Sustainability Model

For Saipem, Sustainability is the key to create a solid network of relationships with the stakeholders, whose engagement is fundamental for Saipem to obtain a competitive advantage from it.

Saipem has implemented a Sustainability Model that allows to manage the complexity of the contexts in which it operates and the challenges that Sustainability has to afford.

Principles
Bringing together the group common framework of values, fully in compliance with the Code of Ethics, the Sustainability Policy provides the foundation to the Saipem culture of Sustainability. It practically guides the way the group and its employees are due to conduct business, both into daily operations and in long-term planning.

Organization
Saipem has a Sustainability Committee that provides strategic guidance on aligning business strategy with a sustainable approach.
A Sustainability Team supports the Committee and coordinates the Sustainability activities at Corporate level. The Team is supported by a cross functional working group and local facilitators in all the relevant countries.

Stakeholder Engagement
Saipem stakeholders represent a wide range of interests, all of which are important for the Sustainability of the Company business. Establishing and maintaining lasting relationships is critical for the long-term Sustainability of the Company. That is why the Stakeholder Engagement is fundamental to understand needs and priorities of every figure involved in Saipem business.

sustainability - model

last update:  May 15, 2012; h 11:21