Net Zero by 2050

By 2050, we aim to eliminate all emissions from our activities and products. To tackle this challenge, we continue to invest in technology, focusing on innovative sectors and expanding our alliances network.

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Our commitment to achieving carbon neutrality

Towards the Net Zero goal

To combat climate change everyone must play their part: as a global energy company, we have made a commitment to achieving carbon neutrality by 2050By that date, all our products and services will be fully decarbonized throughout their entire life cycle (Scope 1, 2, 3).

This strategy is implemented through an industrial transformation plan involving the entire company. The main elements are the progressive decarbonization of the upstream portfolio, the expansion of the bio, renewable and circular economy businesses, and the offer of new energy solutions. Our frame of reference is the Paris Agreement, with the shared goal of keeping global warming within 1.5°C.

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The steps of our path to decarbonization

long-term Strategic Plan until 2050
-40
net Scope 1+2 emissions by 2025 (vs. 2018)
long-term Strategic Plan until 2050
-35%
net Scope 1+2+3 emissions by 2030 (vs. 2018)
Zero net Scope 1+2+3 emissions by 2050
long-term Strategic Plan until 2050
Zero
routine flaring by 2025
long-term Strategic Plan until 2050
-55%
net Scope 1+2+3 emissions by 2035 (vs. 2018)
long-term Strategic Plan until 2050
-80%
net Scope 1+2+3 emissions by 2040 (vs. 2018)

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The energy transition requires a technological transformation

Innovation is the tool we have chosen to tackle the energy transition. It is a constant element in our history and the most effective response to the challenges facing the energy world. By bringing together the laboratories of our Research Centres, the HPC5 supercomputing infrastructure and the skills of our people, we develop proprietary technologies that, when applied on an industrial scale, allow us to increase efficiency, create new businesses and support the decarbonization process.

At the same time, we conduct scientific research on strategic topics, working over the long term to achieve revolutionary changes, such as those that will be made possible by magnetic confinement nuclear fusion. From new ideas and knowledge developed in cooperation with important scientific and industrial partners, we aim to generate the energy of tomorrow.

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Eni’s evolution

We have charted a transformation and growth path for each of our businesses between now and 2050, which will be implemented alongside the reduction of GHG emissions.

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We are a global energy company

Eni is active along the entire value chain, from the exploration, development and extraction of natural gas and oil activities, to the generation of electricity from cogeneration and renewable sources, including both traditional and bio-refining and chemistry, up to the development of circular economy processes. Our businesses extend to end markets where we sell gas, electricity and products to customers and local markets.  To absorb residual emissions, we are also implementing CO₂ capture and storage initiatives and Natural Climate Solutions projects (REDD+ initiatives).

The values guiding our choices

The values summarised in our Code of Ethics affirm who we are and what we believe in, guide our actions, shape our commitment and provide guidance for corporate governance.

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Eni worldwide

We are present in 62 countries with business projects and local development initiatives in line with the 17 Sustainable Development Goals (SDGs).

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Eni for 2022. Our company’s fundamental levers

The sustainability report contains goals, strategies, projects and results for a just and inclusive energy transition. Browse the interactive feature.