Eni, CNH Industrial and Iveco Group signed a memorandum of
understanding for joint sustainability initiatives in agriculture
and transport
San Donato Milanese (Milan), 25th May 2022 – Eni,
CNH Industrial (NYSE: CNHI / MI: CNHI) and Iveco Group (MI: IVG)
have signed a memorandum of understanding for potential joint
social development initiatives in countries of common interest in
the areas of agriculture, sustainable mobility and education,
contributing in their respective industries.
Specifically, the parties will focus on
enhancing the value chain in the agricultural sector to promote
food security, increase the efficiency of farming and farmers’
access to the market – including through the development of
solutions for more sustainable logistics and the movement of goods
and people. Another important aspect of the partnership is
professional training for young adults, students and entrepreneurs,
as well as interaction with local communities, through an approach
based on listening and dialogue, and initiatives tailored to
specific local needs. The partnership will enable the provision of
tangible social support through investment in the creation of
high-quality training courses, thus expanding educational
opportunities for young adults with a view to their entry into the
workplace.
“This memorandum of understanding demonstrates
the key role of the private sector in development financing, as
highlighted by the UN Conference in Addis Ababa in 2015. Three
leading private companies are pooling their expertise and
experience in developing cooperation projects, technical training,
and mechanisation to promote access to education and economic
diversification in the relevant areas, boosting sustainability in
the agricultural supply chain in the food and energy sectors,” said
Guido Brusco, General Manager Natural Resources of Eni.
“In today’s operating environment, individual
initiatives are not always enough to effectively achieve the
sustainability goals set by the international community. At CNH
Industrial, we want to make our contribution to identifying and
developing pioneering solutions and increasing sustainable
agricultural practices. This is a sector that derives its strength
from quality, production, traceability and having close ties to the
land. It is also deeply impacted by the technological challenges of
our present and future,” said Carlo Lambro, Brand President New
Holland Agriculture, a brand of CNH Industrial. “The climate
crisis, the ecological transition and the safeguarding of the
environment are issues that require companies such as CNH
Industrial to lead the way and be a driving force in addressing
these challenges. Thanks to this agreement with Eni and Iveco
Group, we are confident that we can efficiently and effectively
further develop our activities in this space.”
“New sustainable transport solutions must help
achieve decarbonization and environmental protection targets. In
the meantime, it is important to support continuous training
projects that address the new challenges facing the entire
production chain in the countries where we operate,” commented
Michele Ziosi, Senior Vice President of Institutional Relations
& Sustainability, Iveco Group. “The ecological transition
challenge must also bring about opportunities for economic and
social growth. We will join forces with Eni and CNH Industrial to
leverage each other’s expertise and pursue our commitment to
accessible, inclusive and sustainable mobility.”
The non-exclusive memorandum of understanding
will derive opportunities for genuine, innovative collaboration to
help achieve the United Nations Sustainable Development Goals
(SDGs).
***
Eni is an integrated energy
company with more than 30,000 employees in 69 countries around the
world. In 2020, the company launched a new strategy, further
accelerated in the following years, that will enable it to reach
the target of zero net emissions by 2050 and to provide a variety
of fully decarbonized products, combining environmental and
financial sustainability, focusing on the technological leadership
that has been built up over years of research and innovation. The
recent merger of renewables, retail and e-mobility businesses into
Plenitude and the forthcoming implementation of a new entity
focused on sustainable mobility where biorefining, fuel stations
and ride sharing businesses will merge, are among the main levers
for taking the path towards decarbonization. To speed up the
transition, these levers were complemented by the listings of Vår
Energi and Energy One and the establishment of Azule, a joint
venture with BP in Angola. In addition to the new business models,
Eni's strategy is also based on the synergy with stakeholders and
the development of proprietary and breakthrough technologies to
meet the challenge of decarbonization. Eni aspires to contribute to
the achievement of the Sustainable Development Goals (SDGs) of the
United Nations 2030 Agenda, supporting a just energy transition
that meets the challenge of climate change with concrete and
economically sustainable solutions by promoting efficient and
sustainable access to energy resources, for all.
Eni company contacts:
Press Office: Tel. +39
0252031875 – +39 0659822030Freephone number for
shareholders (from Italy): 800 940 924Freephone
number for shareholders (from abroad): + 800 1122
3456Switchboard: +39 0659 821
ufficio.stampa@eni.comsegreteriasocietaria.azionisti@eni.cominvestor.relations@eni.com
Website:
www.eni.com
CNH Industrial (NYSE: CNHI /
MI: CNHI) is a world-class equipment and services company. Driven
by its purpose of Breaking New Ground, which centers on Innovation,
Sustainability and Productivity, the Company provides the strategic
direction, R&D capabilities, and investments that enable the
success of its global and regional Brands. Globally, Case
IH and New Holland Agriculture supply
360° agriculture applications from machines to implements and the
digital technologies that enhance them; and CASE
and New Holland Construction Equipment deliver a
full lineup of construction products that make the industry more
productive. The Company’s regionally focused Brands include:
STEYR, for agricultural tractors;
Raven, a leader in digital agriculture, precision
technology and the development of autonomous systems;
Flexi-Coil, specializing in tillage and seeding
systems; Miller, manufacturing application
equipment; Kongskilde, providing tillage, seeding
and hay & forage implements; and Eurocomach,
producing a wide range of mini and midi excavators for the
construction sector, including electric solutions. Across a history
spanning over two centuries, CNH Industrial has always been a
pioneer in its sectors and continues to passionately innovate and
drive customer efficiency and success. As a truly global company,
CNH Industrial’s 37,000+ employees form part of a diverse and
inclusive workplace, focused on empowering customers to grow, and
build, a better world.
For more information and the latest financial
and sustainability reports visit: cnhindustrial.com
For news from CNH Industrial and its Brands
visit: media.cnhindustrial.com
Contacts:Rebecca Fabian |
Anna Angelini |
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North America |
United Kingdom |
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Tel. +1 312 515 2249 |
Tel. +44 (0)7725 826 007 |
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Email: mediarelations@cnhind.com
Iveco Group N.V. (MI: IVG) is a
global automotive leader active in the Commercial & Specialty
Vehicles, Powertrain, and related Financial Services arenas. Each
of its eight brands is a major force in its specific business:
IVECO, a pioneering commercial vehicles brand that designs,
manufactures, and markets heavy, medium, and light-duty trucks; FPT
Industrial, a global leader in a vast array of advanced powertrain
technologies in the agriculture, construction, marine, power
generation, and commercial vehicles sectors; IVECO BUS and HEULIEZ,
mass-transit and premium bus and coach brands; Iveco Defence
Vehicles, for highly-specialised defence and civil protection
equipment; ASTRA, a leader in large-scale heavy-duty quarry and
construction vehicles; Magirus, the industry-reputed firefighting
vehicle and equipment manufacturer; and IVECO CAPITAL, the
financing arm which supports them all. Iveco Group employs
approximately 34,000 people around the world and has 28
manufacturing plants and 29 R&D centres. Further information is
available on the Company’s website: www.ivecogroup.com
Iveco Group Media
Contacts:Francesco Polsinelli, Tel: +39 335 1776091Fabio
Lepore, Tel: +39 335 7469007E-mail:
mediarelations@ivecogroup.com
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