Eni

Operating in these EITI implementing countries: 

From Eni's statement of support to the EITI:

The initiative aims to make transparent the payments made by extracting companies to the governments of the countries that own mineral resources and is aimed at both the extractive companies and governments. The former are expected to make public the total and type of payments that are made to governments/state-owned companies; while governments are asked to ensure adequate accounting of oil revenues and the use to which they are put.

Eni, in addition to promoting the implementation of the initiative in the countries in which it operates where the local governments have already adhered to the EITI, is committed to playing, in cooperation with the Ministry of Foreign Affairs, a role as facilitator in those countries of relevant interest to the company where governments, while displaying interest in the initiative, have still not formally signed up to it.

Eni's commitment to transparency as a tool in governance is strengthened also by an interest in the Partnering Against Corruption Initiative (PACI) promoted by the Wold Economic Forum for the application of the Business Principles for Countering Bribery of Transparency International. Of note in this context, is the adhesion of Eni Oil do Brasil to the Zero Tolerance Initiative  (ZTI).

In Kazakhstan Eni disclosed the 2007 and 2008 data to an auditor company, in compliance with a procedure required for the drafting of the third EITI report. In Norway, Eni joined the multi-stakeholders group, which supervises the process, and cooperated in the drafting of the new EITI regulations and reporting templates. On January 21st 2010, Norway became the first OECD member State to publish a report on the payments received from oil companies within the EITI's frame. In Italy, the royalties received from the Government are published by the National Mining Office for Hydrocarbons and Geothermal Energy.

In East Timor, Eni contributed to drafting the first EITI report; it is a founding member of the multi-stakeholders working group, and was involved in the agreement aimed at creating reporting guidelines and templates, as provided by EITI.

In Nigeria, Eni participates in the implementation of the EITI by disclosing the information needed to carry out the audits for the reconciliation of the payments made to the Government by the industries of the extractive sector.

International-level company form:

  1. Has the company published a clear public statement endorsing the EITI Principles and Criteria, and ensured this is accessible on its external website? YES
  2. If applicable (i.e. for operations in EITI implementing countries that have completed at least one validation), has the company provided links on its external website to completed (Country-level) Company Forms? YES,
    http://www.eni.com/en_IT/sustainability/governance-ethics/transparency/transparency.shtml
  3. Has the company assigned strategic responsibility for EITI to a member of its senior management and appointed a lead contact person responsible for communication of the company’s EITI policy, action in support of EITI, and responding to queries from EITI stakeholders? YES
  4. If the International EITI Conference has taken place in the validation period, did a member of senior management attend or send a statement of support? YES
  5. Where a company has a global sustainability report or corporate responsibility report, has the company included a summary of its contribution to EITI in this and on its external website? YES