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What is a sustainability report
The sustainability report is a corporate communication and management tool that enables organizations to report their economic, social and environmental performance. It mirrors a company's commitment to sustainability and corporate social responsibility (CSR).
Each year, organizations can voluntarily draw up a sustainability report, which differs from the Non-Financial Statement (DNF), required by law. The DNF is actually a document required by EU legislation and Legislative Decree 254/2016 in Italy. It is a basic tool that identifies ESG (Environmental, Social and Governance) issues and allows investors easy access to non-financial information.
What the sustainability report is for
The sustainability report conveys sustainability activities and achievements to stakeholders. It focuses on three main pillars:
- Environmental
- Social
- Economic
The sustainability report therefore assesses a company's impact from all angles, helping it to develop strategies to reduce its environmental footprint and increase operational efficiency. In many countries, sustainability reporting is mandatory and regulated by specific laws, such as the Global Reporting Initiative (GRI) or the SASB Standards, which often require verification by independent third parties.
The advantages of publishing a sustainability report are considerable and tangible for every company. It is an authoritative statement of intent that follows a careful and detailed analysis. Corporate reputation improves, risks and opportunities are identified, costs and employee involvement are optimized, and regulatory compliance is ensured.
How to draw up a sustainability report
To draw up a sustainability report, a company must first define its objectives. Immediately afterwards, it must collect quantitative and qualitative datato then analyse and evaluate it, involve stakeholders and finally communicate the report following international standards.
The sustainability report is a strategic tool that improves corporate performance and helps build a relationship of trust with stakeholders. Through this process, companies can identify opportunities for innovation and sustainable growth, contributing positively to society and the environment.
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Reduce
Il 2023 è stato l’occasione per una riflessione sulle caratteristiche distintive del percorso compiuto da Eni: la capacità di evolvere nel tempo e anticipare i cambiamenti, la volontà di percorrere strade nuove, mantenendo al contempo saldi i nostri valori condivisi e, non ultimo, l’impegno a generare valore per tutti gli stakeholder.
Claudio Descalzi
Messaggio agli Stakeholder Eni for 2023
Eni for 2023: our sustainability report
Eni for 2023 is a voluntary sustainability report about our goals, initiatives and targets to achieve a just energy transition, with the aim of achieving carbon neutrality by 2050. Throughout this path, we want to ensure that the decarbonization process offers solid opportunities in the countries where we operate and for all those involved, sharing the social and economic benefits with workers, suppliers, communities and customers. The story revisits the three levers of our business model:
- Carbon neutrality by 2050
- Operational excellence
- Alliances for development
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Reduce
Eni for 2023. A Just Transition
Learn more about stories, case studies and testimonials on our contribution to ensuring access to efficient and sustainable energy.
A year of commitments and results
Eni for in sintesi
Sustainability is part of everything we do
Energy transformation comes from each of us
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