Eni recognized as Global Compact LEAD by UN

Must Read

Rystad Energy warns 2nd COVID-19 wave could see oil demand losing another 2.5 million bpd

As the number of confirmed new COVID-19 cases surges to new global highs of beyond 200,000 per day, a...

Pirates grab nine Nigerians from BW Offshore FPSO

At approximately 4:20 am local time on Thursday, BW Offshore’s FPSO Sendje Berge was subject to an attack by...

OPEC cuts production to 1991 levels in bid to revive oil demand

(Bloomberg) - OPEC slashed oil production to the lowest level since the Gulf War in 1991, as it escalated...
OilNOW
OilNow is an online-based Information and Resource Centre which serves to complement the work of all stakeholders in the oil and gas sector in Guyana.

Italian multinational oil and gas company Eni announced on Monday that it has been recognized as Global Compact LEAD, demonstrating the company’s ongoing commitment to the United Nations’ corporate sustainability initiative.

The decision was revealed at UN Headquarters in New York during the UN Global Compact Leaders Summit 2018, the company said.

“Today’s decision is a recognition of Eni’s continued efforts on sustainability, which is an integral part of each of our businesses,” the company’s Chief Executive Officer Claudio Descalzi said on Monday.

The Global Compact is a United Nations initiative aimed at mobilizing companies from various industries to work on making business and society more sustainable. It is a call to companies everywhere to align their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption, and to take action in support of UN goals and issues embodied in the Sustainable Development Goals (SDGs).

The UN Global Compact is a leadership platform for the development, implementation and disclosure of responsible corporate practices. Launched in 2000, it is the largest corporate sustainability initiative in the world, with more than 9,000 companies and 3,000 non-business signatories based in over 160 countries, and nearly 70 Local Networks.

- Advertisement -

Latest News

Rystad Energy warns 2nd COVID-19 wave could see oil demand losing another 2.5 million bpd

As the number of confirmed new COVID-19 cases surges to new global highs of beyond 200,000 per day, a...

Pirates grab nine Nigerians from BW Offshore FPSO

At approximately 4:20 am local time on Thursday, BW Offshore’s FPSO Sendje Berge was subject to an attack by pirates offshore Nigeria in which...

OPEC cuts production to 1991 levels in bid to revive oil demand

(Bloomberg) - OPEC slashed oil production to the lowest level since the Gulf War in 1991, as it escalated efforts to revive global markets...

Liza Crude could be ‘oil of choice’ as refiners seek lighter, sweeter blend

The relaxing of COVID-19 lockdown measures is resulting in more vehicles taking to the roads and this is driving up the demand for lighter,...

Exxon signals second quarterly loss in a row on production, refining hits

(Reuters) - Exxon Mobil Corp’s oil and gas producing and refining businesses will report operating losses in the second quarter, it said in a...

More Articles Like This