#EniFor2023: moving towards a Just Transition

Welcome to “Energy of Today & Tomorrow”: your go-to guide to the challenges and opportunities in the energy world.

In this issue, we dive into Eni for 2023 , our latest sustainability report documenting our journey towards the energy transition.

Why read Eni for 2023?

Eni for 2023 transparently outlines our strategy to reduce the carbon footprint of traditional energy sources while advancing the development of innovative solutions, maintaining a balance between competitiveness and sustainability to ensure social stability and economic growth.

This is called a Just Transition because the shift to a mix of clean energy sources must consider the diverse economic resources and geographical conditions of different countries, making sure that no one is left behind and creating long-term value for all stakeholders as we move forward.

Watch Francesca Ciardiello , Head of Sustainability Development at Eni, discuss our decarbonisation strategy at Wired Next Fest 2024

Net Zero by 2050

A key focus of the report is our commitment to achieving Net Zero by 2050, with a detailed outline of our comprehensive plan to reduce emissions directly and indirectly linked to our business activities while ensuring the security and competitiveness of energy supplies.

A transformation driven by advanced technologies, continuous innovation and the collective efforts of our entire ecosystem, with Plenitude , Enilive and Versalis all playing a crucial role by expanding renewable energy capacity, promoting sustainable mobility and developing sustainable chemical products.

But achieving Net Zero isn’t just about reducing emissions. It’s about ensuring that energy remains abundant and accessible for all. This distinctive approach fosters growth and opens up new opportunities for the communities, value chains and regions where we operate.

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Operational excellence?

Research and innovation are essential to our transformation, with our strategy leveraging a range of reliable, established technologies while simultaneously advancing breakthrough solutions. But at the heart of our progress are the dedication and expertise of our?people.?We create?value?for them?by ensuring safe, efficient and sustainable operations while fostering a?culture of plurality?based on non-discrimination, equal opportunities and inclusion of all forms of diversity. Our commitment also extends to reinforcing employee engagement and promoting work-life balance through a dedicated focus on Welfare and People Care initiatives. By valuing?human capital?and integrating?best practices, we continuously improve our processes, ensuring resilience and adaptability in a rapidly changing energy landscape.?

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Alliances for development

The complexity of today’s global challenges requires us to work alongside our partners with mutual respect and a shared sense of purpose, fostering genuine collaboration to create lasting value for local communities and support sustainable growth. Together with governments, international organisations and local stakeholders, we are committed to ensuring that our projects contribute to economic diversification, social progress and environmental protection.

“In a world characterised by complex and constantly evolving dynamics, we are called upon to find solutions to emerging socio-political, climate and energy challenges, and to contribute with an approach based on safety, innovation and sustainability.”

Claudio Descalzi , Eni CEO

Stay tuned for more updates and insights in our next issue of “Energy of Today & Tomorrow.”