Impact Investing
Eni Advances Energy Transition with Major Investment and Emissions Cuts
Eni showcased its “Just Transition” report in Rome, highlighting stakeholder collaboration and progress toward decarbonization goals. The company invested over €460 million in R&D in 2025, advancing technologies like biofuels, carbon capture, and renewable energy. Despite global volatility, emissions fell significantly, and satellite businesses expanded renewable capacity, storage, and sustainable fuel production.
At the Gazometro in Rome, the company brought together stakeholders, partners, and local communities to present the 20th edition of “Eni for – A Just Transition.” Over €460 million will be invested in research and development by 2025, while the decarbonization process continues, achieving results in line with the 2030 and 2035 targets.
The energy transition cannot be tackled alone. This was the message that emerged from the event organized by Eni at the Gazometro in Rome, where the company brought together partners, organizations, and external stakeholders to present the twentieth edition of Eni for – A Just Transition, the voluntary report that details the results achieved and the initiatives developed during 2025 on the sustainability front.
For Eni, technology and innovation continue to be essential tools for reconciling energy security, industrial competitiveness, and sustainability
The meeting was conceived as an opportunity for dialogue and discussion with all the stakeholders involved in the company’s transformation process, with the aim of raising awareness of the environmental, social, and economic challenges that accompany the energy transition.
“The event was conceived as a presentation of the sustainability report. The report clearly shows how all sustainability actions are undertaken in partnership; engagement with stakeholders and local communities is important, and therefore a natural extension of the sustainability report,” said Luigi Sampaolo, Head of Sustainability Positioning and Stakeholder Engagement at Eni. “This is precisely why we conceived an event to bring together the people and organizations that are following our path to integrating sustainability into our strategy through various strategic guidelines.”
Eni’s report highlights how, despite an international scenario characterized by geopolitical instability and energy market volatility, the group achieved its 2025 targets. In particular, net greenhouse gas emissions from Upstream activities decreased by 31% compared to the previous year and by 68% compared to 2018 levels , confirming the path towards zero net Scope 1 and 2 emissions from Upstream by 2030 and for the entire company by 2035.
Contributing to this result were the constant monitoring of methane emissions and the achievement of the zero routine flaring target in the operated activities.
For Eni, technology and innovation continue to be essential tools for reconciling energy security, industrial competitiveness, and sustainability. In 2025, the group has allocated over €460 million to research and development, open innovation, digitalization, and advanced technologies , with investments ranging from magnetic confinement fusion to low-energy supercomputing, to solutions for CO₂ capture and storage, biorefining, and the chemical recycling of plastics.
“Today we know that energy consumption is growing globally—we’re talking about 20-30% growth over the last decade—as are emissions. In this context, innovation and technology can offer solutions for socially, economically, and environmentally sustainable structures,” explained Lorenzo Fiorillo, Director of Technology, R&D & Digital at Eni. “We’re talking about solutions to improve and decarbonize transportation through biofuels. But looking even further, we’re talking about technologies such as magnetic confinement fusion and low-power supercomputing.”
The operating results of the satellite companies confirm the growing role of new technologies in the group’s business model. Plenitude has reached 5.8 GW of installed renewable capacity, up 41% from 2024, and is on track to reach its goal of 15 GW by 2030. In the United States, it also launched the largest battery storage facility in its portfolio, with a capacity of 200 MW, in Texas.
Enilive has also accelerated its growth in the biofuels sector, developing three new biorefineries and two additional projects in Italy and abroad. The goal is to reach a processing capacity of 5 million tons per year by 2030, up from the current 1.65 million tons, to support the production of HVO and Sustainable Aviation Fuel (SAF).
On the industrial decarbonization front, 2025 also saw the launch of a company dedicated to Carbon Capture & Storage (CCS), established in a joint venture with the GIP fund. The new entity will be responsible for enhancing the portfolio of projects for carbon capture and storage, helping to accelerate their development.
According to Eni, these results confirm the validity of the satellite model adopted in recent years, considered a strategic tool for attracting capital, enhancing the value of various industrial activities, and supporting the growth of technologies necessary for the energy transition.
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(Featured image by Maksym Kaharlytskyi via Unsplash)
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