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Lanscape with snowy mountain peaks

Our climate change objectives

Reduce carbon intensity by 3% compared to 2016 levels by 2020.

Reduce 3 Mt CO2 in the period 2018-2025.

Reduce methane emissions by 25% compared to 2016 levels by 2025.

Reduce flaring by 50% as compared to 2017 levels by 2025.

Working with other companies and international organizations to reach a common goal

Logo Oil & Gas Climate Initiative

Oil & Gas Climate Initiative

We are part of the OGCI, an industry-led initiative that encourages the sector to work toward net zero emissions by reducing emissions from transport, minimizing methane emissions, improving energy efficiency, and implanting CCUS technology.
Sustainable Development Goals wheel

Sustainable Development Goals

We support the UN’s 2030 Agenda and have prioritized seven Sustainable Development Goals, particularly SDG7 — Affordable and clean energy — and SDG 13 — Climate action.
Coats of arms of the Holy See and Vatican City

"The Energy Transition & Care for our Common Home" Summit

We took part in a summit involving Pope Francis I and the main leaders from the world's top energy companies to reflect upon the main aspects of moving towards a fair energy transition.

Real solutions for a global challenge

  • CO2 icon
    Between 2006 and 2017, we cut our emissions by 4.9 million metric tons of CO2e.
  • Natural gas
    We promote the use of natural gas (73% of our total proved reserves are gas).
  • Investments
    We have an installed capacity of 2.9 GW for generating electricity with low CO2 emissions.
  • Green bond
    We have over 800,000 electricity and gas customers.