Control and Risk Committee

It supports the Board of Director, with an adequate inquiry activity, in assessments and decisions related to the internal control and risk management system (SCIGR), as well as in those concerning the periodic financial reports approval. In particular, the Committee expresses its opinion to the BoD on the periodically assess on the adequacy and the effectiveness of the SCIGR and acts in accordance with structures, functions and bodies entrusted with the management and/or supervision of SCIGR. Moreover, the Committee expresses its opinion to the Board of Directors on the adoption and modification of procedures to ensure transparency and substantial and procedural fairness of the transactions with related parties and it is called upon to express its opinion on the interest of the Company in the completion of transactions with related parties, as well as on the convenience and substantial correctness of the underlying terms. For transactions with related parties of greater importance, the Committee is involved in the preparatory stage of these transactions.

Members

  • Alessandro Lorenzi, Chairman, independent

    He has been a Board Member in Eni since May 2011, elected from the list presented by Italian and Foreign institutional investors. He was born in Turin in 1948 and is founding partner of Tokos S.r.l, Director of Ersel SIM SpA and of Mutti SpA.

     

  • Andrea Gemma, independent

    He was born in Rome in 1973 and has been a Board Member in Eni since May 2014. He is Professor of Private Law at The Third University of Rome and was visiting professor at European Universities and at Villanova University. He is member of the strategic board of the American University of Rome. He is Appeal Court Lawyer. He is also Deputy Chairman of Serenissima SGR SpA and member of the Board of Directors of Banca UBAE SpA and of Global Capital PLC.

  • Karina A. Litvack, independent

    She has been a Board Member in Eni since May 2014, elected from the list presented by Italian and Foreign institutional investors. She was born in Montreal in 1962 and graduated in Political Economy from the University of Toronto.

  • Diva Moriani, independent

    She has been a Board Member in Eni since May 2014 elected from the list presented by the Economy and Finance Ministry. She was born in Arezzo in 1968 and graduated in Economics from the University of Florence.

     

Committees of the Board of Directors

from the Committees a report on the activities they have performed. The Control and Risk Committee The Control and Risk Committee comprises four non-executive directors, all independent in line with current [...] On 13 April 2017, the Board of Directors established the following internal Committees: Control and Risk Committee Remuneration Committee ...

25 January 2018 eni.com Section: company

FAQs Board of Directors

Directors appoints a Chief Executive Officer and delegates him all the powers for the administration of the Company with the exception of the powers that cannot be delegated pursuant to the current legislation and [...] Board of Director formed four internal Committees to provide advice and offer proposals: the Control and ...

6 April 2018 eni.com Section: enipedia

Meetings and operational procedures of the Board of Statutory Auditors

the Chairman of Statutory Auditors or other auditor designated by it participates to the Control and Risk Committee meetings; anyway other Statutory Auditors can also participate. Statutory Auditors: simultaneously [...] regard to certain issues, the entire Board of Statutory Auditors attended all 13 of the Control and Risk Committee meetings and ...

27 July 2017 eni.com Section: enipedia

Committees' meetings and activities in 2016

main topics discussed by the Committees during the year. Meetings and activities of the Control and Risk Committee in 2016 In 2016, the Committee met 13 times, with 100% of its members attending. The average [...] the basis of which it expressed its favourable opinion to the Board on the appropriateness ...

4 August 2017 eni.com Section: enipedia

Board of Directors

2017, the Board of Directors set up four internal advisory and consultative Committees: Control and Risk Committee Remuneration Committee (Compensation Committee until March 15, 2018) Nomination Committee

13 April 2017 eni.com Section: company

Responsible company

yearly report, with recommendations for modifications and updates to be presented to the Control and Risk Committee, the Board of Statutory Auditors, as well as the chairman and the chief executive of Eni,

23 May 2018 eni.com Section: Sustainability

Integrated Risk-Management

sustainability of the business in the medium-long term. The BoD, with the support of the Control and Risk Committee, outlines the guidelines for risk management, so as to ensure that the main corporate risks

9 May 2018 eni.com Section: investors

Audit firm

Auditors and the Board of Directors - following the issuance of a favorable opinion by the Control and Risk Committee - set out the general principles pertaining to: the granting and revocation of the engagement;

17 May 2017 eni.com Section: company

Code of Ethics

a report every six months on the implementation of the Code and any updating need to the Control and Risk Committee, to the Board of Statutory Auditors and to the Chairman and Chief Executive Officer ("CEO")

13 December 2017 eni.com Section: company

The Internal Control and Risk Management System

the Board of Directors, acting on a proposal from the CEO and after consultation with the Control and Risk Committee, approved the Market Abuse procedure (hereinafter also "MSG"), as required by the Corporate

13 December 2017 eni.com Section: company

Power activities

thermo-electric power stations located at Eni's main productive sites (Brindisi, Ferrara, Mantua, Ravenna and Ferrera Erbognone) and a co-generation plant in a Bolgiano, that provides power for the district

9 February 2018 eni.com Section: operations

By-laws

adopted for the composition and division of powers The By-laws describe the system of governance and set out the criteria adopted for the composition and division of powers attributed to the corporate bodies and

25 July 2016 eni.com Section: company

Concentrated solar power

costs. Concentrated thermodynamic solar power Energy efficiency and low investment costs. Versatile technology for producing electricity and heat Concentrated solar power (CSP) is a technology at once both [...] Unit, takes us on a trip around a CSP plant and reveals its secrets. How do CSP plants work? Solar power plants ...

15 May 2017 eni.com Section: Innovation

FAQs Remuneration

term of office, the Board of Directors determines the remuneration of the Directors with delegated powers or for participation in board committees, proposal of the Remuneration Committee and after consultation [...] Policy and of the Remuneration Report the proposals on the remuneration of Directors with delegated powers and for participation in ...

6 April 2018 eni.com Section: enipedia

Mexico: the power of exploration

Mexico: the power of exploration An excellent discovery among natural treasures. Mexico: the power of exploration An excellent discovery among natural treasures. A success story The first agreement between

20 February 2018 eni.com Section: operations

Eni and MIT together for fusion power

Eni and MIT together for fusion power Looking to the stars for clean, sustainable, and limitless energy. Eni and MIT together for fusion power Looking to the stars for clean, sustainable, and limitless [...] on a continuous basis for the power grid. A challenge that Eni intends to pursue with a ...

15 June 2018 eni.com Section: Innovation

Alessandro Lorenzi

Control of GFT Group (1989-1994) and Managing Director of GFT SpA, with ordinary and extraordinary powers over all operating activities (1994-1995). In 1995 he was appointed Chief Executive Officer of SCI

12 May 2016 eni.com Section: company

Eni’s activities in the Gas & Power segment

gas marketing Gas & Power: the long journey On ships or through pipelines, gas makes a long journey before being fed into the distribution network and reaching industries and homes. The cities of electricity

12 May 2016 eni.com Section: operations

Ordinary and Extraordinary Shareholders' Meeting May 8, 2014

and 80,000 euro pre-tax, respectively; to reduce the remuneration of the Directors with delegated powers pursuant to Article 23-bis, paragraph 5-quinquies, of Decree Law No. 201 of December 6, 2011, ratified [...] the remuneration which may be determined by the Board of Directors for the Directors with delegated powers must ...

9 May 2014 eni.com Section: enipedia

Generation of electricity and power sales in 2016

optimization of inflows and outflows of power. Power sales: 2016 key facts In 2016, power sales of 37.05 TWh were directed to the free market (74%), the Italian power exchange (15%), industrial sites (9%) [...] Generation of electricity and power sales in 2016 Generation of electricity and power sales in ...

9 August 2017 eni.com Section: enipedia