Working together for a low-emissions planet.
As a large energy company, we are fighting climate change not just through our sustainable business model and by sharing best practices, but also by entering into beneficial relationships with international organisations. In September 2018, we signed an agreement with the United Nations Development Programme (UNDP) and were acknowledged by Global Compact LEAD, the United Nations initiative dedicated to corporate sustainability. In addition, alongside the biggest energy companies in the world, we set up the Oil and Gas Climate Initiative (OGCI), which aims to fight climate change in the Upstream sector.
Our long-term plan is based on four pillars – the same four that have allowed us to achieve significant results in reducing gas flaring and climate-altering gas emissions over the past 10 years.
We are reducing CO2 of our work, for example through initiatives to improve energy efficiency and by eliminating gas flaring.
We have faith in the strength and resilience of our low-carbon portfolio, in which gas will play an increasingly important role in the long term.
As well as promoting decarbonization and developing renewables, Eni has combined its traditional operations with investment in innovative, environmentally friendly technology
Eni is developing innovative alternatives to fossil fuels both in Italy and the countries in which we operate. It promotes research into green businesses and the continual reduction of investment and production costs.
We are committed to managing the main issues related to climate change to the best of our ability. For this reason, as well as founding the Sustainability and Scenarios Committee, the Control and Risk Committee and the Remuneration Committee, in late 2017 we created an Advisory Board that works with international experts to enable us to strengthen our grasp of long-term trends in the energy market.
Our specific solutions to combat climate change both over the short and long terms.
As well as the United Nations and the OGCI, we work in collaboration with academia, civil society, institutions and businesses to seek tangible solutions to protect the environment and further our energy transition towards a low-carbon future.
A public-private partnership headed by the World Bank to reduce gas flaring, a practice that leads to carbon dioxide emissions during oil extraction.
An initiative that is bringing together governments, civil society and the private sector to improve air quality and reduce climate-altering pollutants in all sectors over the coming decades.
We have been part of this project since 2003. In 2016, we were the only major oil and gas company on the ‘Climate A List’ in an assessment of more than 2,000 listed companies – a leading position we maintained in 2017 with an A- rating.
The Task Force of the Financial Stability Board (FSB-TCFD) was founded in December 2015 to develop international recommendations and guidelines on providing information connected to the risks linked to climate change.
This association brings together companies in the oil sector and aims to improve their environmental and social performance.
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