The voluntary sustainability report outlines Eni’s achievements and forward-looking strategies for a safer and more sustainable energy.
A Just transition’, Eni’s voluntary sustainability report, illustrates the main results achieved during the year on the path towards a just transition.
The report, now in its nineteenth edition, provides an overview of Eni’s performance and concrete actions for a just transition, capable of combining industrial growth, environmental sustainability and social inclusion, illustrating future strategies and goals.
“We live in times of rapid and complex change,” says Eni CEO Claudio Descalzi in his message to stakeholders.
According to him, profound geopolitical evolutions, environmental challenges and technological revolutions are reshaping the routes to global growth and energy security.
He noted that the current environment is marked by unprecedented fragmentation, uncertainty and volatility. In such conditions, simply adapting is no longer enough—”we must apply all our expertise to lead change, anticipate trends with innovative solutions, assess risks carefully and seize opportunities boldly”.
This forward-looking approach, he said, is a key strength of Eni. In 2024, the company continued its transformation journey, achieving tangible results driven by a business model that integrates environmental, economic and social sustainability.
The year saw an important discontinuity in sustainability reporting: the entry into force of the European Corporate Sustainability Reporting Directive (CSRD), which regulates mandatory sustainability reporting and introduces new European reporting standards.
In addition to publishing its first Sustainability Statement in line with the EU legislation, Eni has decided to continue to prepare its voluntary report, which is a complementary and supplementary document to the sustainability statement.
Among the company’s main achievements in 2024 include reduction of net Scope 1 and 2 emissions by 55% for Upstream and 37% for Eni compared to 2018.
Similarly, a special focus was placed on reducing methane emissions by confirming the target of bringing them close to zero in 2030.
Eni also renewed its commitment to achieve water positivity in at least 30% of sites operated with withdrawals greater than 0.5 Mm3/year of fresh water in water-stressed areas by 2035.
The report also illustrates Eni’s progress in implementing the satellite model, an innovative approach that aims to create integrated businesses capable of generating value for the energy transition.
It highlights the achievements of plenitude, which has exceeded 4 GW of installed capacity from renewable sources and aims to reach up to 15 GW by 2030, integrating production from renewable sources with the sale of energy and energy solutions to households and businesses and with an extensive network of charging points for electric vehicles (10 million customers and 21k charging points for electric vehicles).
On the other hand, Enilive, the company dedicated to mobility products and services, reached a biorefining capacity of 1.65 million tonnes in 2024 and plans to exceed 5 million tonnes/year by 2030, also increasing the optionality of SAF production (Sustainable Aviation Fuel).
The report further stated that Eni will continue to invest in innovation and in the development of cutting-edge technologies, as demonstrated by the commissioning of the HPC6 supercomputer and the creation of Eniquantic for quantum computing and in transformation consistent with the energy transition: from the announcement of the reconversion of the Livorno refinery into a biorefinery, to the start of the relaunch of Versalis towards greater financial sustainability.
Just transition permeates Eni’s strategy, with a constant commitment to respect for human rights, the safety of people – a founding value of Eni’s activities -, transparency and dialogue with stakeholders.
In 2024, the company strengthened actions to prevent and combat violence against women and worked to ensure that the transformation generates concrete benefits for communities in host countries.
In collaboration with international organisations such as the International Labour Organisation (ILO) and the International Finance Corporation (IFC), Eni promoted more inclusive and safer working conditions along the agri-feedstock supply chain.
Finally, the report documents the company’s contribution to the communities in the countries where it operates, with over 100 local development projects active in 21 countries of presence, ranging from access to water, to energy and to health, and the promotion of initiatives consistent with the United Nations Sustainable Development Goals.
The report concluded by highlighting the company’s clear vision, built on the integration between business and sustainability and between growth and responsibility, as well as its role in driving an equitable energy transformation. This aims to generate shared and lasting value together with its people and stakeholders.
