Eni

Eni's reported carbon emissions

Eni, an IT-based company operating in the crude petroleum and services related to crude oil extraction sector, has outlined significant climate commitments and emission reduction targets. For the reporting year 2024, Eni reported approximately 213 billion kg CO2e in total emissions. This comprised about 31.1 billion kg CO2e for Scope 1 emissions and approximately 800 million kg CO2e for Scope 2 emissions. Scope 3 emissions, primarily from the use of sold products, accounted for around 181 billion kg CO2e. In 2023, Eni's total emissions were approximately 207 billion kg CO2e. Scope 1 emissions were around 32.3 billion kg CO2e, with Scope 2 emissions at approximately 700 million kg CO2e (location-based). Scope 3 emissions, largely from the use of sold products, were reported at roughly 173.7 billion kg CO2e. Looking back, Eni reported approximately 194 billion kg CO2e in total emissions for 2022. This included around 39.4 billion kg CO2e in Scope 1 emissions and about 790 million kg CO2e in Scope 2 emissions. Scope 3 emissions for 2022 were approximately 164 billion kg CO2e, with significant contributions from the use of sold products (about 164 billion kg CO2e) and processing of sold products (about 9.9 billion kg CO2e). Eni's climate strategy includes ambitious targets for decarbonisation. The company aims for a Net Zero Carbon Footprint for its entire group by 2035, with a specific goal for its Upstream sector to achieve Net Zero by 2030. Intermediate targets are in place, such as a commitment to reduce Scope 1 and 2 Upstream emissions by 65% by 2025 compared to 2018 levels. Furthermore, Eni is committed to achieving Net Zero GHG lifecycle emissions by 2050. The company is also working to eliminate routine gas flaring by 2025, ahead of its initial 2030 target. A target to reduce upstream methane leakage by 80% by 2025, compared to 2014 levels, has also been set. Additionally, Eni aims to reduce its upstream GHG emission intensity index by 43% by 2025 from a 2014 baseline.