Eni has designed a strategic roadmap for the next 30 years that combines economic and environmental sustainability. It has set a target of 80% net reduction for scope 1, 2 and 3 emissions by 2050, with reference to the entire life-cycle of the energy products sold and a 55% reduction in emission intensity compared to 2018.
In Europe, Eni will be Scope 1,2 and 3 net emissions neutral by 2050. Moreover, in the path towards 2050 the company has adopted decarbonisation targets of net-zero carbon footprint by 2030 for scope 1 and 2 emissions from its upstream activities and for scope 1 and 2 emissions of the entire Eni group by 2040.
In this path towards the decarbonisation of our activities, we aim at fostering the circular economy process and bio-products. A flagship project is represented by the reconversion of traditional refineries into bio-refineries to produce high-quality biofuels. This has been done thanks to the Ecofining™ proprietary technology, based on a flexible hydrogenation process that makes it possible to use raw materials of biological origin as feedstock.
Venice, in 2014, was the first traditional refinery in the world to be converted into a bio-refinery. Then, with the start-up of the Gela biorefinery in 2019, (add comma) Eni has reached a total processing capacity of over 1 million tonnes of biofuels. These plants will be able to treat increasing quantities of advanced feedstock, such as used vegetable oil, animal fat, algae and by-products. This feedstock diversification strategy will allow Eni to become palm-oil-free by 2023.