Carbon neutrality by 2050
The road to decarbonization. The activities and technologies to reduce our carbon footprint and our customers’.
Download chapter in PDFChanging the way we produce and consume energy
Achieving carbon neutrality by 2050 to limit the global average temperature increase to within 1.5°C is our concrete commitment for the energy transition.
Our transformation plan involves all stakeholders and envisages clear steps over time. This gradual evolution unfolds through an increase in the share of gas and renewables and includes the use of innovative solutions, such as Carbon Capture and Storage (CCS) and agri-business.
Our transition is directed towards clean, low-cost fuels and low and zero-carbon products. It is a road we can take thanks to our technological expertise, research and strong governance, and enables Eni to become an increasingly competitive energy supplier.
Towards the goal of net zero emissions
Our goal is Net Zero, i.e. the total decarbonization of processes and products by 2050. Eni's strategy envisages industrial transformation and is based on available technologies, close cooperation with stakeholders, while also developing breakthrough solutions.
Our road to carbon neutrality considers emissions generated throughout the life cycle of energy products and is articulated in short and medium-term targets that include all GHG Scope 1+2+3 emissions.
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(a) KPI equity based; (b) Upstream operated assets; (c) Plenitude 100%; (d) Equity Eni, including CCUS services for third parties
Reducing emissions by capturing CO₂
Capturing CO₂ and storing it permanently is one of the essential actions to reduce its concentration in the atmosphere. CCUS technology is at the heart of our strategy, allowing us to reduce net emissions from our operations and is an immediately available solution for hard-to-abate sectors. According to the International Energy Agency, the hard to abate industries Cement, Steel and Petrochemicals account for as many climate-altering emissions as all global on-road transport.
Among the projects we are developing, the most advanced is HyNet in Liverpool Bay, where 4.5 million tonnes of CO₂ per year will be stored from 2025. To learn more about CCS projects in Italy, download the report.
Video Can we capture CO₂ to build homes?
Homes will be more sustainable thanks to research in technology. Learn more about this in the video.
Director General of the International Renewable Energy Agency (IRENA)
Decarbonization and energy transition: where are we? As we are confronted with the urgency posed by climate challenge, we must address the energy trilemma and focus on technology.
Video The seeds of energy
Discover how biofuel development and production play an important role in the strategy to achieve carbon neutrality by 2050.
Why partnerships are strategic?
Collaboration generates new knowledge and enables the sharing of key best practices for the transition. A significant example is the Alliance for Industry Decarbonization, an initiative launched by IRENA of which we are co-founders to accelerate the decarbonization of industrial supply chains. Renewable energy development, CCUS and green hydrogen are among our priorities for action.
A transparent commitment for climate
Our partnership and advocacy for climate is based on sharing useful practices to accelerate the Net Zero goal. We also work to make decarbonization performance and targets increasingly comparable and promote the use of common GHG emission reporting methodologies for complete and effective reporting.
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