Eni S.p.A., commonly referred to as Eni, is a prominent player in the crude petroleum industry, headquartered in Italy. Founded in 1953, the company has established itself as a leader in crude oil extraction and related services, excluding surveying, with significant operations across Europe, Africa, and the Middle East.
Eni's core offerings include exploration, production, and refining of crude oil, alongside a commitment to sustainable energy solutions. The company is recognised for its innovative approaches to resource management and environmental stewardship, setting it apart in a competitive market. With a strong market position, Eni has achieved notable milestones, including advancements in technology and a focus on reducing carbon emissions, reinforcing its reputation as a forward-thinking energy provider.
+53 vs industry average
Eni’s score of 68 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Crude Oil Extraction is among the most carbon-intensive industries
Industry performance
The Crude Oil Extraction industry has reduced its overall emissions by 90% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Eni's reported carbon emissions
Eni, headquartered in Italy and operating in the crude petroleum and services related to crude oil extraction industry, has reported a total of approximately 213 billion kg CO2e in emissions for 2024. This includes Scope 1 emissions of about 31.1 billion kg CO2e, Scope 2 emissions of approximately 800 million kg CO2e (market-based), and Scope 3 emissions of around 181 billion kg CO2e, with the majority attributed to the use of sold products. Looking at previous years, Eni reported approximately 207 billion kg CO2e in 2023, with Scope 1 emissions at about 32.3 billion kg CO2e and Scope 3 emissions (use of sold products) at approximately 173.7 billion kg CO2e. In 2022, total emissions were approximately 194 billion kg CO2e, comprising Scope 1 emissions of about 39.4 billion kg CO2e and Scope 3 emissions of roughly 164 billion kg CO2e (use of sold products). Prior to that, Eni reported approximately 210 billion kg CO2e in 2021, with Scope 1 emissions around 40.1 billion kg CO2e and Scope 3 emissions of about 176 billion kg CO2e (use of sold products). In 2020, total emissions were approximately 218 billion kg CO2e, with Scope 1 emissions at about 37.8 billion kg CO2e and Scope 3 emissions of around 185 billion kg CO2e (use of sold products). Eni is pursuing several climate commitments. The company aims for Net Zero Carbon Footprint in the Upstream sector by 2030 and for the entire Eni group by 2035, covering Scope 1 and 2 emissions. Eni also has a long-term target for carbon neutrality by 2050 across all scopes. Intermediate targets include a reduction of upstream GHG emission intensity by 43% by 2025 versus 2014. Furthermore, Eni is committed to the Global Gas Flaring Reduction initiative, aiming for zero routine gas flaring by 2025, a target that was intended to be anticipated from 2030. The company also aims to reduce upstream methane leakage by 80% by 2025 compared to 2014 levels. A near-term objective is a 35% reduction in Net GHG Lifecycle Emissions (Scope 1+2+3) by 2030 compared to 2018.
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Eni’s Climate Goals (2030 & 2050)
16 goals2025
65% reduction in Scope 1
Upstream: -65% in 2025 (vs. 2018)
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 16 climate goals
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Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Eni
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