Working with the OGCI, UNDP and Global Compact LEAD to tackle the problems facing our planet.
The consequences of climate change affect everyone's daily lives. They have an impact on our choices: what we eat, how we move around and how we heat our homes. As an energy company, we are aware that we have an important role to play in fighting climate change. On 24 September, in New York, along with the 12 other companies that are part of the Oil and Gas Climate Initiative (OGCI), we set the first target for reducing the intensity of methane emissions in Upstream operations, signed a Memorandum of Understanding with the United Nations Development Programme (UNDP) and we have been recognized as Global Compact LEAD by United Nations' corporate sustainability initiative.
Claudio Descalzi, ‘Each of Us’
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.
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.
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.Find out more
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.Find out more
Balancing the emissions we generate and the measures put in place to compensate for them is our target and will become our trademark; we’re convinced that David can beat Goliath. It’s a project that goes to the heart of our identity, based entirely on our values.Find out more