Saipem has signed two agreements with Air France-KLM and SAS - Scandinavian Airlines to participate in their corporate programs, aimed at supporting the transition from fossil fuel to Sustainable Aviation Fuel (SAF). For the same purpose, Saipem has also decided to use the 'Corporate Value Fund' credit, accrued through membership in the Lufthansa loyalty programme, to purchase SAF.
Saipem will thus contribute to the reduction of the airlines’ carbon footprint, while limiting its own Scope 3 emissions.
According to the International Energy Agency, air travel is the most carbon intensive means of transport, considering mile per passenger. In 2022, aviation accounted for 2% of global energy-related CO2 emissions, having grown faster in recent decades than rail, road or shipping. The airline industry has committed to joint targets to decrease its environmental impact.
Sustainable Aviation Fuel is the most innovative jet fuel, made from waste products like used cooking oil and forest residues and is the most effective alternative, as it reduces carbon emissions by up to 80% compared with regular jet fuels commonly utilized today.
Saipem uses air transportation daily, being present in more than 50 countries and employing over 30,000 people of more than 120 nationalities. Its participation in these initiatives will increase travel efficiency while enabling the company to play a role in supporting sustainable aviation. It is also further proof of Saipem’s strong commitment to achieve the objectives set in its Sustainability Plan “Energy for a Sustainable Future”, namely reaching Net Zero in 2050 for Scope 1, 2 and 3 emissions, achieving Carbon Neutrality of Scope 2 emissions by 2025 and reducing Scope 1 and 2 emissions by 50% by 2035.