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Preliminary Q4 2018 Eni SpA Earnings Call Transcript
Good afternoon, ladies and gentlemen, and welcome to Eni's 2018 Fourth Quarter and Full Year Results Conference Call, hosted by Mr. Claudio Descalzi, Chief Executive Officer. (Operator Instructions) I will now hand your conference over to your host to begin. Please go ahead, sir.
Thank you. Good afternoon, and welcome to the 2018 full year results presentation. The transformation undertaken by Eni in the last year has allowed us in 2018 to further improve our results both from operational and financial point of view. We have been able to accelerate the implementation of our strategy, achieving remarkable milestones in terms of geographical diversification and in the rebalancing of our businesses. In terms of our priorities, in 2018, in safety, we've stated a total recordable injury rate of 0.35, confirming that we are in the lower range of the industry average.
For the environment, we are strongly committed to reduce the carbon footprint of our activities. Upstream GHG intensity decreased by 6%
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