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

Directors of Eni are charged with the task of supporting the Board of Directors with consultative and advisory functions on matters of competence. The Board of Directors establishes from among its members one or [...] Governance Code, namely the Control and Risk Committee, the Compensation Committee and the Nomination Committee. The ...

27 April 2018 eni.com Section: company

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 [...] times in 2017. The average duration of the meetings was 3 hours and 24 minutes. On average 98% of the members ...

11 July 2018 eni.com Section: enipedia

FAQs Board of Directors

Article 17 of the By-Laws set that at least 1 Board member, if the Board members are no more than 5, or at least 3 Board members if the Board members are more than 5, shall have the independence requirements [...] Code, who appoints also the members and the Chairmen. Anyway ...

6 April 2018 eni.com Section: enipedia

Committees' meetings and activities in 2017

Reporting Officer, the Head of Internal Audit Department, the members of the Eni Watch Structure, and the members of the Board of Directors of Eni International BV; - began its activities for the designation [...] the "MSG Corporate Governance for Eni companies" and expressed its opinion on the criteria for designating the ...

11 July 2018 eni.com Section: enipedia

Committees' meetings and activities in 2016

issue of the appointment of members of the Eni Watch Structure, board of directors and board of statutory auditors of Versalis and the members of the board of directors of Eni International BV; completed [...] Committees during the year. Meetings and activities of the Control and Risk Committee in 2016 In ...

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

The Internal Control and Risk Management System

of persons with access to Eni inside information has been brought into line with the new legislation; Eni has also opted to create a "permanent" section of the list for the Eni personnel who meet the strictest [...] may undergo within Eni, introduces principles of conduct for preserving the confidentiality of ...

13 December 2017 eni.com Section: company

Responsible company

part of the business model. Eni invests in the development of infrastructure for the production and transport of gas for both export and local consumption. This has allowed Eni to reach new local markets [...] modifications and updates to be presented to the Control and Risk Committee, the Board of Statutory ...

23 May 2018 eni.com Section: Sustainability

Audit firm

SpA presented to Eni the following fees, totaling 20,346,714. Activities and fees of Eni SpA approved by the Shareholders' Meeting for the period 2010 - 2018 ACTIVITIES AND FEES OF ENI S.P.A. APPROVED BY [...] services provided by Eni to its public auditors EY SpA and its respective ...

17 May 2017 eni.com Section: company

Integrated Risk-Management

and risks associated with the cyclical nature of the oil and gas industry. Risk-management objectives Eni has developed and adopted a model for Integrated Risk Management (IRM) that aims to ensure the company [...] sustainability of the business in the medium-long term. The BoD, with the support of the Control and ...

9 May 2018 eni.com Section: investors

Code of Ethics

Integrity and transparency Eni was one of the first European companies to create a Business Conduct Code. The first version dates back to 1994. These values are set forth in the Eni Code of Ethics , approved [...] the Code and any updating need to the Control and Risk Committee, to the ...

13 December 2017 eni.com Section: company

Board of Statutory Auditors and profiles of its members

of Statutory Auditors. Eni's Board of Statutory Auditors, composed of five standing members and two substitute members, was appointed by the shareholders on 13 April 2017 - in compliance with current legislation [...] Secretary of Board of Statutory Auditors Composition of the Board of Statutory Auditors Eni has adopted a traditional ...

14 September 2016 eni.com Section: company

Composition and appointment of the Board of Statutory Auditors

of Statutory Auditors. Eni's Board of Statutory Auditors, composed of five standing members and two substitute members, was appointed by the shareholders on 13 April 2017 - in compliance with current legislation [...] Board of Statutory Auditors Composition and appointment of the Board of Statutory Auditors Overview Eni has adopted a ...

7 September 2016 eni.com Section: enipedia

Meetings and running of meetings

by the majority of its members. The Board of Directors shall also be convened when so requested by at least two Directors (or by one Director if the Board consists of three members) to decide on a specific [...] Directors. The power to call a meeting of the Board of Directors ...

27 April 2018 eni.com Section: enipedia

Board's Policy on the maximum number of offices of Directors in other companies

policy on the maximum number of additional offices for Eni Directors in relevant companies compatible with the effective performance of the role of Eni Director. Policy of the Board of Directors For the [...] that the executive Director of the same issuer is a Director of Eni. b) A non-executive Director ...

26 April 2018 eni.com Section: enipedia

Servizi Fondo Bombole Metano

Directors of SFBM is made up as follows: Angelo Bonaventura , Chairman Corradino Girasoli , Member Gabriella Ruggero , Member Board of Statutory Auditors The Board of Statutory Auditors of SFBM is made up as follows: [...] the Ministry of Finance issued a decree granting Eni S.p.A. the exercise of activities relating ...

12 May 2016 eni.com Section: enipedia

Intervento dell'Amministratore Delegato, Claudio Descalzi al Parlamento Europeo

Stato un'offerta di gas sicura, concorrenziale e diversificata". È questa la posizione espressa dall'AD Eni Claudio Descalzi all'audizione al Parlamento europeo sulla politica energetica europea. Leggi l'intervento [...] Good afternoon, I would like to thank President Buzek for his kind invitation and all the I.T.R ...

12 May 2016 eni.com

Composition, Independence and other requirements

Independence and other requirements Overview In detail: the composition of Eni Board of Directors; the requirements for members of the Board of Directors; verifications held on possession of requirements. [...] in the Code. For issuers belonging to the FTSE-Mib index, such as Eni, the Code recommends that at least one-third of ...

12 May 2016 eni.com Section: enipedia

List of Parties involved in administration, control or management of Eni SpA

or management" in Eni SpA are Directors, Effective Statutory Auditors, the Magistrate of the Italian Court of Auditors (Corte dei Conti) and members of the Management Committee of Eni SpA are considered, [...] Parties involved in administration, control or management of Eni SpA List of Parties involved in administration, control or ...

9 September 2016 eni.com Section: enipedia

Enhancing diversity

Diversity: a value to be cultivated At Eni there are no differences of race, gender, religion, nationality, political opinion, sexual orientation, social status or age. Eni respects the dignity of everyone and [...] diversified BoD. A third of members of the BoD and of the Board of Statutory Auditors, including the ...

4 July 2018 eni.com Section: Sustainability