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Working together for a sustainable future

FOCUS ON

Working together for a sustainable future

Our positive impact on society through collaboration.

Climate change has consequences for everyone, in daily life. They affect our choices: about what we eat, how we travel, how we heat our homes. As an energy company we’re aware of playing a major role in fighting climate change. On 5 December 2018 during COP 24 in Katowice, we subscribed to the Katowice Declaration on Sound Carbon Accounting promoted by the International Emissions Trading Association (IETA). It has been signed by environmental organisations, emissions trading operators and major energy companies.

On 24 September in New York we set the first target for reducing Upstream activity methane emissions together with 12 other Oil and Gas Climate Initiative (OGCI) companies. We also signed a Memorandum of Understanding with the United Nations Development Programme (UNDP) and were recognised as Global Compact LEAD by the UN company sustainability initiative.

Energy companies need to look to the future, not just thinking about themselves, but saying: ‘We are a large company, we have resources, we have technology, we have brains and we have responsibilities’.

Claudio Descalzi, ‘Each of Us’

Our low-carbon future strategy also envisages the adoption of a sound, transparent and shared system for carbon emissions trading accounting. That’s why we’ve subscribed to the Katowice Declaration on Sound Carbon Accounting promoted by IETA at COP 24 and signed by environmental organisations, trading operators and international energy companies.

United for a clean future

Eni is part of the Oil and Gas Climate Initiative (OGCI) – a project founded in 2014 and headed by the chief executives of oil and gas companies that aims to respond to climate change with practical initiatives and investments in low-carbon technology. Today, the 13 members of the OGCI represent approximately 30 per cent of global oil and gas production and provide almost 20 per cent of the total global primary energy consumption.

At the United Nations General Assembly on 24 September 2018, we signed a Memorandum of Understanding with the United Nations Development Programme (UNDP) with the aim of achieving its Sustainable Development Goals – and particularly its target for providing access to energy by 2030.

Seeking sustainable development with the UN
Leading the way

We have been recognized as Global Compact LEAD by United Nations’ corporate sustainability initiative – an initiative launched by the United Nations Global Compact in 2011 featuring pioneering companies in economic, social and environmental corporate sustainability. The Global Compact encourages companies to align their actions and strategies with 10 principles in the fields of human rights, labour rights, the environment and the fight against corruption, and to work to achieve the UN’s Sustainable Development Goals.

EACH OF US

  • Strategy and shared values

    During the ‘Each of Us’ event at La Nuvola conference centre in Rome on 12 July, Eni’s Chief Executive Claudio Descalzi talked about the future of the planet, Eni and everyone on Earth. The challenge is to balance satisfying the growing global demand for energy with the need to reduce emissions.

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LOW CARBON

  • Our contribution to energy transition

    Our contribution to energy transition

    Decarbonization has a key role in our 2018-21 strategic plan. Since 2007, we have reduced our direct Upstream CO2 emissions by roughly 40 per cent and improved on all our performance indicators.

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DECARBONIZATION

  • An ambitious target: to be number one

    An ambitious target

    Our path to decarbonization has four main drivers, that concern both our core business activities and new energy perspectives. In the long-term we rely on the strength and resilience of our low-cost portfolio, where gas will play an increasing role.

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