Community Investments

Eni creates transparent partnerships and collaborations with local stakeholders and adopts appropriate project planning and management tools. The Company adopted a Community Investment Management system aimed at identifying and managing the initiatives in favour of local communities.
The process envisages the use of the following operational tools:

• Stakeholder Management Process to identify stakeholders and define their requirements and expectations
• Social Baseline Analysis to build a picture of the socio-political, cultural and economic situation of a country/area of interest for Oil & Gas projects in order to understand the situation of local communities and gather baseline data to measure the future results of Community Investment activities
• Social Impact Assessment to assess the potential social impact of a project on an area and select appropriate measures to avoid, mitigate and compensate negative effects and enhance positive effects
• Community Investment Planning is the methodology used by Eni operating units to identify and plan initiatives. The method is based on the Logical Framework, a planning matrix summarizing the purpose of the investment, indicators to be employed to measure progress, benchmarks and external factors that could affect implementation of the initiative
• Monitoring & Evaluation, a system for on-going monitoring of activities and regular evaluation of progress in reaching targets, in order to improve the performance of Community Investment initiatives