Mission
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.
Global goals for a sustainable development
The UN's 2030 Agenda for Sustainable Development, presented in September 2015, identifies the 17 Sustainable Development Goals (SDGs) which represent the common targets of sustainable development on the current complex social problems. These goals are an important reference for the international community and Eni in managing activities in those Countries in which it operates.
2023
SUSTAINABILITY PERFORMANCE
Disclaimer
Eni for 2023 is a document published on a yearly basis that contains certain forward-looking statements related to the different topics covered therein. Forward-looking statements are founded on Eni management's reasonable assumptions and beliefs given the information available to them at the time the statements are made. Nevertheless, by their nature, forward‐looking statements involve an element of uncertainty as they relate to events and depend on circumstances that may or may not occur in the future and which are, in whole or in part, beyond Eni's control and reasonable prediction. Actual results may differ from those expressed in such statements, depending on a variety of factors, including, without limitation: the impact of the Covid-19 pandemic, the fluctuation of the demand, the offer and pricing of oil and natural gas and other petroleum products, the actual operating performances, the general macroeconomic conditions, geopolitical factors and changes in the economic and regulatory framework in many of the Countries in which Eni operates, the achievements reached in the development and use of new technologies, development of scientific research, changes in the stakeholders' expectations and other changes to business conditions. The readers of the document are therefore invited to take into account a possible discrepancy between the forward-looking statements included and the results that may be achieved as a consequence of the events or factors indicated above. Eni for 2023 also contains terms such as, for instance, "partnership" or "public/private partnership" used for convenience only, without a technical-legal implication. "Eni" means the parent company Eni SpA and its consolidated subsidiaries. The reporting of GHG Scope 3 emissions and the related targets is not to be understood as the assumption of any legal responsibility in relation to the actual and/or potential impacts of said GHG emissions.
Photos
All the photos of the covers and the reports Eni for 2023 come from the Eni photographic archive.
Translations
The original text of Eni for - where not otherwise indicated - is in Italian. Translations into other languages are taken from the original text. In case of discrepancies, the contents of the Italian version prevail over those of the translation into any other language.
Why read
Eni for 2023?
Eni for 2023 describes Eni's path to a Just Transition that guarantees access to Just Transition, the just energy transition, with the 2050 target for carbon neutrality, to mitigate costs and share social and economic benefits with workers, suppliers, communities and customers inclusively and transparently. The storytelling is structured according to the three levers of the integrated business model - Carbon neutrality by 2050, Operational excellence and Alliances for development
- which define Eni's scope of action to create long-term value for all stakeholders. In contrast to the Consolidated Disclosure of Non-Financial Information, Eni for delves into stories, concrete cases and testimonies to ensure access to efficient and sustainable energy.
REPORTING PRINCIPLES AND CRITERIA
Eni for 2023 is prepared per the "Sustainability Reporting Standards" of the Global Reporting Initiative, in accordance with the GRI Universal (2021) and Sector Standard Oil & Gas (2021) and in line with the 10 principles of the Global Compact. The Eni for 2023
- Sustainability performance includes the GRI Content Index, as
well as the reference tables with: Task Force on Climate related Financial Disclosure (TCFD);Climate Action 100+;Sustainability Accounting Standards Board (SASB); World Economic Forum (WEF); EU Sustainable Finance Disclosures Regulation (SFDR); andWomen's Empowerment Principles (WEPs).
EXTERNAL ASSURANCE
In line with previous editions, Eni for 2023 also underwent a limited assurance audit by the independent auditors (PwC), who audited also theAnnual Report, which includes the Non-Financial Statement. Scope 1 and Scope 2 Operated (no equity) GHG emissions are subject toreasonable assurance and this report is included in Eni for Performance.
LEGEND
External Links Internal links
Introduction | 4 | |
Governance and business ethics | 5 | |
Remuneration | 6 | |
Economic value | 7 | |
Research and Development | 8 |
Carbon neutrality by 2050 | 10 | |
Main target indicators | 10 | |
GHG Emissions | 12 | |
Energy efficiency | 14 |
Operational excellence | 15 | |
People | 15 | |
Health | 26 | |
Safety | 27 | |
Environment | 28 | |
Human rights | 36 | |
Transparency and anti-corruption | 38 | |
Customers and suppliers | 40 |
Alliances for development | 42 | |
Investments for local development | 42 | |
Grievance | 43 | |
Annexes | 44 | |
Reporting criteria | 44 | |
Reference tables with respect to referenced standards and guidelines | ||
- Global Reporting Initiative (GRI) Content Index | 51 | |
- Task Force on Climate-Related Financial Disclosures (TCFD) | 60 | |
- Climate Action 100+ Net Zero Company benchmark 2.0 Indicators | 61 | |
- World Economic Forum (WEF) Core Metrics | 62 | |
- Sustainability Accounting Standards Board (SASB) Exploration & Production | 64 | |
- Indicators under the EU Sustainable Finance Disclosure Regulation (PAI) | 66 | |
- Women's Empowerment Principles (WEP) | 67 | |
Statement on ghg accounting and reporting and related audit by the independent | ||
auditors (year 2023) | 68 | |
Eni's sustainability reporting | 78 |
Eni for 2023 - A Just transition
4 | 2023 SUSTAINABILITY PERFORMANCE | HOME |
Introduction
CARBON | OPERATIONAL | ALLIANCES FOR | 5 | ||||||
INTRODUCTION | NEUTRALITY | EXCELLENCE | DEVELOPMENT | ANNEXES | |||||
Governance and business ethics
This document, together with Eni for 2023
- A Just Transition, is part of Eni's voluntary sustainability reporting. It aims to illustrate the Group's sustainability performance. The Key Performance Indicators (KPIs) related to the five-year period 2019-2023 are represented, according to the three levers of Eni's integrated business model, Carbon Neutrality by 2050, Operational Excellence and Alliances for Development - that are Eni's foundations for reaching the objectives of creating long-term value for all stakeholders. In fact, Eni is committed to contributing, both directly and indirectly, to the achievement of the 17 Sustainable
Development Goals (SDGs) by seeing new business opportunities and supporting the Just Transition - a socially just energy transition - to ensure access to efficient and sustainable energy with the goal of achieving net zero emissions by 2050. This commitment calls for sharing social and economic benefits with workers, the value chain, communities and customers in an inclusive, transparent and socially equitable manner, taking into consideration the different level of development of the Countries in which it operates and minimising existing inequalities.
In this context, business management is measured by means of sustainability indicators which direct the processing of future strategies and goals along a path of
continuous improvement. The development of a specific document, and subject to audit activities along with Eni for 2023 - A Just Transition, in the audit activities, that present the non-financial performance and the evolution of its transformation path, reflects the aim of ensuring transparency with regard to Eni's operations to maintain a constructive and proactive dialogue with its stakeholders.
REFERENCE STANDARDS
Eni for 2023 - Sustainability performance, as well as the Consolidated Disclosure ofNon-FinancialInformation, is prepared in accordance with the Sustainability Reporting Standards of the Global Reporting Initiative 2021 (GRI) - Universal and Sector Standards (GRI 11 - Oil & Gas) published in 2021. In continuity with previous editions, the document aligns with the "Core" metrics defined by
the World Economic Forum (WEF) in the White Paper "Measuring Stakeholder Capitalism - Towards Common Metrics and Consistent Reporting of Sustainable Value Creation", which defines metrics creation of long-termvalue and to further promote the convergence of ESG standards and principles. In addition, it includes metrics from the Task Force on Climate- related Financial Disclosures (TCFD), the
Sustainability Accounting Standards Board Exploration & Production (SASB), the
EU Sustainable Finance Disclosure
Regulation (SFDR), the Women's Empowerment Principles (WEP) and the Climate Action 100+ initiative. The reference tables for these standards/ guidelines can be found at the end of this document.
ENI'S NON-FINANCIAL PERFORMANCE AND THE SUSTAINABLE DEVELOPMENT GOALS (SDGs)
Aware of the key role the energy sector plays and the development of its business in addressing the current challenges, Eni defines the objectives of the Four-Year and Long-Term Strategic Plan, among others, to actively contribute to the 17 SDGs of the UN's 2030 Agenda for Sustainable Development. These represent common goals for sustainable development of the current complex social challenges and are an important reference for the international community. Eni identifies specific qualitative and quantitative indicators, set out in this document1 to monitor and measure its contribution. Eni directs its business according to these KPIs, providing transparent evidence of both the value generated and the actions to mitigate any negative externalities caused, with the constant objective of seizing new opportunities for improvement.
For more information | Eni for 2023 - A Just Transition | |||||||
BOARD OF DIRECTORS AND SUPERVISORY BODIES OF ENI GROUP(a) | ||||||||
2019 | 2020(b) | 2021 | 2022 | 2023(c) | SDGs target | |||
Members of Eni SpA Board of Directors | (number) | 9 | 9 | 9 | 9 | 9 | 16.7 | |
For role | ||||||||
executive | 1 | 1 | 1 | 1 | 1 | |||
non executive | 8 | 8 | 8 | 8 | 8 | |||
indipendent(d) | 7 | 7 | 7 | 7(e) | 7(e) | |||
non indipendent | 2 | 2 | 2 | 2 | 2 | |||
For age groups | ||||||||
under 30 | 0 | 0 | ||||||
30-50 | 2 | 1 | ||||||
over 50 | 7 | 8 | ||||||
Representation of Minority Shareholders | 3 | 3 | 3 | 3 | 3 | |||
Presence of women on the Board of Directors | 3 | 4 | 4 | 4 | 4 | 8.5 | ||
Eni SpA Board of Directors Annual Meetings | 13 | 15 | 13 | 16 | 15 | |||
Average attendance at Eni SpA Board of Directors | (%) | 100 | 100 | 100 | 97.9 | 96.3 | ||
Annual board induction sessions/ongoing training of Eni SpA Board of Directors | (number) | 1 | 3(f) | 3(g) | 2(g) | 7(h) | ||
Presence of women on the management bodies of Eni subsidiaries | (%) | 29 | 26 | 24 | 24 | 28 | 5.5 | |
Presence of women on the supervisory bodies of Eni subsidiaries(i) | 37 | 37 | 43 | 38 | 43 | 5.5 |
- For consistency with the representation in the 2023 balance sheet, the Eni Group is understood to mean Eni SpA and its subsidiaries consolidated by the line-by-line method.
- For the composition, refer to the Board in office from the 13th of May 2020.
- For the composition, refer to the Board in office from the 10th of May 2023.
- Refers to independence as defined by applicable laws, referred to in Eni's By-Laws.
- Seven (7) Directors are also independent pursuant to the Corporate Governance Code.
- Further induction sessions open to all Directors and Statutory Auditors were held within the Board Committees and in the Board of Statutory Auditors.
- Further induction sessions open to all Directors and Statutory Auditors were held within the Board Committees.
- With reference to the number of sessions conducted overall, of which four sessions open to all Directors and Statutory Auditors were held within the Board Committees.
- Outside of Italy, only the companies with a supervisory body similar to the Italian Board of Statutory Auditors are considered.
1 The identification of the KPIs was carried out taking as reference both the document "An Analysis of the Goals and Targets" (published by GRI and UN Global Compact) and the document "Mapping the oil and gas industry to the Sustainable Development Goals: An Atlas" (published by IPIECA).
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CARBON | OPERATIONAL | ALLIANCES FOR | 7 | ||||||
INTRODUCTION | NEUTRALITY | EXCELLENCE | DEVELOPMENT | ANNEXES | |||||
The Board of Directors (BoD) and the Board of Statutory Auditors (BoSA) are appointed by the Shareholders' Meeting using the slate voting system, to allow the presence of Directors and Statutory Auditors designated by the minority shareholders; their respective Chairmen are appointed by the Shareholders' Meeting with legal majorities. Three directors and two statutory auditors, including the Chairman of the BoSA were appointed by minority shareholders2. The current BoD was appointed by the Shareholders' Meeting held on May 10th, 2023, with term of office until the approval of the financial statements for the year ended December 31st, 2025. For the appointement of the Directors, the Shareholders' Meeting took into account the guidelines, promptly communicated to the market, by the previous BoD on the quantitative and qualitative composition considered to be optimal. For further details on these guidelines and the self-assessment activities performed by the Board of Directors, please refer to the Annual Report 2023. In terms of gender diversity, more than 44% of the members of the BoD and 40% of the BoSA (including its Chair), are women. The number of independent Directors on the BoD exceeds the number required in the By-Laws, by law and Corporate Governance Code. In line with the practice launched several years ago, at the start of the new term of office, Eni provided training programmes ("Board Induction") to support the BoD and the BoSA with training sessions on institutional, business and
sustainability issues, in BoD, Committees and BoSA meetings based on the presentation of Eni's business and organization by top management. For more details on Board Induction please refer to the Annual Report 2023 and the Corporate Governance and Shareholding Structure Report 2023. The internal regulation about the "Corporate Governance of Eni companies", without prejudice to legal obligations, provides that in selecting the members of the management and control bodies of Eni's Italian and foreign subsidiaries, diversity is promoted wherever possible. In particular, this regulation indicates the share (different between Italy and abroad) to be reserved for the least represented gender in the composition of the corporate bodies of Eni's subsidiaries, in the absence of specific legal obligations3. In 2023, the overall percentage of women in the management bodies and supervisory bodies of subsidiaries increased compared to 2022, and is 28% and 43%. For more details on the roles and responsibilities in the Governance of sustainability at Eni as well as the internal control and risk management system, please refer to the Annual Report 2023 and the Corporate Governance and Shareholding Structure Report 2023.
REMUNERATION
The strategic commitment to decarbonization and to peoples' safety is part of the essential goals of the Company and, therefore, is reflected in Variable Incentive Plans for the CEO and the
Eni management. In particular: (i) the Short-Term Incentive Plan includes, in continuity with the previous year, a target concerning incremental capacity installed from renewable sources (weight 12.5%) as well as targets of sustainability, environmental and of human capital relating to the reduction in GHG net emissions Scope 1 and 2 Upstream (weight 12.5%) and to personnel safety (weight 12.5%) in terms of Severity Incident Rate (SIR), focusing management commitment on the reduction of the most serious incidents. Thus, the overall weight of the sustainability goals is 37.5% for the CEO, while it varies for the company management according to the responsibilities assigned; (ii) the Long-Term Incentive Plan, in line with the previous one, supports the implementation of the strategy also through a specific objective concerning environmental sustainability issues, broken down into a series of goals related to the processes of decarbonization, energy transition and the circular economy, with an overall weight of 35%, for the CEO and all Eni management recipients of the plan. The following table shows, for the current and previous term of office: (i) the percentage of variable remuneration associated with the objectives on long-term, with respect to total remuneration; (ii) the percentage of the variable remuneration linked to short- and long-term sustainability objectives associated with the total variable remuneration, calculated at target and maximum sustainability performance level within a target overall performance level.
CEO PAY RATIO
The table below shows the pay ratios between | reference to fixed remuneration and to total | to the change in the Long-Term Share Incentive | |||||
the CEO/DG remuneration and the median | remuneration4. The average total remuneration of | awarded in 2023, due to the increase in Eni's share | |||||
remuneration of employees in Italy (main operating | all employees compared to 2022 varied by 2.5% | price compared to its issue value (EUR 15.27 vs. | |||||
location) and of all employees, calculated with | while that of the CEO/DG varied by 32% mostly due | EUR 8.21). | |||||
2020 | 2021 | 2022 | 2023 | ||||
Employees in Italy | |||||||
Ratio between the CEO/DG fixed remuneration and the median fixed remuneration of employees | 37 | 36 | 35 | 35 | |||
Ratio between the CEO/DG total remuneration and the median total remuneration of employees | 97 | 138 | 137 | 172 | |||
Ratio between the annual percentage change in the CEO/DG annual total remuneration and the annual percentage change | 0.83 | 7.00 | |||||
in the median total remuneration of employees | |||||||
All employees | |||||||
Ratio between the CEO/GM fixed remuneration and the median fixed remuneration of employees | 36 | 36 | 35 | 36 | |||
Ratio between the CEO/GM total remuneration and the median total remuneration of employees | 97 | 141 | 140 | 180 | |||
Ratio between the annual percentage change in the CEO/GM annual total remuneration and the annual percentage change | 0.91 | 12.86 | |||||
in the median total remuneration of employees | |||||||
ECONOMIC VALUE | |||||||
2019 | 2020 | 2021 | 2022 | 2023 | SDGs target | ||
Economic value generated | (€ million) | 71,565 | 45,638 | 78,092 | 134,232 | 95,594 | 8.2 9.1 9.4 9.5 |
Economic value distributed(a) | 63,103 | 41,437 | 66,138 | 120,451 | 89,878 | ||
of which: operating costs | 50,874 | 33,551 | 55,549 | 102,529 | 73,836 | ||
of which: wages and salaries for employees | 2,996 | 2,863 | 2,888 | 3,015 | 3,136 | ||
of which: payments to capital suppliers | 4,165 | 2,974 | 3,975 | 6,419 | 6,623 | ||
of which: payments to the Public Administration | 5,068 | 2,049 | 3,726 | 8,488 | 6,283 | ||
Economic value retained | 8,462 | 4,201 | 11,954 | 13,781 | 5,716 | ||
(a) For the economic value distributed relating to Community Investment, please refer to the Investments for Local Development section.
Policy Mandate 2020-2023 | Policy Mandate 2023-2026 | ||||||
Target | Maximum | Target | Maximum | ||||
% of CEO remuneration linked to long-term objectives | (%) | 55 | 65 | 55 | 65 | ||
% of CEO variable remuneration linked to sustainability objectives | 36 | 55 | 36 | 55 | |||
In 2023, Eni generated an economic value of €96 | approximately €286 million in financial assistance | European public contribution to the Plenitude sector |
billion, of which €90 billion was distributed, in | from the Public Administration. This amount | for developing the electric supply network. Over the |
particular: 82% are operating costs, 7% payments | includes about €140 million in tax credits recognised | year, investments net of depreciation amounted |
to the Public Administration, 7.5% payments to | in Italy for energy and gas-consuming companies to | to €7,413 million, and the total to share buy-backs |
capital suppliers, and 3.5% wages and salaries | meet the higher expenses incurred for purchasing | and dividend payments amounted to €4,885 million, |
for employees. In 2023, the Eni Group received | natural gas and electricity and around €30 million in | €6,283 million in taxes were paid. |
2 Eni's company By-Laws ensure that the number of representatives of minorities (i.e. non-controlling shareholders) exceeds the number required by law.
3 In particular: a) in Italian subsidiaries, at least two fifths of the members of each corporate body must belong to the least represented gender; b) in foreign subsidiaries, where possible, at least one fifth of the members of each corporate body must belong to the least represented gender. In the case of subsidiaries with minority shareholders, unless otherwise agreed, compliance with the quota of the least represented gender is ensured by Eni, as parent company.
4 Total remuneration includes variable monetary remuneration components and enhanced benefits.
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Research and Development
CARBON | OPERATIONAL | ALLIANCES FOR | 9 | ||||||
INTRODUCTION | NEUTRALITY | EXCELLENCE | DEVELOPMENT | ANNEXES | |||||
For more information | Eni for 2023 - A Just Transition | |||||||
2019 | 2020 | 2021 | 2022 | 2023 | SDGs target | |||
R&D expenditures | (€ million) | 194 | 157 | 177 | 164 | 166 | 9.5 | |
of which: related to decarbonization | 102 | 74 | 114 | 114 | 135 | |||
renewables | 23 | 10 | 18 | 17 | 17 | |||
energy storage(a) and magnetic confinement fusion | 5 | 9 | 13 | 16 | 15 | |||
capture, storage and conversion of CO2 | 13 | 9 | 17 | 21 | 23 | |||
chemistry from renewable sources | 20 | 15 | 20 | 23 | 39 | |||
hydrogen and new energy carriers | 12 | 12 | 23 | 14 | 14 | |||
environment(b) | 5 | 5 | 9 | 5 | 7(c) | |||
biorefining | 8 | 10 | 9 | 13 | 12 | |||
efficiency and energy recovery | 16 | 4 | 5 | 5 | 8 | |||
of which: safety and risk reduction | 20 | 11 | 8 | 4 | 5 | |||
of which: others (e.g. operational efficiency) | 72 | 72 | 55 | 46 | 26 | |||
Tangible value generated by Research and Technological Innovation | 1,126 | 951 | 1,253 | 1,432 | 1,517 | |||
Patent application first filings(d) | (number) | 34 | 25 | 30 | 23 | 28 | 9.5 | |
of which: related to renewable energy sources | 15 | 7 | 11 | 13 | 14 | |||
Existing patents | 7,686 | 7,471 | 7,290 | 8,029 | 9,893 | |||
Average age of patents(e) | (years) | 9.8 | 9.2 | 8.9 | 9.2 | 9.6 | ||
Number of partnerships on R&D(f) | (number) | 1,221 | 733 | 766 | 930 | 839 | 9.5 | |
of which: with Universities and Research Centers | 362 | 204 | 193 | 156 | 137 |
- Includes technologies for the accumulation of thermal or electrical energy for its subsequent use.
- This includes technologies aimed at monitoring, protecting and maintaining the environment as well as remediation.
- The environment item includes technologies to reduce water consumption or reuse, even though the removal of any pollutants (about €3 million in 2023) and technologies to monitor, protect and maintain the environment, as well as possible remediation (about €4.2 million in 2023).
- The 2023 figures for new first filing patent applications, total and from renewable sources, include Novamont's contribution for a total of 9, all from renewable sources.
- The average age of the patent portfolio does not include Novamont and Finproject's contributions, as the consolidation of the relevant data has not yet been completed.
- Partnerships consider purchase orders relating to goods and services that are functional to R&D activities.
In addition to support to optimize the efficiency and costs of the traditional business, Eni dedicates considerable efforts to improving technologies related to biofuels, new energy carriers, CO2 capture and use, implementation of renewable energy and research in the field of magnetic confinement fusion.
During 2023, the analysis of the tangible value generated by the application of innovative technologies resulted in benefits of €1,517 million, standing above the average level compared to the previous five-year period. In the Upstream sector, technologies supported several operational steps, leading to increased efficiency and reduced costs. For instance, through an advanced analysis suite, which has radically transformed the petrophysical analysis process, there has been a drastic acceleration in testing times and greater accuracy in the evaluation of key subsurface parameters, as well as the adoption of proprietary technologies for dynamic simulation, allowing for better optimisation of operations and a consequent
reduction in overall operating costs. At the same time, in the downstream sector, the supply, pre- treatment and treatment chain at biorefineries. Overall, these technologies and initiatives have generated significant operating costs savings and substantial improvements in efficiency and sustainability. These have all contributed to Eni's mission to transform the energy sector through technological innovation.
In the area of Intellectual Property management in support of technological innovation, the 2023 results and the size of the Intellectual Property portfolio consolidate the figures for Finproject SpA and Novamont SpA, recently acquired by Versalis SpA. In 2023, a total of 28 new first filing patent applications were filed, derived from the protection of the results generated by internal R&D activities and by the external network of cooperation. There included 14 new patent applications directly targeted at developing technologies in the field of renewable sources (biofuels, solar and green chemistry).
In addition to patent applications, 9 further intellectual property rights mostly generated through copyright protection of software relating to algorithms supporting operations in the area of Natural Resources. The increase in the total number of rights in the portfolio of intellectual property rights (9,893 compared to 8,029 in 2022) is only partially due to the generation of new patent rights to protect the territorial boundary of interest for Eni's businesses. A substantial contribution to the portfolio's growth (more than 1,500 IP stocks) came from acquisitions aimed at strengthening Versalis' position in the renewable chemicals sector: Finproject, Italy's leading industrial group in the compounding sector and the production of ultra-lightweight products, and Novamont, a world leader in the production of bioplastics and the development of biochemicals and bioproducts. The marginal change in the average age (9.6 years compared to 9.2 in 2022) is attributable to fluctuations in the composition of the patent portfolio.
Research and technological innovation are essential pillars for Eni in its commitment to make access to energy resources more efficient and effective, with the aim of reducing the Net Carbon Footprint. This vision is based on the synergetic utilisation of the skills present in all areas of the company, oriented towards the challenges of an ever-changing energy landscape. The strategic directives, which serve as guidelines for Eni's technological endeavours, are divided into the following points:
-
Decarbonization of processes: this objective focuses on various strategies to reduce the environmental impact of industrial processes.
Eni is committed not only to reducing CO2 emissions directly, but also to developing
technologies to capture and store CO2. By adopting more efficient processes and introducing energy carriers with a lower carbon footprint, the company aims to improve energy efficiency overall and promote the adoption of
more sustainable solutions in the entire energy production chain;
- circular economy and bio-products:to embrace a circular approach, favouring the transformation of waste and by-productsinto useful resources. Through the promotion of biorefining and the use of bio-basedproducts, the company aims to reduce its dependency on non-renewablesources and contribute to a more sustainable mobility. Furthermore, Eni is committed to investing in the production of chemical products from renewable and more sustainable raw materials, with the aim of reducing the environmental impact of its activities;
- renewable energy and new technologies: to develop sustainable energy solutions, with a special focus on renewable energy and energy storage technologies. The company invests in innovative projects that make the most of the potential of such sources as solar, marine and
wind power. In addition, Eni is pioneering the development of cutting-edge technologies such as magnetic confinement fusion, which could revolutionise the global energy landscape;
- operational excellence: to achieve even higher levels of efficiency and safety by adopting state-of-the-art technology. The company invests in automated and digital systems to optimise operational processes while reducing environmental impact and operating costs. Through constant improvement of safety practices and protocols, Eni aims to ensure a safe working environment and to promote a corporate culture focused on excellence and more sustainable.
The expenditure on research and development is in line with the previous Strategic Plan, amounting to about €868 million over the period 2024-2027. The investment priorities reflect the historical distribution of expenditure over the past five years.
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Carbon neutrality by 2050
CARBON | OPERATIONAL | ALLIANCES FOR | 11 | ||||||
INTRODUCTION | NEUTRALITY | EXCELLENCE | DEVELOPMENT | ANNEXES | |||||
For more information | Eni for 2023 - A Just Transition |
MAIN TARGET INDICATORS(a)
2019 | 2020 | 2021 | 2022 | 2023 | Target | SDGs target | |||||
Net Carbon Footprint upstream (Scope 1+2)(b) | (million tonnes CO2eq.) | 14.8 | 11.4 | 11.0 | 9.9 | 8.9 | UPS Net Zero 2030 | ||||
Net Carbon Footprint Eni (Scope 1+2) | 37.6 | 33.0 | 33.6 | 29.9 | 26.1 | Eni Net Zero 2035 | |||||
Net GHG Lifecycle Emissions (Scope 1+2+3) | 501 | 439 | 456 | 419 | 398 | Net Zero 2050 | |||||
Net Carbon Intensity (Scope 1+2+3) | (gCO | eq./MJ) | 68 | 68 | 67 | 66 | 65.6(b) | Net Zero 2050 | |||
2 | |||||||||||
Carbon credits, including Natural Climate Solutions | (MtCO2/y) | 0 | 1.5 | 2 | 3 | 5.9 | <25 2050 | ||||
Volume of hydrocarbons released to flaring | 3 | zero 2025 (subject | |||||||||
(billion Sm | ) | 1.2 | 1.0 | 1.2 | 1.1 | 1.0 | to project execution | ||||
routine (upstream)(c) | |||||||||||
in Libya) | |||||||||||
Methane emissions from upstream fugitives | (kton CH4) | 21.9 | 11.2 | 9.2 | 7.2 | 6.0 | -80% 2025 vs. 2014 | ||||
(Scope 1)(c) | (achieved in 2019) | ||||||||||
Emissive intensity of methane (upstream)(c) | (%) | 0.10 | 0.09 | 0.09 | 0.08 | 0.06 | well below 0.2% 2025 | ||||
Renewable installed capacity(d) | (MW) | 190 | 351 | 1,188 | 2,256 | 3,056 | >15 GW 2030 | ||||
Capacity of biorefineries | (million tonnes/y) | 1.1 | 1.1 | 1.1 | 1.1 | 1.65 | >5 million tons/year | 12.2 13.1 | |||
2030 | |||||||||||
- Where not otherwise specified, indicators are accounted for on an equity basis.
- GHG emissions associated with the lifecycle of energy products sold by Eni. For more information, see the GHG Statement.
- Accounted for 100% of assets operated/cooperated.
- This KPI represents Eni's share and relates primarily to Plenitude.
NET CARBON INTENSITY: this indicator is calculated as the ratio of the Net GHG Lifecycle Emissions to the energy content of energy products sold by Eni. 2023 saw a slight reduction of the indicator (-1%)mainly due to the lower emissive impact of the third-partygas portfolio mix and the gradual growth of renewable energy generation.
CARBON CREDITS: the carbon credits Eni uses, obtained mainly from NCS, are high quali- ty, generated and certified according to international standards by entities specialised in forest conservation programmes. Carbon credits used in 2023 amounted to 5.9 MtCO2eq., up from 3 MtCO2eq. in 2022. In 2023, emissions of 2.4 million tonnes of CO2eq.10 were offset by Plen- itude, using carbon credits, obtained mainly from NCS.
UPSTREAM ROUTINE FLARING VOLUMES: the volumes of hydrocarbons sent for routine flaring in Upstream operated/cooperated assets decreased by around 8% compared to 2022, mainly
due to energy efficiency and flaring down interventions in Egypt, Nigeria, and Ghana.
UPSTREAM METHANE FUGITIVE EMISSIONS : Upstream fugitive emissions are improving (they decreased by about -30ktCO2eq. compared with 2022) thanks to LDAR (Leak Detection And Repair) campaigns performed periodically and covering 99.7% of the assets managed by Eni (full coverage is expected by 2024).
UPSTREAM METHANE EMISSION INTENSITY : Upstream methane emissions were significantly reduced (-21%)compared to 2022, mostly thanks to the monitoring campaigns carried out in line with the requirements of the Oil & Gas Methane Partnership 2.0. In 2023, United Nations Environment Programme (UNEP) awarded Eni the "Gold Standard" OGMP 2.0 reporting level. Therefore, methane emissions intensity11 is improving and equal to 0.06% compared to 0.08% in 2022, in line with Eni's commitment to maintain it well below 0.2%.
INSTALLED CAPACITY FROM RENEWABLE SOURCES: in 2023, Plenitude reached an installed renewable capacity of 3.1 GW (+35% and +0.8 GW compared to 2022). This increment was mainly realized through acquisitions made in Spain (Bonete) and the United States (Kellam), the organic development of projects in Italy, Spain, and Kazakistan, as well as the acquisition of three photovoltaic plants in the United States, with a total capacity of approximately 0.38 GW (agreement signed in De- cember 2023 and transaction closing in February 2024). Renewable electricity production reached
4.2 TWh (+50% compared to 2022), mainly thanks to the contribution of acquired assets and the commissioning of organically developed projects. BIOREFINING CAPACITY: biorefining capacity is being increased through the acquisition of a 50% stake in the Chalmette biorefinery in the US. The production of biofuels is increasing (+48% com- pared to 2022) benefiting from the contribution of the Chalmette biorefinery and the higher volumes processed at the Gela biorefinery.
Eni reports its GHG emissions consistently with leading international standards and industry best practices5. In particular, Scope 1 and 2 emissions are accounted for both as operated assets (100% of emissions from assets over which Eni has operational control) and equity assets (for assets operated by Eni and third parties). Scope 3 emissions are reported according to the categories defined by the GHG Protocol standard/IPIECA guidelines. The most relevant component for the Oil&Gas segment consists of emissions related to the final consumption of products sold (so-called Category 11). The accounting is performed on an equity share based on the prevailing business segment (upstream hydrocarbon production sold). From 2020, Eni has added a supply chain methodology6 to its usual reporting approach that allows for an integrated accounting of GHG emissions (Scope 1+2+3) related to the lifecycle of energy products sold by Eni (from a Well-to-Wheel perspective), net of carbon offsets. The volumes of energy products and emissions generated along the entire
value chain are quantified based on equity assets and an extended boundary, which includes both own production and volumes purchased from third parties. Eni has adopted this approach to define its medium to long-term decarbonisation targets, both in terms of absolute emissions, Net GHG Lifecycle Emissions, and emissive intensity, Net Carbon Intensity.
The performance of key indicators for Eni's targets are described below. The net indicators are calculated on an equity basis, offset by high-quality carbon credits8. The indicators regarding the operated assets cover 100% of GHG emissions both from assets which Eni has operational control over - implying that the Company can implement its policies and operating procedures, even when it owns less than 100% of the assets - and from joint operating companies.
NET CARBON FOOTPRINT UPSTREAM: the indicator considers Scope 1 and 2 GHG emissions from upstream assets operated by Eni and by third parties, net of offsets (generated mainly via NCS
Eni for 2023 - A Just Transition - Eni's Carbon Offset Initiatives). In 2023, the indicator improved by about 10% compared to 2022, thanks to optimization and efficiency measures in operational management.
NET CARBON FOOTPRINT ENI: the indicator considers Scope 1 and 2 GHG emissions from the assets operated by Eni and by third parties, net of the offsets (generated mainly via NCS). In 2023, the indicator improved by about 13%, mainly due to decreased emissions related to the Power9, GGP, Upstream, and Chemicals businesses.
NET GHG LIFECYCLE EMISSIONS: this indicator refers to the absolute Scope 1, 2, and 3 GHG emissions associated with all energy products sold by Eni, including both those deriving from its own production and those purchased from third parties. In 2023, the indicator decreased by about 5% compared to 2022, mainly driven by the decline in gas sales in the GGP sector. Carbon credits offset 5.9 MtCO2eq. (vs. 3 MtCO2eq. in 2022).
5 For example, the WBCSD/WRI GHG Protocol Initiative, the Corporate Accounting and Reporting Standard and the IPIECA/API/IOGP Petroleum industry guideline for reporting greenhouse gas emissions in 2011. 6 The methodology has been developed in collaboration with independent experts and is progressively improving to reflect the latest developments in emission reporting standards.
7 The perimeter does not include the contribution of the Chemical sector.
8 For more information, see Eni for 2023 - A Just Transition - Eni's Carbon Offset Initiatives.
9 Due to lower production and the change in Eni's shareholding.
10 Of these, 1.6 MtCO2eq., related to the gas consumption invoiced to Plenitude customers on September, 30th 2023, were offset in February 2024. By September 2024, however, the remaining part related to gas consumption will be offset in the fourth quarter of 2023.
11 The indicator is calculated as the ratio of the direct upstream methane emissions (from natural gas and oil production) to the sold natural gas production of the upstream operated/cooperated assets.
12 | 2023 SUSTAINABILITY PERFORMANCE | HOME |
CARBON | OPERATIONAL | ALLIANCES FOR | 13 | ||||||
INTRODUCTION | NEUTRALITY | EXCELLENCE | DEVELOPMENT | ANNEXES | |||||
GHG EMISSIONS(a)
2019 | 2020 | 2021 | 2022 | 2023 | SDGs target | |||
Net GHG Emissions (Scope 1+2+3)(b) | (million tonnes CO | eq.) | 241 | 218 | 210 | 194 | 200 | |
2 | ||||||||
Direct GHG emissions (Scope 1) | 41.20 | 37.76 | 40.08 | 39.39 | 38.69 | 13.1 | ||
of which: CO2 equivalent from combustion and process | 32.27 | 29.70 | 30.58 | 29.77 | 28.67 | |||
of which: CO2 equivalent from flaring | 6.49 | 6.13 | 7.14 | 6.71 | 6.81 | |||
of which: CO2 equivalent from venting | 1.88 | 1.64 | 2.12 | 2.72 | 3.04 | |||
of which: CO2 equivalent from methane fugitive emissions | 0.56 | 0.29 | 0.24 | 0.20 | 0.17 | |||
Direct GHG emissions (Scope 1) by sector | ||||||||
Exploration & Production | 22.75 | 21.10 | 22.29 | 21.53 | 22.92 | |||
Global Gas & LNG Portfolio | 0.25 | 0.36 | 1.01 | 2.09 | 0.69 | |||
Refining & Marketing and Chemicals | 7.97 | 6.65 | 6.72 | 6.00 | 5.69 | |||
Plenitude & Power | 10.22 | 9.63 | 10.04 | 9.76 | 9.36 | |||
Corporate and other activities | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | |||
Direct GHG emissions (Scope 1) by geographical area | ||||||||
Italy | 18.69 | 16.80 | 17.17 | 16.39 | 15.67 | |||
Rest of Europe | 1.22 | 1.13 | 1.10 | 0.71 | 0.68 | |||
Africa | 18.45 | 17.24 | 19.24 | 19.57 | 19.44 | |||
Americas | 0.67 | 0.41 | 0.37 | 0.40 | 0.59 | |||
Asia and Oceania | 2.17 | 2.18 | 2.20 | 2.32 | 2.31 | |||
Direct GHG emissions (Scope 1) by gas | ||||||||
CO2 | 39.37 | 36.12 | 38.44 | 37.89 | 37.50 | |||
CH4 | 1.63 | 1.40 | 1.37 | 1.24 | 0.98 | |||
N2O | 0.20 | 0.25 | 0.27 | 0.27 | 0.21 | |||
Carbon efficiency index (Scope 1 + Scope 2) | (tonnes CO2eq./kboe) | 31.41 | 31.64 | 31.95 | 32.67 | 31.90 | 13.1 | |
Direct GHG emissions (Scope 1)/100% operated hydrocarbon | 19.58 | 19.98 | 20.19 | 20.64 | 20.69 | 13.1 | ||
gross production (upstream) | ||||||||
Direct GHG emissions (Scope 1)/equivalent electricity | (gCO2eq./kWheq.) | 394 | 391.4 | 379.6 | 392.9 | 389.0 | 13.1 | |
produced (Enipower) |
Below is a performance summary for the main emissions indicators at the group and business line levels. From this reporting cycle, Eni introduced the Net GHG Emissions Scope 1+2+3 indicator, which considers equity assets and is not associated with any corporate target.
The indicator is calculated as the sum of the net GHG emissions Scope 1, 2, and Scope 3 emissions from the use of products sold (Cat. 11 - calculated based on the production of upstream hydrocarbons on an equity basis). In 2023, Net GHG Emissions (Scope 1+2+3) were substantially in line (+3%) compared to 2022. For more information, see Eni for 2023 - A Just Transition - Carbon Neutrality.
Eni's Scope 1 GHG emissions from assets operated/cooperated in 2023 amounted to 38.7 million tons of CO2eq., a slight reduction compared to 2022, mainly due to the decrease of emissions in the chemicals, power and GGP businesses, partially compensated for by the increase in the Upstream sector.
Eni's Scope 2 GHG emissions decreased by about 8% in 2023 compared to 2022 due to the lower consumption of Chemicals and Upstream sectors. These emissions concern energy purchases from third parties for the consumption of operated assets. They are marginal as Eni generates most of its electricity through its own installations.
Eni's Scope 3 GHG emissions are accounted for following the IPIECA guidelines, which require
an activity-based analysis. Among these, GHG emissions from the final consumption of products sold (the so-called Scope 3, Cat. 11 end use) constitute the largest part, and are calculated based on upstream production in equity share. In 2023, Scope 3 emissions, Category 11 end-use, increased by 6% compared to 2022, mainly due to increased upstream production. For the other Scope 3 emission categories, the trend is broadly flat over the 2016-2023 period and details are provided in the GHG Statement.
EXPLORATION & PRODUCTION
The direct GHG emissions (Scope 1) of operated/ cooperated upstream assets amount to about 23 MtCO2eq., up 6.5% compared to 2022, mainly due to increased production and boundary changes. Cooperated direct GHG emissions (Scope 1) from the Upstream sector for 2023 amount to about 15.4 MtCO2eq. The operated/ cooperated Scope 1 GHG emissions intensity index is essentially stable compared to 2022 (23% reduction compared to 2014). It should be specified that despite the Group's efforts in recent years aimed at achieving the target of reducing this indicator in 2025 by 43% compared to 2014, the Covid and the implementation of the Flaring Down and CCS Projects in Libya, currently being carried out by Mellitah Oil and Gas, an Eni and
NOC cooperated company, have slowed down its achievement, causing a delay compared to the initially planned timeline.
GLOBAL GAS & LNG
PORTFOLIO
Direct GHG emissions (Scope 1) of 0.69 million tonnes CO2eq. show a decreasing trend compared to 2022 due to the removal of the TTPC (Trans Tunisian Pipeline Company) and TMPC (Trans Mediterranean Pipeline Company) pipelines from the reporting boundary.
REFINING & MARKETING AND CHEMICALS
Direct GHG emissions (Scope 1) showed a reduction (-5%) compared to 2022, mainly due to the chemicals sector, as a result of the new Porto Marghera facility. Direct GHG emissions (Scope 1)/refinery throughputs (raw and semi- finished materials) substantially aree stable compared to 2022.
PLENITUDE & POWER
Direct GHG emissions (Scope 1) fell by 4% compared to 2022 in line with the lower production levels of the power plants. The index for direct GHG emissions (Scope 1)/electricity equivalent produced (Enipower) is improving compared to 2022 as a result of the production set-up.
Direct GHG emissions (Scope 1)/refinery throughputs | (tonnes CO2eq./ktonnes) | 248 | 248 | 228 | 233 | 232 | 13.1 | ||||
(raw and semi-finished materials) | |||||||||||
Direct methane emissions (Scope 1) | (ktonnes CH4) | 65.3 | 55.9 | 54.5 | 49.6 | 39.1 | 13.1 | ||||
Volumes of hydrocarbon sent to flaring | (billion Sm3) | 1.9 | 1.8 | 2.2 | 2.1 | 2.1 | 13.1 | ||||
Production of hydrocarbons in equity | (kboe/day) | 1,871 | 1,733 | 1,682 | 1,610 | 1,692 | |||||
Gross production hydrocarbons 100% operated | (million boe) | 1,114 | 1,009 | 1,041 | 980 | 1,034 | |||||
CO | 2 | emissions from Eni plants subject to EU ETS(c) | (million tonnes CO | 2 | eq.) | 19.57 | 17.32 | 17.74 | 16.72 | 16.03 | |
Quotas allocated to Eni plants subject to EU ETS(c) | 7.73 | 6.84 | 5.32 | 4.95 | 4.48 | ||||||
Indirect GHG emissions (Scope 2) | (million tonnes CO2eq.) | 0.69 | 0.73 | 0.81 | 0.79 | 0.73 | 13.1 | ||||
Indirect GHG emissions (Scope 3) | 13.1 | ||||||||||
of which: from use of sold products(d) | 204 | 185 | 176 | 164 | 174 | ||||||
of which: from the processing of sold products | 11.8 | 11.6 | 11.1 | 9.9 | 10.5 | ||||||
of which: from electricity (purchased and sold)(e) | 6.3 | 6.0 | 6.1 | 1.7 | 1.4 | ||||||
of which: from purchased goods and services | 2.0 | 1.3 | 1.4 | 1.5 | 1.7 | ||||||
(supply chain) | |||||||||||
BIOFEEDSTOCK YEAR 2023 USED IN ENI BIOREFINERIES IN ITALY
Country | Biomass Type | FEEDSTOCK VENICE+GELA |
(KTONNES)(a) | ||
Italy | Soybean or Sunflower Oil | 10 |
India | Canola, castor or cotton oil | 2 |
Other | Canola, castor or cotton oil | 3 |
Indonesia | Waste and residues (Used Cooking Oils, from vegetable oil processing and other industrial recovered oils) | 422 |
Malaysia | Waste and residues (Used Cooking Oils, from vegetable oil processing and other industrial recovered oils) | 121 |
Italy | Waste and residues (Used Cooking Oils, from vegetable oil processing and other industrial recovered oils) | 21 |
China | Waste and residues (Used Cooking Oils, from vegetable oil processing and other industrial recovered oils) | 18 |
Other | Waste and residues (Used Cooking Oils, from vegetable oil processing and other industrial recovered oils) | 5 |
TOTAL | 602.6 |
(a) Feedstock related to production sold in 2023 certified sustainable with Proof Of Sustainability (POS, as per certification schemes) issued during the year 2023.
of which: from transportation and distribution of products | 1.6 | 1.3 | 1.4 | 1.3 | 1.3 | ||
of which: from business travel and employees commuting | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | ||
of which: from other contributions | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | ||
Sold production of biofuels | (ktonnes) | 256 | 622 | 585 | 428 | 635 | 12.2 13.1 |
GHG emissions avoided thanks to renewable electricity | (million tonnes CO2eq.) | 22,7 | 187 | 512 | 1,211 | 1,541.5 | |
production by Plenitude |
(a) Unless otherwise stated, emissive and consumption KPIs refer to 100% data of assets operated/cooperated. Direct emissions of GHG (Scope 1) cooperate related to the upstream sector amounted to approx. 15.4 |
million tonnes in 2023. |
(b) Net Carbon Footprint Eni (Scope 1+2) plus indirect GHG emissions (Scope 3) from products sold; accounted in equity terms. |
(c) In continuity with previous years, 2023 also includes the UK contribution. |
(d) Category 11 of the GHG Protocol - Corporate Value Chain (Scope 3) Standard. Estimated based on upstream production sold at Eni's share in line with IPIECA methodologies (non-profit association of O&G for |
environmental and social issues). |
(e) From 2022, the calculation considers the geographical breakdown of electricity sales and the contribution of energy sales certified through Guarantees of Origin, fed into the network and produced by plants |
As part of its responsible approach to biomass12, Eni is committed to transparency and dissemination of information relating to the biomasses used and the Country of origin, providing this information once a year. In 2023, Eni completed the acquisition of 50% of the St. Bernard Renewables biorefinery in the US through the creation of a dedicated JV with PBF. The
biorefinery started production in June 2023 and over the year the feedstocks used were vegetable oils (soyabean and maize), used vegetable oils and animal fats, more than 85% of which came from the USA. Furthermore, it should be noted that in 2023 Versalis used about 12 ktons of wood chips to fuel a biomass boiler and about 121 ktons to produce bioethanol, in addition
to more than 1.5 ktons of wheat straw and 1.1 ktons of dairy permeate at the Crescentino site, all sourced from Italy. In addition, approximately 64 tonnes of sunflower oil from Italian and/or EU origin seeds processed in Italy or obtained from EU or non-EU origin crude oil refined in Italy were used for formulation purposes at the Versalis site in Mantua.
powered by 100% renewable sources. For more details, see the GHG Statement. |
12 For Eni's position on biomass see: https://www.eni.com/en-IT/sustainability/decarbonization/biomass.html.
14 | 2023 SUSTAINABILITY PERFORMANCE | HOME |
ENERGY EFFICIENCY
2019 | 2020 | 2021 | 2022 | 2023 | SDGs target | ||
Electricity produced by type of source | (TWh) | 27.251 | 26.352 | 28.736 | 29.024 | 29.602 | 7.1 |
of which: from natural gas | 25.305 | 24.555 | 27.219 | 24.352 | 24.209 | ||
of which: from petroleum products | 1.879 | 1.473 | 0.920 | 1.969 | 1.191 | ||
of which: from renewable sources(a) | 0.067 | 0.324 | 0.597 | 2.702 | 4.202 | ||
Energy Intensity Index (refineries) | (%) | 112.7 | 124.8 | 116.4 | 115.5 | 123.0 | 7.3 |
Energy consumption from production activities/100% operated hydrocarbon gross | (GJ/toe) | 1.39 | 1.52 | 1.45 | 1.41 | 1.45 | 7.3 12.2 |
production (upstream) | |||||||
Net consumption of primary resources/equivalent electricity produced (Enipower) | (toe/MWheq.) | 0.17 | 0.17 | 0.16 | 0.18 | 0.16 | 7.3 |
Primary source consumption | (millions of GJ) | 538.8 | 515.3 | 529.1 | 484.4 | 497.5 | 12.2 |
of which: natural/fuel gas | 426.1 | 421.8 | 429.0 | 395.1 | 413.9 | ||
of which: other primary sources | 112.8 | 93.4 | 100.1 | 89.3 | 83.6 | ||
Primary energy purchased from other companies | 15.7 | 20.2 | 21.7 | 17.6 | 17.1 | 12.2 | |
of which: electricity | 13.0 | 16.9 | 18.3 | 15.1 | 15.0 | ||
of which: other sources(b) | 2.7 | 3.3 | 3.4 | 2.5 | 2.0 | ||
Hydrogen consumption | 0.0 | 1.8 | 1.7 | 1.3 | 1.6 | ||
Total energy consumption | 554.6 | 537.3 | 552.5 | 503.2 | 516.2 | ||
Energy consumption from renewable sources | 0.4 | 0.9 | 1.5 | 1.2 | 1.3 | ||
of which: electricity from photovoltaics | 0.4 | 0.7 | 0.6 | 0.0 | 0.1 | ||
of which: biomass | 0.0 | 0.2 | 0.9 | 1.1 | 1.2 | ||
Export of electricity to other companies | 147.7 | 167.7 | 183.0 | 177.8 | 192.7 | ||
Export of heat and steam to other companies | 5.3 | 5.7 | 5.4 | 5.7 | 5.2 | ||
Regular fuel savings resulting from energy saving projects | (ktoe/y) | 303 | 287 | 391 | 423 | 394 | 7.3 |
- The perimeter of the figure is in operatorship consistent with the other HSE data and differs from that published in the Non-Financial Statement represented in equity (evaluate to insert value), in line with Eni's objective on capacity installed from renewable sources.
- Includes steam, heat and hydrogen.
CARBON | OPERATIONAL | ALLIANCES FOR | 15 | ||||||
INTRODUCTION | NEUTRALITY | EXCELLENCE | DEVELOPMENT | ANNEXES | |||||
Operational excellence
PEOPLE
For more information | Eni for 2023 - A Just Transition |
EMPLOYMENT
2019 | 2020 | 2021 | 2022 | 2023 | SDGs target | |
Employees as of December 31st(a) | (number) 31,321 | 30,775 | 31,888 | 31,376 | 32,321 | 8.5 |
Men | 23,731 | 23,216 | 23,528 | 22,949 | 23,472 | |
Women | 7,590 | 7,559 | 8,360 | 8,427 | 8,849 | 5.1 |
Italy | 21,078 | 21,170 | 20,632 | 20,471 | 21,336 | |
Permanent | 21,055 | 21,162 | 20,512 | 20,340 | 21,168 | |
Fixed-term | 23 | 8 | 120 | 131 | 168 | |
Part-time | 415 | 359 | 324 | 287 | 261 | |
Full-time | 20,663 | 20,811 | 20,308 | 20,184 | 21,075 | |
Atypical temporary workers (agency workers, contractors, etc.) | 92 | 65 | 100 | 259 | 329 | |
Abroad | 10,243 | 9,605 | 11,256 | 10,905 | 10,985 | |
Africa | 3,371 | 3,143 | 3,189 | 2,867 | 2,711 | |
Permanent | 3,084 | 2,908 | 2,946 | 2,635 | 2,425 | |
Fixed-term | 287 | 235 | 243 | 232 | 286 | |
Part-time | 0 | 0 | 0 | 0 | 0 | |
Full-time | 3,371 | 3,143 | 3,189 | 2,867 | 2,711 | |
Atypical temporary workers (agency workers, contractors, etc.) | 1,791 | 1,747 | 1,816 | 1,748 | 1,676 | |
Americas | 1,005 | 925 | 1,731 | 1,872 | 1,930 |
In 2023, Eni's primary energy consumption increased overall due to the entry of new upstream assets in Algeria (in Amenas and in Salah), with an increase in fuel gas consumption. The total energy consumed amounted to 516.2 million GJ of which 234 million GJ by Exploration & Production, 159 million GJ by Plenitude & Power, 110 million GJ by R&M and Chemicals, 12 GJ by Global Gas & LNG Portfolio and Corporate and 1.4 million GJ by other businesses. Energy efficiency interventions implemented in the year resulted in actual primary energy savings
compared to baseline consumption of about 394 ktoe/year, resulting mainly from upstream projects (about 86%), with an emission reduction benefit of about 1 million tons of CO2eq. Considering also Scope 2 emissions, i.e., those from power and heat purchase, the net CO2 savings from energy saving projects amount to about 1.03 million tonnes of CO2eq. The E&P sector made a major contribution to this result, with 68 energy efficiency initiatives (implemented in 14 companies in 12 different Countries), allowing savings of about 340 ktoe/
year. The most significant measures concerned the revamping of compression units for gas export or reinjection, adaptation of equipment to new operating conditions, thermal integration of adjacent plants, optimization of the production network and optimized management of the electricity generation and electrification system with imports from the national grid. Other Scope 1 GHG emission reduction measures from stationary combustion, such as fuel substitution (e.g. diesel vs. fuel gas) and renewable energy, are also monitored within the Plan.
Permanent | 964 | 891 | 1,577 | 1,623 | 1,780 |
Fixed-term | 41 | 34 | 154 | 249 | 150 |
Part-time | 0 | 0 | 125 | 156 | 1 |
Full-time | 1,005 | 925 | 1,606 | 1,716 | 1,929 |
Atypical temporary workers (agency workers, contractors, etc.) | 18 | 18 | 23 | 8 | 82 |
Asia | 2,662 | 2,432 | 2,786 | 2,520 | 2,506 |
Permanent | 2,386 | 2,201 | 2,521 | 2,267 | 2,270 |
Fixed-term | 276 | 231 | 265 | 253 | 236 |
Part-time | 0 | 0 | 11 | 14 | 1 |
Full-time | 2,662 | 2,432 | 2,775 | 2,506 | 2,505 |
Atypical temporary workers (agency workers, contractors, etc.) | 322 | 300 | 566 | 321 | 336 |
Australia and Oceania | 88 | 87 | 88 | 89 | 101 |
Permanent | 88 | 87 | 88 | 89 | 101 |
Fixed-term | 0 | 0 | 0 | 0 | 0 |
Part-time | 5 | 4 | 4 | 4 | 4 |
Full-time | 83 | 83 | 84 | 85 | 97 |
Atypical temporary workers (agency workers, contractors, etc.) | 3 | 2 | 3 | 2 | 4 |
Rest of Europe | 3,117 | 3,018 | 3,462 | 3,557 | 3,737 |
Permanent | 2,994 | 2,916 | 3,369 | 3,470 | 3,639 |
Fixed-term | 123 | 102 | 93 | 87 | 98 |
Part-time | 116 | 122 | 125 | 114 | 109 |
Full-time | 3,001 | 2,896 | 3,337 | 3,443 | 3,628 |
Atypical temporary workers (agency workers, contractors, etc.) | 329 | 262 | 320 | 354 | 366 |
(continued)
16 | 2023 SUSTAINABILITY PERFORMANCE | HOME |
EMPLOYMENT (continued)
2019 | 2020 | 2021 | 2022 | 2023 | SDGs target | ||
Employees abroad by category: | (number) | ||||||
Locals | 8,320 | 8,327 | 9,951 | 9,521 | 9,486 | 8.5 10.1 | |
Italian expatriates | 1,360 | 968 | 992 | 1,001 | 1,001 | ||
International expatriates (including Third Country National) | 563 | 310 | 313 | 383 | 498 | ||
Employees by sector(b): | |||||||
Exploration & Production | 10,248 | 9,794 | 9,392 | 8,689 | 8,785 | ||
Global Gas & LNG Portfolio | 646 | 634 | 698 | 712 | 512 | ||
Refining & Marketing and Chemicals | 11,019 | 10,872 | 12,472 | 12,513 | 13,463 | ||
Plenitude, Power, Renewables | 2,020 | 2,058 | 2,429 | 2,759 | 2,983 | ||
Corporate and Other Activities | 7,388 | 7,417 | 6,897 | 6,703 | 6,578 | ||
Seniority | (years) | 17.41 | 17.79 | 16.96 | 16.42 | 15.24 | |
Local employees abroad | (%) | 81 | 87 | 88 | 87 | 86 | |
Local employees abroad by professional category: | (number) | 8.5 | |||||
Senior managers | 46 | 46 | 63 | 64 | 62 | ||
Middle managers | 1,659 | 1,791 | 1,967 | 1,870 | 1,801 | ||
White collars | 4,606 | 4,518 | 4,617 | 4,697 | 4,771 | ||
Blue collars | 2,009 | 1,972 | 3,304 | 2,890 | 2,852 | ||
Local senior managers & middle managers abroad | (%) | 16.65 | 19.13 | 18.03 | 17.73 | 18.27 | 8.5 10.1 |
Non-Italian employees in positions of responsibility | 17.3 | 18.6 | 20.6 | 19.8 | 19.1 | ||
Local employees in the Upstream sector | 8.5 10.1 | ||||||
of which: historical presence Countries | 86 | 92 | 90 | 91 | 90 | ||
of which: recent entry Countries | 30 | 37 | 48 | 48 | 48 | ||
Employees in non-consolidated and proportionally consolidated subsidiaries(c) | (number) | 29,542 | 29,770 | 29,585 | 28,736 | 29,142 | |
of which: local | 28,810 | 29,199 | 29,001 | 28,009 | 28,510 | ||
Permanent employees | 30,571 | 30,165 | 31,111 | 30,424 | 31,383 | 8.5 | |
of which: men | 23,228 | 22,826 | 23,001 | 22,299 | 22,788 | ||
of which: women | 7,343 | 7,339 | 8,110 | 8,125 | 8,595 | ||
Fixed-term employees | 750 | 610 | 777 | 952 | 938 | 8.5 | |
of which: men | 503 | 390 | 527 | 650 | 684 | ||
of which: women | 247 | 220 | 250 | 302 | 254 | ||
Employees with full-time contracts | 30,785 | 30,290 | 31,423 | 30,801 | 31,945 | 8.5 | |
of which: men | 23,693 | 23,175 | 23,472 | 22,875 | 23,429 | ||
of which: women | 7,092 | 7,115 | 7,951 | 7,926 | 8,516 | ||
Employees with part-time contracts | 536 | 485 | 465 | 575 | 376 | 8.5 | |
of which: men | 38 | 41 | 56 | 74 | 43 | ||
of which: women | 498 | 444 | 409 | 501 | 333 | ||
Non-employees (atypical temporary workers) | 2,555 | 2,394 | 2,828 | 2,692 | 2,793 | ||
of which: men | 2,039 | 1,928 | 2,218 | 2,075 | 2,109 | ||
of which: women | 516 | 466 | 610 | 617 | 684 | ||
Average age | (years) | 45.4 | 45.8 | 45.1 | 45.1 | 44.7 | |
New hires with permanent contracts(d) | (number) | 1,855 | 607 | 967 | 1,796 | 1,949 | 8.5 |
Italy | 1,254 | 346 | 458 | 1,096 | 1,329 | ||
Abroad | 601 | 261 | 509 | 700 | 620 | ||
Africa | 72 | 31 | 40 | 62 | 20 | ||
Americas | 129 | 23 | 84 | 91 | 96 | ||
Asia | 24 | 9 | 103 | 127 | 85 | ||
Australia and Oceania | 4 | 0 | 4 | 8 | 15 | ||
Rest of Europe | 372 | 198 | 278 | 412 | 404 | ||
CARBON | OPERATIONAL | ALLIANCES FOR | 17 | ||||||
INTRODUCTION | NEUTRALITY | EXCELLENCE | DEVELOPMENT | ANNEXES | |||||
EMPLOYMENT (continued)
2019 | 2020 | 2021 | 2022 | 2023 | SDGs target | ||
Rate of turnover(e) | (%) | 9.8 | 6.1 | 10.5 | 12.6 | 12.5 | |
Italy | 8.7 | 5.4 | 9.3 | 11.5 | 11.3 | ||
Abroad | 12.5 | 8.1 | 13.5 | 14.9 | 15.1 | ||
Africa | 4.8 | 3.2 | 5.0 | 4.3 | 3.1 | ||
Americas | 20.9 | 11.2 | 25.5 | 16.9 | 19.9 | ||
Asia | 4.5 | 2.6 | 11.9 | 15.4 | 14.7 | ||
Australia and Oceania | 6.9 | 1.1 | 10.2 | 18.4 | 29.9 | ||
Rest of Europe | 20.6 | 14.5 | 18.8 | 21.4 | 20.9 | ||
Terminations of permanent contracts(d) | (number) | 1,198 | 1,323 | 2,275 | 2,215 | 1,942 | |
of which: resignations | 441 | 364 | 602 | 836 | 622 | ||
of which: retirements | 664 | 764 | 1,542 | 1,247 | 1,059 | ||
of which: layoffs | 72 | 140 | 86 | 87 | 231 | ||
of which: other | 21 | 55 | 45 | 45 | 30 |
- The data differ from those published in the Annual Report, because they include only fully consolidated companies.
- The breakdown of employees by sector was updated following the redefinition of the "Segment Information", for the purposes of financial reporting.
- The calculation of employees in non-consolidated subsidiaries takes into account the total employees and not only the Eni employees.
- Since hiring and termination of fixed-term contracts refer to a tool that allows for flexibility in managing business needs and often occur within the year, the sustainability reporting historically has provided data on permanent contracts and terminations that represent the true dimensions of the company's management efficiency.
- Ratio of the number of Hires+Terminations for permanent contracts and permanent employment in the previous year.
EMPLOYEES BY OCCUPATIONAL CATEGORIES, AGE GROUPS AND GENDER
2019 | 2020 | 2021(a) | 2022 | 2023 | |||||||||||||||||||||
Men | Women | Total | Men | Women | Total | Men | Women | Total | Men | Women | Total | Men | Women | Total | |||||||||||
(%) | (%) | (number) | (%) | (%) | (number) | (%) | (%) | (number) | (%) | (%) | (number) | (%) | (%) | (number) | |||||||||||
Total | 75.8 | 24.2 | 31,321 | 75.4 | 24.6 | 30,775 | 75.18 | 24.82 | 29,942 | 73.14 | 26.86 | 31,376 | 72.62 | 27.38 | 32,321 | ||||||||||
Senior Manager | 83.7 | 16.3 | 1,021 | 83.7 | 16.3 | 965 | 83.39 | 16.61 | 939 | 82.49 | 17.51 | 948 | 81.83 | 18.17 | 941 | ||||||||||
Under 30 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||
30-50 | 79.1 | 20.9 | 354 | 79.1 | 20.9 | 354 | 79.29 | 20.71 | 309 | 78.85 | 21.15 | 364 | 77.58 | 22.42 | 330 | ||||||||||
Over 50 | 86.4 | 13.6 | 667 | 86.4 | 13.6 | 611 | 85.40 | 14.60 | 630 | 84.76 | 15.24 | 584 | 84.12 | 15.88 | 611 | ||||||||||
Middle managers | 72.3 | 27.7 | 9,387 | 72.3 | 27.7 | 9,172 | 71.49 | 28.51 | 9,053 | 70.33 | 29.67 | 9,056 | 69.66 | 30.34 | 9,258 | ||||||||||
Under 30 | 57.8 | 42.2 | 45 | 58.3 | 41.7 | 48 | 62.26 | 37.74 | 53 | 53.06 | 46.94 | 49 | 50 | 50 | 56 | ||||||||||
30-50 | 67.9 | 32.1 | 4,638 | 67.9 | 32.1 | 4,734 | 67.30 | 32.70 | 4,716 | 66.45 | 33.55 | 5,219 | 65.66 | 34.34 | 5,451 | ||||||||||
Over 50 | 77.8 | 22.2 | 4,704 | 77.1 | 22.9 | 4,390 | 76.21 | 23.79 | 4,284 | 75.90 | 24.10 | 3,788 | 75.77 | 24.23 | 3,751 | ||||||||||
White collars | 70.2 | 29.8 | 16,050 | 70.1 | 29.9 | 15,941 | 70.13 | 29.87 | 15,355 | 69.27 | 30.73 | 15,479 | 69.23 | 30.77 | 16,140 | ||||||||||
Under 30 | 65.1 | 34.9 | 1,465 | 63.8 | 36.2 | 1,252 | 64.29 | 35.71 | 1,193 | 62.24 | 37.76 | 1,393 | 61.73 | 38.27 | 1,782 | ||||||||||
30-50 | 71.4 | 28.6 | 8,827 | 71.3 | 28.7 | 9,327 | 70.40 | 29.60 | 8,694 | 69.75 | 30.25 | 9,031 | 69.19 | 30.81 | 9,407 | ||||||||||
Over 50 | 69.7 | 30.3 | 5,758 | 69.7 | 30.3 | 5,362 | 70.98 | 29.02 | 5,468 | 70.35 | 29.65 | 5,055 | 72.01 | 27.99 | 4,951 | ||||||||||
Blue collars | 98.0 | 2.0 | 4,863 | 97.9 | 2.1 | 4,697 | 97.65 | 2.35 | 4,595 | 86.14 | 13.86 | 5,893 | 84.90 | 15.10 | 5,982 | ||||||||||
Under 30 | 96.6 | 3.4 | 805 | 96.2 | 3.8 | 737 | 94.36 | 5.64 | 815 | 78.25 | 21.75 | 1,329 | 79.74 | 20.26 | 1,402 | ||||||||||
30-50 | 98.1 | 1.9 | 2,827 | 98.1 | 1.9 | 2,810 | 98.33 | 1.67 | 2,510 | 87.08 | 12.92 | 3,189 | 85.06 | 14.94 | 3,239 | ||||||||||
Over 50 | 98.6 | 1.4 | 1,231 | 98.5 | 1.5 | 1,150 | 98.43 | 1.57 | 1,270 | 91.56 | 8.44 | 1,375 | 89.93 | 10.07 | 1,341 |
(a) The 2021 figures in the following tables do not include the Finproject group acquired in Q4 2021.
(continued)
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Eni S.p.A. published this content on 15 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2024 11:28:08 UTC.