Eni was confirmed today as a participant in the Global Compact LEAD, demonstrating its constant commitment to the United Nations Principles for responsible business.
On the occasion of the week of the leaders of the UN Global Compact, Eni has been recognized as one of the most active participants in the largest enterprise sustainability initiative in the world.
"This recognition is an important testimony to our commitment to integrate sustainability into each of our activities and an encouragement to continue to combine it with financial stability," said Claudio Descalzi, Eni's managing director. "Environmental, social and business sustainability are essential to help us shape the future," he added.
Eni's business model focuses on long-term investments, going beyond short-term profit targets, transforming the company and making it ready to face global challenges and contribute to achieving the Sustainable Development Goals ( SDG) of the United Nations. It allows sustainability to be integrated into all company activities - from reducing greenhouse gas emissions to respecting the environment; from human rights to the formation of people; from the promotion of local development to access to energy.
As part of the initiatives to follow this strategy, Eni is working in partnership with international organizations, governments and non-governmental organizations to promote sustainable development in host countries, with a specific focus on the SDGs. Eni has signed partnerships with the Food and Agriculture Organization (FAO) for access to clean and safe water; with the United Nations Development Program (UNDP) to combine efforts on the issues of access to energy and sustainable development; and with the United Nations Industrial Development Organization (UNIDO) to focus on youth employment, the value chain of the agri-food chain, renewable energy and energy efficiency.
A further recognition of Eni's commitment to sustainability comes from the Corporate Human Rights Benchmark (CHRB): Eni - the only energy company among the six selected companies - was chosen, in the upcoming CHRB report on how to learn from similar companies ("Learning from Peers"), as an example to highlight potential approaches to more effective human rights management. Eni's practices are used as a case study in the section on business practices on human rights ("Performance: company human rights practices") which assesses the factors and processes that allow the respect of rights and the prevention and mitigation of risks and impacts on rights human.
Similarly, the analysis of the World Business Council for Sustainable Development (WBCSD) of sustainability reports published by 200 companies around the world placed Eni For of Eni among the ten best ranked reports in its ranking (l complete analysis of the 2019, called "Reporting matters", will be published next month).
The United Nations Global Compact is a global movement of sustainable companies and stakeholders that take shared responsibility to create a sustainable future. The movement supports companies in aligning their strategies and operations with the ten universal principles on human rights, labor, the environment and anti-corruption; and in carrying out strategic actions to achieve wider UN objectives, including the Sustainable Development Goals.
Eni has demonstrated its commitment to the UN Global Compact this year by participating in the Action Platform with regard to reporting on SDG issues ("Reporting on the SDGs") and the Action Platform on financial innovation for SDGs ("Financial Innovation for the SDGs"). Each Global Compact Action Platform brings together companies, local networks of the Global Compact, top experts, civil society, governments and UN partners to solve complex and interconnected issues and to introduce innovation around the Sustainable Development Goals.
CHRB is a collaboration led by investors and civil society organizations that deals with creating the first open and public reference standard of corporate performance in the field of human rights. The Benchmark provides a comparative cross-section from year to year of the largest companies on the planet, taking into account the policies, processes and practices that companies use to make their approach to human rights systematic and how they respond to important charges.
WBCSD is a global organization led by CEOs of more than 200 leading companies working together to accelerate the transition to a sustainable world. WBCSD aims to increase the success of its members and make them more sustainable by focusing on maximizing the impact for shareholders, the environment and society.