Reporting Method

For the purpose of guaranteeing the quality of the information provided, the Saipem reporting process is based on the criteria of comparability, balance, accuracy, timeliness and clarity. In order to define the contents of the several Saipem communication tools, reference has been made to the principles of materiality, stakeholder inclusiveness, sustainability context and completeness.

Saipem has developed its own specific approach, mainly based on a structured framework, to analyse the needs of each stakeholder group and to ensure that these are taken into account. All of these requirements are assessed in relation to the Company’s mission and its strategy to develop sustainability.
A set of Key Performance Indicators (KPIs) supports the messages presented to the stakeholders and enables the Company’s performance to be assessed. The KPIs used are based on the panel of indicators put forward by the GRI as well as on best practices, adapted to the diversities and specificities of the operational contexts.

Data reported in the Sustainability Reports are taken from the information systems used for the general management and accounting of Company operations or from figures made available by recognised institutions.

Both documents, “Saipem Sustainability” and “Sustainability Performance”, were approved by the Board of Directors and distributed at the Shareholders’ Meeting convened to approve the Annual Report.