Eni pledges support for energy transition
Oil giant, Eni has pledged commitment to a just energy transition that will ensure access to efficient and sustainable energy.
The organisation also said it would be committed to socio-economic benefits of the path towards net zero emissions by 2050 with employees, suppliers, communities, and customers with an inclusive and transparent approach.
Eni’s Chief Executive Officer, Claudio Descalzi, said: “In addressing the challenges in the energy sector that Eni faces, we keep our priorities firmly on track with an ongoing commitment to promote energy access, local development, and environmental protection. The success of our strategy cannot be achieved without collaboration with our stakeholders, from private individuals to the public sector, international organizations, civil society associations, and research institutes.
“Today, more than ever, it is necessary to pool resources and human capital, through a broad vision that allows us to align our common goals, reduce geographical gaps and promote global human progress.”
With regards to the carbon neutrality strategy, Eni said it remained committed to net zero emissions by 2050 and confirmed all its decarbonisation targets, which are anchored on sound investments.
The company noted in the statement that it achieved a 17 per cent reduction in scope one, two and three emissions, compared to 2018 levels, and continued implementing the necessary measures to achieve scope one and two net zero emissions in the Upstream by 2030, by investing in emission-reduction technologies and developing low-carbon projects.
In this context, in 2023, Eni launched the FPSO that will be used for production from the Baleine field in Côte d’Ivoire, the most important discovery ever made in the country and the first net-zero development for Scope one and two emissions in Africa.
In Eni’s strategy, the United Nations’ Sustainable Development Goals is a fundamental reference for conducting activities in the countries of operations.
Agri-business projects, for example, embody the fundamental pillars of Eni approach for the just transition, an energy transition with a strong innovative component combined with a concrete focus on the social dimension.