Page 10 - EniFor2016_Report_eng

8 Eni for 2016

Objectives

and results

Commitments Progress as at 2016 vs 2015 Objectives for 2017-2020

˛ Reduction of Reduction of the upstream -9% -43% by 2025 vs 2014
-17.4% vs 2014
GHG emission intensity rate
GHG emissions
Reduction in hydrocarbon -2.2% Zero process flaring
volumes sent to process flaring
-8.8% vs 2014
by 2025
Path to decarbonization ˛ Low carbon methane emissions -37% vs 2014 Over 50% of natural gas
-20.5%
-80% by 2025 vs 2014
Reduction of upstream fugitive
50% gas out of total
Promotion of natural gas
hydrocarbon production
equity production on total
portfolio
hydrocarbons
Production plants using
7
FID for 4 initiatives as part of
463 MW installed capacity
˛ Renewables and
renewable sources
technological
for the upstream BRN project
innovation
(Algeria)
+610,000 tonnes/year
FID for the reconversion of the
Reconversion of industrial sites the "Progetto Italia" and FID Investments of €0.55 billion
into biorefineries Gela refinery of biofuels in Gela and launch
of second generation biofuels
production
Use of solar power Prototypes of proprietary 7 pilot plants to demonstrate
and energy storage technologies for concentrated the technological solutions
solar power and solar smart developed
windows
˛ Partnership Oil and Gas Climate Initiative Establishment of the OGCI Joint investment of $1 billion
over 10 years in low-carbon
(OGCI)
Climate Investments
technologies
Commitments Progress as at 2016 vs 2015 Objectives for 2017-2020
8
˛ Safety TRIR reduction for employees -20.8% (TRIR 0.35 in 2016) Zero injuries
and contractors
Operating model ˛Focus on the % increase in the reinjection +3.9% (58% in 2016) 72% by 2020
of production waters
environment
Reduction of operational oil
9
€37 million
Investments of over €150
million during the plan’s lifetime
spills and those caused by
(-65% total spills volume
vs 2015)
sabotage
˛ Research and
development Investments in R&D €161 million (-8.5% vs 2015) €659 million
˛ Human rights Training and awareness raising Human Rights event chaired 4 e-learning training modules
by the CEO; e-learning course on the supply chain, security,
that expected over 22,000 employment, relationships
participants with the territory
Continuous improvement Issue of the Responsible Action plan and regulatory
in company processes and Sustainable Company document on Human Rights
Management System
Guideline
7) Final Investment Decision.
8) (Total recordable injuries/hours worked) x 1,000,000.
9) Investments and current expenditures.