In 2016, Saipem officially joined the United Nations (UN) Global Compact, from whose principles of environmental protection, respect for human and labour rights and the fight against corruption the company draws inspiration to manage an ethical and sustainable business that creates value for its stakeholders. By joining the initiative, Saipem committed itself to respecting and promoting the Ten Principles of the UN Global Compact, by integrating them in the Company’s values, business strategy and operations: Saipem’s commitment to protecting and promoting human and labour rights is evidenced by its responsibility towards its people as well as by the attention it places on having an ethical and reliable supply chain; environmental responsibility is demonstrated by the continuous technological development that also minimises environmental impacts and by Saipem’s promotion of an ‘environmentally friendly’ culture among its stakeholders; Saipem is equipped with an advanced Corporate Governance system and actively takes part in the fight against corruption.
At the same time, Saipem does contribute to achieving the 17 Sustainable Development Goals (SDGs). In September 2015, all 193 Member States of the United Nations adopted the 2030 Agenda for Sustainable Development, a 15-year plan to end extreme poverty, fight inequality and injustice, and protect the planet. The 17 Sustainable Development Goals are at the heart of the agenda. In working towards these goals, Saipem has specifically focused on those* that relate directly to its core business and its ability to create value in the areas where it operates.
“We are truly committed to making this initiative and its principles an integral part of our business strategy, day-today operations and organisational culture.”
Stefano Cao, Saipem CEO