Eni Biofuel KEN

pending

 As part of the corporate zero net emissions strategy launched in 2020, Eni S.p.A. (Eni) is targeting net zero carbon emissions by 2050. This target will be achieved through a variety of fully decarbonized products, combining environmental and financial sustainability with a strong focus on technological leadership built on years of research and innovation.As part of this strategy, through its affiliate Eni Kenya B.V. (“the Company”), Eni has initiated a biofuel project in Kenya. The Project involves contractual engagement of third-party farmers and aggregators to supply oil seeds (feedstock) into Eni-owned agri-processing plants, where these seeds will be processed to produce vegetable oils for export to Eni bio-refineries in Italy and further refined into different bio-energy products (biofuels). Eni will develop and oversee supply chains for the agri-hubs, including ~200,000 ha of oilseeds production, and reaching over 200,000 smallholder farmers through contracted aggregators. The biofuels will be International Sustainability and Carbon Certification (ISCC) certified as advanced biofuels, being produced from “low indirect land-use change” (“Low ILUC”) feedstocks that do not compete with food production because these non-edible oilseeds, like castor and croton, are grown on degraded lands not suitable for food production and/or are grown in rotation/inter-cropping with food crops.