ENI S.p.A. · MIL:ENI
ENI — ESG Presentation (2020)
8 slides from ENI's sustainability presentation, 2020
Slide 1: Eni's Methodology for the assessment of GHG emissions
Eni's Methodology for the assessment of GHG emissions “Gs
Slide 2: New Lifecycle Approach
GHG CORPORATE TARGET VS. LOW CARBON SCENARIOS DIRECT VS. INDIRECT EMISSIONS KEY ISSUES LACK OF STANDARD 15% 85% FRAGMENTATION COMPARABILITY SCOPE 1-2 SCOPE 3 TRANSPARENCY AND VERIFICATION NEW LIFECYCLE APPROACH COMPREHENSIVE OF ALL ENERGY PRODUCTS IN THE VALUE CHAIN SCIENTIFIC ADVISOR AND THIRD-PART
Slide 3: Indicators for Targets
INDICATORS FOR TARGETS SCOPE 1+2 CARBON 1 NET CARBON FOOTPRINT EMISSIONS Eni’s operations SINKS (equity based) SCOPE 3 NET ABSOLUTE GHG NET CARBON 2 LIFECYCLE EMISSIONS FOOTPRINT EMISSIONS Suppliers and customers value chains NET ABSOLUTE GHG ENERGY 3 NET CARBON INTENSITY LIFECYCLE EMISSIONS PRODUCT
Slide 4: Products and Value Chains
PRODUCTS AND VALUE CHAINS ENERGY PRODUCTS VALUE CHAIN - GHG SOURCES PRODUCTION AND OIL PROCESSING TRANSPORTATION REFINING DISTRIBUTION END USE PRODUCTION AND END USE GAS PIPE PROCESSING TRANSMISSION, STORAGE & DISTRIBUTION (TS&D) PRODUCTION AND LNG PROCESSING LIQUEFACTION, SHIPPING, REGASIFICATION,
Slide 5: Boundary Expansion
BOUNDARY EXPANSION ALL ENI’S ACTIVITIES, ALL ENERGY PRODUCTS ENERGY PRODUCTS VOLUMES ARE TRACKED ALONG THEIR ENTIRE VALUE CHAIN TO INCLUDE 3RD PARTIES PRODUCTION TRANSPORTATION TRANSFORMATION DISTRIBUTION END USE 3RD PARTIES ENI UPSTREAM VOLUMES - INCLUDED IN THE BOUNDARY ENI MID-DOWNSTREAM VOLUMES
Slide 6: Expanding Our GHG Accounting Methodology
EXPANDING OUR GHG ACCOUNTING METHODOLOGY FULL LIFECYCLE GHG STANDARD REPORTING EXPANDED GHG SOURCES METHODOLOGY Mixed: Equity/Operated approach Equity approach Equity approach Scope 1 + 2 Operated by Eni Net-Lifecycle Scope 1 + 2 Operated by Others 43 Mt 3rd party Emissions share Scope 3 -80% Scope
Slide 7: Approach for Defining Net Carbon Intensity
ENERGY SOLD APPROACH FOR DEFINING NET CARBON INTENSITY ENERGY SOLD NET SCOPE 1+2+3 vs Energy Sold ALL ENERGY PRODUCTS UNIT OF MEASURE: MJ 72 gCO2eq/MJ EQUALIZED TO FINAL CUSTOMERS NET OF LOSS AND CONSUMPTIONS -55% RENEWABLES BY PHYSICAL ENERGY ELECTRICITY FROM FOSSIL FUELS EQUALIZED BY FUEL ENERGY C
Slide 8: Review
REVIEW SCIENTIFIC REVIEW THIRD PARTY VERIFICATION “ENI HAS CHOSEN TO DEPLOY A GHG ACCOUNTING METHODOLOGY THAT CONSIDERS ALL OF THEIR ASSESSMENT TRADED PRODUCTS ACROSS BUSINESS SECTORS. THIS OF RESULTS VS. METHODOLOGY IS IMPORTANT AND A STEP CHANGE” “A REASONABLY ACCURATE AND UP-TO‐DATE RECORD OF THE