#News #Upstream Oil & Gas News

Eni’s New Sustainability Report Describes the Company’s Transformation Towards Net Zero

On 12th of May, Eni released Eni for 2020, its 15th voluntary sustainability report, which illustrates Eni’s concrete contribution to a just transition, building on the company’s path towards carbon neutrality by 2050.

“Eni for shows our commitment to a socially fair and inclusive energy transition that ensures access to energy for all while protecting the environment,” said Claudio Descalzi, Eni’s Chief Executive Officer. “In the last years, we have set our strategy on an evolution of our business model that is strongly focused on long-term value creation for all our stakeholders, tracing the path to carbon neutrality by 2050. By pursuing this vision, we have strengthened our partnerships with international organizations and development agencies which constitute an effective tool to mobilize resources that are not exclusively economic and to support the growth of our host countries,” Descalzi added.

As an integrated energy company, Eni works in 68 countries, giving substance to its Mission, which is inspired by the 17 United Nations Sustainable Development Goals (SDGs), to respond to universal challenges in an increasingly demanding context, also in view of the health emergency that began in 2020.

Eni for explains Eni’s initiatives undertaken on this path over the last year. The report, which is reviewed by PwC, is composed by three volumes, Eni for a Just Transition; an in-depth analysis on the path towards Carbon Neutrality by 2050, in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD); and one dedicated to Sustainability Performance over the last five years.

Click on the link below for full report

Source: PetroleumAfrica

Eni’s New Sustainability Report Describes the Company’s Transformation Towards Net Zero

Leave a comment

Your email address will not be published. Required fields are marked *