dcsimg
false
Toolbox

eni and the Global Compact

eni is an integrated energy company with approximately 80,000 employees in 85 Countries around the world. eni’s corporate culture and business model make it one of the world’s leading operators in oil and gas exploration and production, refining and marketing, electricity generation, petrochemicals, engineering and construction.

eni's history, corporate culture and operating way are competitive levers to gain an international size over time, founded on a consolidated presence in different Countries around the world. Cooperation, integration, innovation, inclusion of people, excellence and responsibility drive eni's work in the continuous interaction with all the stakeholders in a clear and strict governance framework.Well combined key elements of the business model lead to wise investment choices, prevention of or mitigation of risks and the achievement of strategic objectives in the short, medium and long term.

Cooperation in the development of the territories where eni works, expresses the ability to understand local needs and the willingness to contribute to their fulfilment. eni is committed to provide concrete response to problems and needs of the Countries where it operates, in synergy with the development strategies of these Countries and with reference to the Millennium Goals. The model of cooperation with producing Countries, or rather the will to invest with a long-term prospective and the flexibility of offering solutions to the requirements of the Countries, has been an integral part of corporate strategy from the very beginning. This is now transforming into ever greater integration among the company development projects and the development of growth opportunities in the territories where eni is hosted.

eni has been able to integrate in its business the development of local energy systems, seizing new opportunities and creating the basis for development in the host Countries where energy poverty is a crucial problem.

Integration of all activities along the energy sector is a source of crucial synergies for facing market challenges and ensuring competitive advantages. The integrated approach enables greater flexibility in managing relation with producing Countries, to whom eni proposes solutions that each and every time are adapted to the specific requirements for technology, infrastructure and economic growth of the local society.

Innovation is a key element for accessing new energy resources, improving recovery from the subsoil and the efficiency of its use, ensuring respect and responsible use of natural resources. eni's commitment to technological research not only targets the development and application of innovative technologies and processes for an advanced recovery of hydrocarbons but also enhancing renewable energy and developing innovative methods of environmental conservation. Thanks to technological innovation eni offers competitive solutions and is recognised as a reliable partner in the Countries where it operates.

Excellence in running the operations hinges on making use of best practices, quality systems, advanced technology and safety systems to ensure full respect for the community and the environment. Environmental responsibility is a basic pillar of sustainable operations, especially when considering the environmental impact of the activities on the health and wellbeing of the communities who live in the territories. Examples of current projects taken forward by eni regard the reduction of polluting emissions and greenhouse gases (through energy efficiency initiatives and flaring down projects), the decrease in fresh water use, the assessments on safeguarding the ecosystems and biodiversity.

Inclusion of all eni people with their broadly expressed diversity, combines with health and safety protection in the workplace, as well as their personal development and involvement in the Company's goals. Thanks to the skills of its people and their diversity, which eni enhances inside its corporate structure, as well as to its ability to integrate with different local contexts, eni guarantees a distinctive portfolio of products and services that allows it to gain significant advantages in terms of competitiveness.

Responsibility in terms of commitment to transparency in the business management, in the fight against corruption, and in the respect for human rights in every sphere of our work, is requisite for effective contribution toward the development of Countries and societies. eni promotes the respect of human rights and the fight against corruption in all the activities under its direct control and, more broadly speaking, also in the supply chain and in the relations with all the stakeholders.

Business model

Business Model

eni's excellent strategic positioning and competitive advantages leverage on a business model for the creation of sustainable value founded on a wealth of distinctive assets, guidelines for industrial actions (drivers) deriving from strategic management choices consistent with the long-term nature of the business. Cooperation, integration, innovation, inclusion of all eni people, excellence, and responsibility inspire eni's operations in the continuous interaction with all stakeholders in a framework of stringent and clear rules of governance.

eni in the world

eni in the World chart

Cooperation, integration, innovation, excellence, inclusion and responsibility distinguish the eni modus operandi and are fully reflected in its active adhesion to and promotion of the Global Compact principles and in the contribution to the attainment of Millennium Development Goals.

In its activities, eni has established solid relationships with the stakeholders to maintain a constructive dialogue aimed at the dissemination and development of best practices that allow it to be a reliable and competitive partner. This approach is based on the respect of universal principles such as the protection of human rights, the adoption of the best standards of work, caring for the environment and communities and fighting corruption. All of this is reflected mainly in the responsibility towards all the stakeholders, through compliance with current legislation and the adoption of the best standards, the inclusion of its people through fair and non-discriminating management policies, the excellence of operations through the adoption of quality systems and advanced technologies. Furthermore the tendency to seize business opportunities in initiatives may contribute to local development. Furthermore, the integration, innovation and cooperation skills are competitive levers that allow eni to stand out from other oil & gas companies while consolidating its presence in many developing Countries and contributing to the Development Goals of the United Nations. The result of this approach were eni's membership in the Global Compact in 2001 in its capacity as a leading Italian company and the active participation in this network. In this way eni chose to strengthen its commitment to the sustainable management of its business as part of a stable and recognised network with the aim of sharing excellent practices and developing strategies and solutions to tackle common challenges. The relations with the Global Compact and the United Nation system have intensified in recent years, in consideration of the strategic value that the initiative is acquiring as part of a greater multilateral cooperation.

In November 2010, within the Global Compact, eni was invited to join the LEAD platform, an initiative reserved for the global companies deemed able to play a leading role at international level for the sustainable development by actively promoting the Millennium Development Goals of the UN. In January 2011, during the launch of the LEAD Program, eni's Chief Executive Officer pointed out the need for a global effort to be made to organise and stimulate the private sector to combat energy poverty. With the aim of supporting the Initiative of the UN Secretary-General "Sustainable Energy for All", eni promoted the Task Force on Business Action as part of the Global Compact LEAD. By 2030 the initiative intends to: ensure the universal access to modern energy services; double the growth rate for energy efficiency; double the percentage of renewable energy in the global energy mix. The Task Force is an integral part of the Initiative and has the task of assuring the contribution and commitment of the private sector. The Task Force began its activities in June 2011 and today relies on the participation of 24 multinationals, two development banks and three international organisations.

Within the LEAD platform, eni supports the "Blueprint for Corporate Sustainability Leadership" launched in 2010 and renewed its pledge to achieve the Development Goals through the presence of objectives in the sustainability plan.

eni also continued to support the Italian Global Compact Network for the distribution of the initiative in Italy. In particular, in 2011 eni participated in the annual meetings of the Local Italian Network discussing the role of public-private cooperation.

ENI AND THE GLOBAL COMPACT: INITIATIVES AND WORKING GROUPS

  Year of participation
Signing the declaration of commitment "Caring for Climate: the Business Leadership Platform" June 2007
Participation in the First Meeting of Signatories of Caring for Climate October 2008
Signing by the CEO of the Statement for the respect and support of human rights during the 60th Anniversary
of the Universal Declaration of Human Rights
December 2008
Membership in the campaign of the United Nations against Climate Change Seal the Deal! September 2009
Participation and intervention in the UN Leadership Forum on Climate Change September 2009
Membership in the Human Rights Working Group October 2009
Signing by the CEO of the Letter on UN Convention Against Corruption November 2009
Participation and intervention in the Second Meeting of the Caring for Climate Signatories April 2010
Entry in the expert group on "Business and Peace" and hands-on in the "Responsible Business in Conflict-Affected and High Risk Areas" working group May 2010
Participation in the UN Global Compact Leaders Summit 2010: Building a New Era of Sustainability June 2010
Participation in the Third UN Private Sector Forum: the Millennium Development Goals September 2010
Entry in the Global Compact LEAD January 2011
Participation in the UN Global Compact Week May 2011
Membership and participation in the LEAD Task Force: Communicating Corporate Sustainability Leadership May 2011
Development, membership and participation in the LEAD Task Force: Sustainable Energy for All Business Action June 2011
Participation in the UN Private Sector Forum 2011 on Sustainable Energy for All September 2011
Participation and cooperation in the organisation of the European Global Compact Local Networks Meeting: Public-Private Joint Efforts Towards Rio+20 October 2011
Entry in the LEAD Steering Committee March 2012
Entry in the LEAD Task Force: Co-Creating new forms of UN-Business Partnerships March 2012

Global Compact Local Networks Worldwide

Global Compact Local Networks Worldwide chart

Since 1999, when the Global Compact initiative was launched, international awareness on sustainability has grown significantly. The expansion of the number of Global Compact Local Networks worldwide shows the success obtained by the initiatives. The Local Networks, currently present in more than 80 Countries, work as an information platform, guaranteeing support and coordination to companies and organisations adhering to the Global Compact, by promoting the initiative and ensuring a constant dialogue between all the members according to a multi-stakeholder approach. The main activities performed by the Local Networks concerned transversal projects on all the principles and partnerships for development.

Source: UNGC Annual Local Network Report 2011

Eni S.p.a. - Registered Head Office
Piazzale Enrico Mattei
00144 Roma

Branches
Via Emilia, 1
e Piazza Ezio Vanoni, 1
20097 - San Donato Milanese (MI)

VAT number
n. 00905811006

Company share capital
€ 4.005.358.876,00 paid up.

Rome Company Register
Tax Identification Number. 00484960588

Mission
We are a major integrated energy company, committed to growth in the activities of finding, producing, transporting, transforming and marketing oil and gas. Eni men and women have a passion for challenges, continuous improvement, excellence and particularly value people, the environment and integrity.