In Eni's Sustainability Management Model the Sustainability of all activities is considered as an element of Eni's global business strategy. Eni identifies its Sustainability priority objectives and the areas for improvement through the analysis of the international scenario, of the stakeholder expectations, of the commitments taken and of the Company performances.
The Company's industrial development plan acknowledges such issues and turns them into concrete projects. The implementation of projects related to priority objectives is supported by financial incentives.
Management Model
Conceptual Model
Organizational ModelEach sustainability objective is pursued with projects and initiatives defined by Eni's divisions, companies and subsidiaries and are included in specific short and medium-term action: progress reports and the achievement of objectives are monitored by the Sustainability Department, which reports to the company's Management Committee.
A mechanism of incentives for the attainment of sustainability objectives for top management (CEO and direct reports) foresees a correlation of the incentives with the effectiveness of initiatives that affect their areas of competence.
The process of planning, implementation and control is conducted jointly by the departments and business areas and approved at the highest levels of the company.
Eni has in place an organisational model that identifies, for each of the stakeholder of reference, a single interlocutor, that can take advantage of the technical and operational competences of the various business areas, to promote the development of discussion, meetings and round tables.
This model allows Eni to ensure a better management of business risks, to reinforce company performance, improve its reputation and encourage change and innovation.
Last updated on 24/11/11