Just Tran...
Integrating sustainability into our business model
For Eni, sustainability means contributing to a socially just energy transition that guarantees access to energy for everyone, while protecting the environment.
5 min read
Moving towards a just transition to create long-term value
The key challenge within our sector is to provide access to efficient, sustainable energy that is universally available to a global population that is growing in both demographic and economic terms whilst also fighting climate change. This is a challenge that will determine new consumption models, and one that is already having an impact on the way we produce energy.
This being the case, we have set ourselves a strategic objective, namely to achieve carbon neutrality by 2050, i.e. to totally eliminate our carbon footprint, in terms of both net emissions and net carbon intensity. Putting our customers at the heart of what we do, we aim to be offering them by then a range of energy products that are fully decarbonized, taking into account all of the emissions generated throughout their life cycles (Scopes 1, 2 and 3).
Indeed, our activities extend to our end markets, where we sell gas, electricity and products to retail and business customers and local markets.
And in order to support our growth and that of our host countries, we have incorporated the 17 United Nations Sustainable Development Goals (SDGs) into our mission , making specific commitments for each of them.
Eni's business model
Eni organically includes the principles of environmental and social sustainability in its business plan, basing its range of actions on three pillars:
 operational excellence
carbon neutrality by 2050
partnerships for development

The Eni business model is developed on these three pillars, leveraging internal skills, the development and application of innovative technologies and the digitization process. The core factor of the business model is the Corporate Governance system, inspired by the principles of transparency and integrity,
Operational excellence
This translates into an ongoing commitment to valuing people, safeguarding both the health and safety of people and asset integrity, protecting the environment, integrity and respect for human rights, resilience and diversification of activities and ensuring sound financial discipline. These elements allows Eni as an energy company to seize the opportunities related to the possible evolutions of the energy market and to continue on the path of transformation.
Carbon neutrality by 2050
It is based on an approach oriented to emissions generated throughout the life cycle of energy products and on a set of actions that will lead to the total decarbonisation of processes and products by 2050. This path, achieved through existing technologies, will allow Eni to totally reduce its carbon footprint, both in terms of net emissions and in terms of net carbon intensity.
Alliances for development
Through the enhancement of the resources of the Countries where it operates, promoting access to electricity and promoting Local Development Programmes (LDPs) with a broad portfolio of initiatives in favour of communities. This distinctive approach, referred to as Dual Flag, is based on collaborations with other internationally recognized players in order to identify the needs of communities in line with the National Development Plans and the United Nations 2030 Agenda. Eni is also committed to creating job opportunities and transferring its know-how and expertise to its local partners.
VALUE CREATION
FOR STAKEHOLDERS
Through an integrated presence all along the energy value chain
OPERATIONAL
EXCELLENCE
Health, Safety and Environment
Human Rights and Integrity
Resilience and Diversification
Capital discipline
TRANSFORMATION AND PORTFOLIO FLEXIBILITY
ALLIANCES FOR DEVELOPMENT
Dual Flag approach
Public-private partnerships
Job creation and
know-how transfer
LOCAL DEVELOPMENT PROGRAMS IN ACCORDANCE WITH 2030 AGENDA
CARBON
NEUTRALITY
BY 2050
Life cycle GHG emissions approach (Scope 1, 2 and 3)
Set of concrete actions for
the entire decarbonization
of processes and products
INTERMEDIATE OBJECTIVES
OF NET REDUCTION
IN ABSOLUTE TERMS AND
OF EMISSION INTENSITY
COMPETENCES
TECHNOLOGICAL INNOVATION AND DIGITALIZATION


Responsible and sustainable approach
Sustainability is part of every aspect of our business. This link is achieved by integrating the 17 Sustainable Development Goals of the UN 2030 Agenda into our mission. For each of them, we have defined goals to be achieved in the short (2021-2024), medium (2025-2030) and long term (by 2050).
See the following infographic to discover Eni's business model in relation to:
the commitments made by the company
 the main 2020 results
the SDGs that we contribute to

Carbon neutrality by 2050
Fighting Climate Change
People
COMMITMENTS
MAIN RESULTS IN 2020
CONTRIBUTING TO THE FOLLOWING SDGS
Main results 2020 and Efforts
PDF 1.91 MB
Eni's activities: the value chain
Eni is a global energy company that has a presence along the entire value chain, including exploration, oil and natural gas development and extraction, power generation from cogeneration and renewable sources, traditional and bio-based refining and chemicals and the development of circular economy processes. Eni’s reach extends to its end markets, selling gas, electricity and products to retail and business customers and local markets.
One of our competitive advantages is the ability to reduce the time-to-market of reserves, which together with efficient exploration helps to ensure a resilient asset portfolio to the scenario.
Our integrated operations
We work in 68 countries. Our goal is to achieve carbon neutrality and promote access to energy resources in an efficient and sustainable way for all.
SEE MORE
Sustainability governance
The central role played by Eni’s Board of Directors in the management of the main issues relating to climate change, sustainability and corporate debate on strategic issues is evidence of sound, cutting-edge governance. They are supported by specific Committees and the Advisory board, which includes some of the leading international experts in the energy sector.
Go to Eni's governance
Eni for 2020 - A just transition
PDF 25.75 MB
Eni for 2020 – Carbon neutrality by 2050
PDF 16.77 MB
Eni for 2020 – Sustainability performance
PDF 2.48 MB
Eni for 2020 - Executive Summary
PDF 6.23 MB
Eni for Human Rights - Report
PDF 7.50 MB
Read about our business model
A selection of in-depth content.
Eni's mission

Stakeholders
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We are an energy company. We concretely support a just energy transition, with the objective of preserving our planet and promoting an efficient and sustainable access to energy for all. Our work is based on passion and innovation, on our unique strengths and skills, on the equal dignity of each person, recognizing diversity as a key value for human development, on the responsibility, integrity and transparency of our actions. We believe in the value of long term partnerships with the countries and communities where we operate, bringing long-lasting prosperity for all.
Find out more
Registered Head Office
Piazzale Enrico Mattei,1 00144 Rome, Italy
Branches
Via Emilia, 1 and Piazza Ezio Vanoni, 1 20097 San Donato Milanese, Milan, Italy
Company Share Capital
€ 4.005.358.876,00 paid up
Rome Company Register
00484960588
Tax Identification Number
VAT Number 00905811006
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