Eni Ranks First in Corporate Transparency Reporting
OREANDA-NEWS. Eni was ranked first in the world for transparency of corporate reporting. This result was assessed by Transparency International by examining the 124 largest listed companies in the world and analyzing their corporate reporting against three main metrics: anti-corruption programs, organization (e.g. relationship with subsidiaries and affiliates) and the disclosure of key financial information on a country-by-country basis.
Eni topped the list (which also includes several companies in the Oil & Gas field), gaining 7.3 points out of the 10 available. It achieved an excellent score, particularly with respect to transparency and anti-corruption programs and was ranked as “best performer' for organizational reporting.
Eni supports the Extractive Industries Transparency Initiative (EITI), an international initiative involving governments, business and civil society to promote transparency and good governance of the revenues from the extractive industries.
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