Eni, CNH Industrial and Iveco Group have signed a memorandum of understanding

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San Donato Milanese (Milan), 25 years oldand May 2022 – Eni, CNH Industrial (NYSE: CNHI / MI: CNHI) and Iveco Group (MI: IVG) signed a Memorandum of Understanding for possible joint social development initiatives in countries of common interest in the areas agriculture, sustainable mobility and education, contributing in their respective industries.

More specifically, the parties will focus on improving the value chain in the agricultural sector in order to promote food security, increase the efficiency of agriculture and market access for farmers – notably through the development solutions for more sustainable logistics and the movement of goods and people. Another important aspect of the partnership is the professional training of young adults, students and entrepreneurs, as well as the interaction with local communities, through an approach based on listening and dialogue, and initiatives adapted to specific local needs. The partnership will provide concrete social support by investing in the creation of quality training, thus expanding training opportunities for young adults with a view to their professional integration.

“This Memorandum of Understanding demonstrates the key role of the private sector in financing for development, as underlined by the United Nations Conference in Addis Ababa in 2015. Three large private companies are pooling their expertise and experience in the development of cooperation projects, technical training and mechanization to promote access to education and economic diversification in the areas concerned, strengthening the sustainability of the agricultural supply chain in the food and energy,” said Guido Brusco, Eni’s General Manager of Natural Resources.

“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. It is a sector that draws its strength from quality, production, traceability and proximity to the land. It is also deeply impacted by the technological challenges of our present and future,” said Carlo Lambro, brand president of New Holland Agriculture, a brand of CNH Industrial. “The climate crisis, the ecological transition and the preservation of the environment are issues that require companies like CNH Industrial to show the way and be the driving force to meet these challenges. Thanks to this agreement with Eni and the Iveco Group, we are confident that we can effectively and efficiently develop our activities in this space. »

“New sustainable transport solutions must contribute to achieving decarbonization and environmental protection objectives. In the meantime, it is important to support continuing education projects that respond to 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 challenge of ecological transition must also bring opportunities for economic and social growth. We will join forces with Eni and CNH Industrial to leverage each other’s expertise and continue our commitment to accessible, inclusive and sustainable mobility.

The non-exclusive MoU will create opportunities for authentic and innovative collaboration to help achieve the United Nations Sustainable Development Goals (SDGs).

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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, which will see it achieve net zero emissions by 2050 and provide a variety of fully decarbonized products, combining environmental sustainability and financial, focusing on the technological leadership that has been built over years of research and innovation. The recent merger of renewable energy, retail and e-mobility companies into Plénitude and the upcoming establishment of a new entity focused on sustainable mobility where the biorefining, service station and carpooling, are among the main levers to take the path of decarbonization. To accelerate the transition, these levers have been supplemented by the referencing of Var Energized and Energy One and the creation of tiles, a joint venture with BP in Angola. In addition to new business models, Eni’s strategy is also based on synergy with stakeholders and the development of proprietary and revolutionary technologies to meet the challenge of decarbonization. Eni aspires to contribute to the achievement of the Sustainable Development Goals (SDGs) of the United Nations Agenda 2030, supporting a just energy transition that addresses the challenge of climate change with concrete and economically sustainable solutions by promoting efficient access and sustainable access to energy resources, for all.

Eni company contacts:

Press office: Such. +39 0252031875 – +39 0659822030
Toll-free number for shareholders (from Italy): 800 940 924
Toll-free number for shareholders (from abroad): + 800 1122 3456
Switchboard: +39 0659 821

[email protected]
[email protected]
[email protected]

Website: www.eni.com

CNH Industrial (NYSE: CNHI / MI: CNHI) is a world-class equipment and services company. Driven by its purpose to innovate, which focuses 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. Worldwide, HI case and New Holland Agriculture provide 360° agricultural applications, from machines to tools, and the digital technologies that enhance them; and CASE and New Holland construction equipment offer a complete line of construction products that make the industry more productive. The Company’s regional brands include: STEYRfor agricultural tractors; Ravenleader in digital agriculture, precision technologies and the development of autonomous systems; Flexi Coilspecialized in tillage and seeding systems; Millermanufacture of application equipment; Kongskilde, providing tools for tillage, seeding and haymaking and forage; and Eurocomach, producing a wide range of mini and midi excavators for the construction sector, including electric solutions. Throughout a history of more than two centuries, CNH Industrial has always been a pioneer in its sectors and continues to innovate with passion and drive the efficiency and success of its customers. As a truly global company, CNH Industrial’s more than 37,000 employees are 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 about CNH Industrial and its brands, visit: media.cnhindustrial.com

contacts:
Rebecca Fabian
Anna Angelini
North America UK
Such. +1 312 515 2249 Such. +44 (0)7725 826 007

Email: [email protected]

Iveco Group (MI: IVG) is a global automotive leader active in utility and specialty vehicles, powertrains and related financial services. Each of its eight brands is a major player in its specific business: IVECO, a pioneering brand of commercial vehicles that designs, manufactures and markets heavy, medium and light trucks; FPT Industrial, a global leader in a wide range of advanced powertrain technologies in the agricultural, construction, marine, power generation and utility vehicle industries; IVECO BUS and HEULIEZ, brands of public transport and high-end buses and coaches; Iveco Defense Vehicles, for highly specialized defense and civil protection equipment; ASTRA, a leader in heavy-duty quarry and large-scale construction vehicles; Magirus, the reputable manufacturer of firefighting vehicles and equipment; and IVECO CAPITAL, the financial arm that supports them all. The Iveco group employs approximately 34,000 people worldwide and has 28 manufacturing plants and 29 R&D centers. Further information is available on the Company’s website: www.ivecogroup.com

Iveco Group Media contacts:
Francesco Polsinelli, Tel. : +39 335 1776091
Fabio Lepore, Tel. : +39 335 7469007
Email: [email protected]

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  • IVECO GROUP S.A.

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