This sets out the main values that guide Eni’s actions. Everyone in Eni, along with those who work with us towards the same objectives, is bound to comply with the principles in the Code of Ethics.
Integrity and transparency are the principles that guide Eni’s action in formulating a management and control structure that is suited to its size, complexity and operating structure, in adopting an effective internal control and risk management system, and in communicating with shareholders and other stakeholders, also by reviewing and updating the information on its website.
These values are set forth in the Eni Code of Ethics, approved by the Board of Directors on March 14, 2008, which replaces the previous 1998 Code of Conduct. The Code of Ethics was updated on April 10, 2014 and lastly on November 23, 2017.
Directors, Statutory Auditors, management and all Eni’s employees, as well as those who operate in Italy or abroad to achieve Eni’s objectives, are required to uphold, in the context of their own functions and duties, the principles set out in the Code of Ethics.
The Code contains concrete rules of behaviour, so that the principles contained therein form a practical guide for corporate operations.
The Eni Code of Ethics was also implemented by Eni in Germany, namely by Eni Deutschland GmbH and Eni Schmiertechnik GmbH, and replaced with effect from 29.03.2018 the so-called "Organizational, Management and Control Model (Model 231)" of Eni Deutschland and Eni Schmiertechnik, of which the Code of Ethics was an integral part up to that point.