Eni S.p.A.

NYSE: E25Laggard· Provisional

0 followersOil & gas·Rome, Italy·Founded 1953

www.eni.com

Italian integrated energy company with a dedicated renewable electricity subsidiary (Plenitude) but continuing significant upstream oil and gas expansion across Africa and the Mediterranean.

25/100

Laggard· Provisional

ClimateTicker Green Score · how it's calculated

Greenwashing risk: highData confidence: high

Why it's on ClimateTicker

Eni markets itself as an 'energy transition' company via its Plenitude renewables subsidiary and Enilive biofuels arm, but its core revenue engine remains large-scale oil and gas exploration and production, which it plans to grow 3–4% per year through 2030. The structural tension between aggressive upstream expansion across Africa, the Mediterranean, and North Sea and its 2050 net-zero pledge — which is neither SBTi-validated nor backed by a credible phase-out schedule — places it firmly in laggard territory with high greenwashing risk.

laggardEni earns the vast majority of its income from upstream exploration and production of oil and gas across 60+ countries, supplemented by LNG trading, refining/biofuels (Enilive), and a growing but minority renewable electricity and retail energy business (Plenitude).

Commitments & Certifications

CDP: Disclosed — score not publicly confirmed for 2024 cycle ↗other: OGMP 2.0 Gold Standard — retained 2025 ↗PublicBenefit: Plenitude subsidiary registered as Società Benefit (Italian Benefit Corporation) ↗SBTi: Not validated ↗

Controversy & Greenwashing Watch

mediumMembership in Eight Climate-Misaligned Industry Associations

As of May 2024, Eni is a member of eight industry associations rated 'Misaligned' on climate policy, undermining its stated climate advocacy commitments.source ↗

highContinued Upstream Production Growth Contradicts Net-Zero Pledge

Eni confirmed in 2024 plans to grow oil and gas extraction 3–4% per year through 2027, and its 2025 strategic plan targets over 2 million boe/d by 2030, directly contradicting IEA guidance that no new fossil fuel fields are needed in a 1.5°C pathway.source ↗

highEni SLAPP Counter-Suit Against NGOs

In July 2023 Eni filed a defamation lawsuit against Greenpeace Italy and ReCommon, which the organisations characterised as a Strategic Lawsuit Against Public Participation (SLAPP) designed to silence climate critics.source ↗

highGreenpeace Italy & ReCommon Climate Lawsuit

Twelve Italian citizens and two NGOs filed a civil action in Rome in May 2023 alleging Eni's fossil fuel production is incompatible with the Paris Agreement and violates constitutional rights; the case remains active as of mid-2025.source ↗

highRanked Third-Worst Oil & Gas Expander Globally (2023)

Oil Change International assessed Eni as on track to be the world's third-worst oil and gas expander in 2023, with plans to approve nearly 770 million BOE of new extraction annually through 2030.source ↗

mediumVal d'Agri Community Opposition and Environmental Impact

Residents near Eni oil production in the Val d'Agri and Val Basento regions of Basilicata, Italy have organised sustained opposition documenting local environmental harms from Eni's operations.source ↗

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