Eni is a global energy company engaged in the exploration, development and extraction of natural gas and oil, power generation from traditional and renewable sources, refining and chemicals. The goal of sustainability incorporates business at every level.
The challenges faced by the global energy system are environmental sustainability, universal access to energy and energy security.
Eni recognises the need to be lean and flexible in coping with this trio of energy issues by adopting a model based on diversification of energy types and geographical sources, development of new technologies and the central role of natural gas. In this context, we are leveraging alliances with the countries in which we have been investing for years, focusing our objectives on a socially equitable and just energy transition.
Through an integrated presence all along the energy value chain.
Responding to the energy demands of a world that is growing in economic and demographic terms, and meeting global sustainability commitments. These are both challenging and vital goals for a global energy company.
Eni aims to achieve carbon neutrality by 2050 as required by the Paris Agreement to keep global warming within the 1.5°C threshold by the end of the century. Our strategic plan aims to achieve an absolute emission reduction of 35% by 2030 and 80% by 2040.
Prioritising our customers, we strive to offer increasingly decarbonized products and services. And in order to share growth and development with our host countries, since 2019 we have incorporated the 17 United Nations Sustainable Development Goals (SDGs) into our mission.
Sustainability is part of every aspect of our business. This connection is achieved by integrating the 17 Sustainable Development Goals of the UN 2030 Agenda into our mission. For each of them, we have set targets to be achieved in the short (2023-2026), medium (2026-2030) and long term (by 2050).
To address the complex challenges posed by the energy transition and support the goal of Net Zero by 2050, we have identified three key elements:
In order to increase structural innovation opportunities, we cultivate a network of partnerships with universities, start-ups, venture capital initiatives and public and private institutions, creating a virtuous ecosystem geared to Open Innovation.
We are speeding up our decarbonization process in order to offer increasingly decarbonized products and services. Here are all our goals by 2050.
installed renewable electricity capacity (100% Plenitude)
stations for electric vehicles (100% Plenitude)
total CO₂ storage capacity (Equity Eni including CCUS services for third parties)
portfolio (100% Plenitude)
of Upstream production
Targets, strategies, projects, and results for a just energy transition
We address the challenges and opportunities of the energy world with the aim of achieving environmental sustainability while ensuring energy security, respecting economic and social equity.
