Human Rights are at the top of the company agenda.
The Sustainability function designs and implements Eni’s Human Rights Due Diligence in co-operation with all relevant functional areas.
Human Rights are integrated into the structure and the processes of Eni’s governance which is based on the central role of the Board of Directors and the CEO: the Board approves - after the CEO’s proposal - the Company’s strategy and objectives, including those related to sustainability. The CEO ensures the implementation of Board resolutions, reporting the results to the Board periodically.
Eni was a forerunner in the industry to adopt the Integrated Financial Report since 2010. The Integrated Financial Report includes non-financial information, is approved from the Board and later presented to the Annual General Meeting.
The Board of Directors is also responsible for approving the most important internal rules, including the Code of Ethics, and periodically examining the main business risks by evaluating the adequacy and effectiveness of Eni’s Internal Control and Risk Management System.
In 2014, the company’s commitment to Sustainability and the respect for Human Rights was further strengthened by the creation of the Sustainability and Scenarios Committee within the Board, which advises the Board on scenarios and Sustainability issues, i.e. the processes, initiatives and activities aimed at supporting Eni’s commitment to sustainable development throughout the value chain. Most recently, the Board emphasized the Committee’s role with regard to the respect of Human Rights.
Another relevant body is the Eni Watch Structure, which serves the role of Guarantor of the Code of Ethics, with the duty of promoting and verifying the Code’s implementation. The Watch Structure is made up of internal and external members, including the Chairman, with specific requirements.
The Sustainability function is responsible for designing, implementing and overseeing Eni’s Human Rights Due Diligence. In order to do so, it continuously engages all Eni functions with a role in ensuring the company’s respect for Human Rights. An internal Working Group on Human Rights and Business (HRBWG) was appointed in 2017; it has the strategic mission of designing the company’s Human Rights agenda for the future.
Strategic tools such as incentives linked to Human Rights performance are also in place for different managerial levels to ensure the implementation of Eni’s Human Rights strategies and commitments.
Further information on the core elements of Eni’s Human Rights Governance can be found in the attached documents.
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