Eni has been rated as a leader in its environmental, social and governance (ESG) performance by three different ratings in recent weeks, in a series of assessments that attest to the company's attention to sustainability.
"These assessments are an encouragement for us to continue, with even greater determination, to focus on sustainability as a central element of our business model, and to achieve the objectives of our strategy, which will lead Eni to be a leader in the production and sale of decarbonised products. to 2050, said Claudio Descalzi, Eni's CEO.
Eni was confirmed with an A score in the MSCI ESG rating, ranking as a Leader in Health and Safety and for performance in the Carbon Emissions sector.
MSCI ESG Research provides MSCI ESG ratings to global public companies and select private companies on a scale from AAA (Leader) to CCC (Laggard), based on industry-specific ESG risk exposure and ability to manage these risks compared to peers.
Eni was also ranked in the top 3% among energy sector peers in Sustainalytics ESG Ratings, updated in September 2020, obtaining a score of 25,7.
Sustainalytics' ESG Risk Ratings framework addresses a broad range of ESG issues and key trends for the industry and the company. Sustainalytics is a leading independent research, rating and analysis firm in the field of ESG and corporate governance that supports investors in developing and implementing responsible investment strategies.
In addition, Eni obtained the highest score in a Bloomberg ranking of oil & gas companies that assess environmental performance.
Eni obtained a score of 6,42, the highest for 2019 in a group of 17 peers, whose average was 4,04. The ranking evaluates a company's performance in areas such as exposure to climate issues, energy management and greenhouse gas emissions, or water management.
Bloomberg provides environmental and social performance scores for 252 companies in the oil & gas sector.
These announcements are the latest in a series of positive assessments for Eni's performance in terms of ESG. The company was recently included in the FTSE4Good Index Series for the fourteenth consecutive year, buying a position in the top 5% of rated oil & gas companies and joining the Vigeo Eiris ESG Assessment Leadership group.
ESG performance is a priority for Eni, which over the past six years has built a business model that puts sustainability at the heart of every business activity. At the beginning of the year Eni launched a new long-term strategy which, by 2050, will lead it to be a leader in the sale of decarbonised products, significantly reducing its carbon footprint.