Eni has defined a clear decarbonisation strategy even in response to the potential risks described previously.
Our strategy is based on the following pillars: reduction in direct GHG emissions, low carbon Oil & Gas portfolio, green business development and commitment to scientific and technological research (R&D), a fundamental and transversal element in all Eni activities to achieve maximum efficiency and to favour the energy transition.
Eni recognizes the scientific evidence on climate change of the Intergovernmental Panel on Climate Change (IPCC) and was among the signers of Paris Pledge, supporting the objectives contained in the Paris Agreement.
Eni’s road-map for a low carbon future is based on three elements.
The adoption, on 12 December 2015, of the Paris Accords at the end of COP21, was an historic event that not only exceeded the expected goals, but was also supported by a global political consensus (195 countries, Responsible for 95% of global GHG emissions). The most important new feature of the Agreement was the overcoming of the division between industrialised and developing countries, which had been the basis of the Kyoto Protocol and historic climate change negotiations. Now all the participating countries are committed to containing the emission climate-altering gases in order to limit the increase in global temperature. Eni welcomed the success of the Paris meeting and joined the Paris Pledge for Action initiative, put forward by President Laurent Fabius to demonstrate the commitment of non-governmental stakeholders to adopting clear rules in line with the objectives of the Accords. In this respect, in the Oil & Gas sector, Eni is playing a leading role in many important partnerships and, in particular, with the Oil & Gas Climate Initiative and the Paying for Carbon Coalition, which aim at defining concrete solutions, in both the short and long term, for the energy transition to a low carbon future.
Emissions reduction plays an important role in the protection of the environment, for us an essential part of sustainable development.
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