find an exact match for the requested content, it still tends to provide a response.
If you find any inaccuracies in the provided response, please send us your feedback at the bottom of the page: it will be very helpful for us to improve.
Remember that the content generated by the system does not represent Eni’s official position. We therefore invite stakeholders to refer to their designated contacts for official statements: Press Office for journalists, Investor Relations for analysts and investors, Company Secretariat for shareholders etc..
EnergIA can understand questions posed in almost all languages, but we prefer to provide you with a response in English or Italian, the two languages available on eni.com. If you ask a question in Italian, the content on the site in Italian will be consulted. If you ask it in English or any other language, the content in English will be consulted. (Note: the language Eni uses for financial documents/content is predominantly English.)
If questions are formulated that violate the set security criteria, the system will not proceed with processing the response. Please remember not to send personal data.
By using this service, the users acknowledge that they have read and accepted the terms and conditions of use.
Search
EnergIA (ener'dʒia) is a system based on Generative Artificial Intelligence.
Thanks to this technology, we can respond to your requests by querying the most relevant content and documents available on eni.com. (Note: financial documents from the last 12 months and press releases from the last 2 years are considered.)
Through EnergIA, you can delve into topics of interest and have a real-time window into the world of Eni.
If you wish to search for a specific document, press release or news, use the traditional search engine via the magnifying glass icon.
Like all systems that leverage Generative Artificial Intelligence, EnergIA may generate inaccurate or outdated responses. Always consult the sources that EnergIA proposes as the origin of the generated information.
If the system fails to find an exact match for the requested content, it still tends to provide a response.
If you find any inaccuracies in the provided response, please send us your feedback at the bottom of the page: it will be very helpful for us to improve.
Remember that the content generated by the system does not represent Eni’s official position. We therefore invite stakeholders to refer to their designated contacts for official statements: Press Office for journalists, Investor Relations for analysts and investors, Company Secretariat for shareholders etc..
EnergIA can understand questions posed in almost all languages, but we prefer to provide you with a response in English or Italian, the two languages available on eni.com. If you ask a question in Italian, the content on the site in Italian will be consulted. If you ask it in English or any other language, the content in English will be consulted. (Note: the language Eni uses for financial documents/content is predominantly English.)
If questions are formulated that violate the set security criteria, the system will not proceed with processing the response. Please remember not to send personal data.
By using this service, the users acknowledge that they have read and accepted the terms and conditions of use.
A new window into Eni’s world, at your disposal. EnergIA is an innovative tool based on artificial intelligence capabilities, which can help you navigate the contents of eni.com, quickly finding answers to your questions.