Long term strategic plan to 2050

A strategic approach towards decarbonisation

We are growing to offer a full set of progressively decarbonized products and services to our customers. The result of this strategic approach underpins our decision to accelerate our pathway to net zero with a 35% cut to scope 1+2+3 emissions by 2030 and 80% by 2040 (compared to 2018).

GHG emissions

Upstream fugitive methane emissions

-95%

vs. 2014 (b)

Net Carbon Footprint Upstream

-40%

vs 2018 (a)

Net Carbon Footprint Eni Scope 1+2

-30%

vs 2018 (a)

Net GHG Lifecycle emissions Scope 1+2+3

-21%

vs 2018 (a)

GHG emissions

Net Carbon Intensity Scope 1, 2 & 3

-4%

vs 2018 (a)

Upstream methane intensity

0,06% (b)

Routine flaring Upstream 1 msM3 (b,c)

Carbon offset

5.9

million tonnes/year

of CO2 emissions of which 2.4 million tonnes/year of CO2eq offset by Plenitude

Retail

10

million

Customer base (d)

Renewables

3

GW

Installed renewables power generation capacity (d,e)

Electric vehicles

19k

Charging points (d)

Biorefining

1.65

million tonnes/year

Biorefining capacity

Oil & gas

1.66

Mboe/day

Hydrocarbon production

∼900

Mboe

Discovered Resources

NOTES

a) KPI used in Eni Sustainability-Linked Financing Framework. Targets are net of Eni’s equity stored CO₂
b) Includes operated and joint operated assets
c) Subject to execution of projects in Libya
d) Plenitude 100%
e) KPI used in Eni Sustainability-Linked Financing Framework
f) Since 2024 includes gas condensates
g) Gross capacity

Last update: 14 March 2024


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