Eni

InfluenceMap Score
for Climate Policy Engagement
C-
Performance Band
57%
Organization Score
55%
Relationship Score
Sector:
Energy
Head​quarters:
Rome, Italy
Brands and Associated Companies:
AGI, Eni Gas & Power, Polimeri Europa, Saipem
Official Web Site:
Wikipedia:

Climate Lobbying Overview: Eni appears to be engaged with climate-related policies with mixed positions overall. Its engagement with policies appears to be mixed, and Eni also appears to support a long-term role for gas in the energy mix, and retains memberships to industry associations actively promoting fossil fuels.

Top-line Messaging on Climate Policy: Eni’s top-line messaging on climate policy appears to be broadly positive. In its 2022 industry association review, Eni stated that it supported the Paris Agreement and its goal of limiting global temperature increases to 1.5°C and also outlined its support for ‘meaningful’ carbon pricing regimes.

Engagement with Climate-Related Regulations: Eni is actively engaged with the EU on its climate related policies, with mixed engagement. In a 2021 consultation response on updating the EU’s emission trading system (ETS), Eni appeared to support the introduction of a Carbon Border Adjustment Mechanism (CBAM) with major exceptions, appearing to suggest that certain sectors should retain free allocation of emissions while calling for multiple exemptions. Eni’s engagement on the EU ETS also appears to be mixed. In its 2021 CDP response, Eni stated that it supports the EU ETS as a central pillar of European climate policy, however, its consultation responses on the policy appear to place caveats on this support. In 2021, the company appeared to not support ambitious reforms in its consultation response on updating the ETS, for example it stated that carbon leakage protection should be guaranteed for emission intensive facilities and appeared to support a reduced ETS share of emission reductions for such facilities, will appearing unsupportive of a reduction in free allowances. In a 2020 position paper, Eni stated that it would support the possible extension of the EU ETS to buildings, road and maritime sectors but that this should be gradual. However, it also added that any extension of the ETS should replace policies on sectors covered by the ETS, including the Renewable Energy Directive.

Eni’s lobbying on other forms of climate regulation also appears to be mixed. In a February 2021 consultation response on CO2 performance standards, Eni appeared unsupportive of more ambitious CO2 performance standards for light-duty vehicles, stating that all technologies should compete on a level playing field. However, Eni appeared to support proposed methane regulations in the EU in a January 2021 consultation response, but again placed conditions on this support, such as gradual implementation and appeared to warn against ‘unintended consequences’ if a more ambitious framework was adopted. Nevertheless, Eni stated that it supported an increase in the EU’s renewable energy target to reflect the 2030 climate target plan in a 2021 consultation response on the Renewable Energy Directive. It also voiced its support for minimum blending mandates for renewable fuels in the aviation sector in a March 2021 consultation response.

Positioning on Energy Transition: While Eni appears to support the need to decarbonize the energy mix in its top-line messaging, it also appears to promote the long-term role for fossil gas. In its 2021 Sustainability Report, published in May 2022, it stated that gas will be important to support intermittent sources in the energy transition, while on its corporate website in 2022 it stated support for the phase out of unabated coal generation and “inefficient” fossil fuel subsidies. In Eni’s consultation response on the EU’s gas market reforms in June 2021, the company appeared to support a continued role for fossil gas with CCS and advocated for a technology-neutral approach for a future hydrogen market. In 2020, Eni also appeared to oppose the proposed 100 grCO2eq/kWh threshold for electricity generation/cogeneration in the EU taxonomy and appeared to advocate for this to be raised, which may result in electricity generated using fossil fuels to be included, while also stating that new investments in fossil gas power generation should not be limited. Eni also appeared unsupportive of the electrification of road transport in its consultation on CO2 performance standards in 2021, while prioritizing the role for internal combustion engined vehicles.

Industry Association Governance: Eni published an updated review of its industry association memberships and their climate-related positioning and engagement in 2022. Within this review, Eni stated it is “fully aligned” with 25 of its industry associations regarding their climate-related engagement and “partially aligned” with two, including WindEurope, which is positively engaged on climate policy. The review appears to lack detail in certain areas, such as each organization's climate change policy positions, and with no details of how the company influences or attempts to influence these positions. Eni retains membership to various industry associations in Europe lobbying negatively on climate change policy while promoting the long-term role for oil and gas in the energy mix, including the International Association of Oil & Gas Producers, FuelsEurope,BusinessEurope and The Australian Petroleum Production & Exploration Association (APPEA). Nevertheless, a senior executive of Eni is also on the board of SolarPower Europe, which is positively lobbying EU climate policy.

A detailed assessment of the company's corporate review on climate policy engagement can be found on InfluenceMap's CA100+ Investor Hub here.

InfluenceMap collects and assesses evidence of corporate climate policy engagement on a weekly basis, depending on the availability of information from each specific data source (for more information see our methodology). While this analysis flows through to the company’s scores each week, the summary above is updated periodically. This summary was last updated in Q3 2022.

QUERIES
DATA SOURCES
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Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
57%
 
57%
 
86%
 
86%
 
45%
 
45%
 
41%
 
41%
 
44%
 
44%
 
66%
 
66%
 
49%
 
49%
 
35%
 
35%
 
41%
 
41%
 
65%
 
65%
 
60%
 
60%
 
39%
 
39%
 
38%
 
38%
 
63%
 
63%
 
68%
 
68%
 
59%
 
59%
 
87%
 
87%
 
43%
 
43%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.