Saipem maintains its strategic choice to be one of the protagonists and enablers of the energy transition. This technology will enable a transition capable of combining growth, economic wellbeing, inclusion and environmental sustainability.
Our strategy to prevent climate change and protect the environment finds its practical application in the Net Zero Programme and is based on two pillars:
- to improve the efficiency of our assets, operations and procurement chain in order to reduce Scope 1, 2 and 3 greenhouse gas emissions;
- to support our clients along their path to decarbonisation by acting as facilitator for low climate and environmental impact strategies and technologies and simultaneously playing a key role in energy transition.
We embrace new models, which create value and safeguard the environment by improving resource management, eliminating waste and maximising circularity, protecting biodiversity and combating deforestation. The reduction in waste and a circular economy to manage operations and construction sites are essential in order to achieve reduced emissions as part of Saipem's carbon footprint.
In addition, a good degree of biological diversity increases resilience and the ability to adapt and respond to the physical risks linked to climate change. We intend to contribute immediately to energy decarbonisation all along our value chain. Thus, we will accomplish the double effect of reducing our carbon footprint and also that of our clients, for whom we wish to be their technological partner along their path to net-zero.
In order to achieve these objectives, Saipem has adopted a dual strategy: on the one hand, it stands as technological partner of energy companies in complex projects to implement their journey towards Net-Zero; on the other, it operates as supplier of installations and modular/scalable solutions for applications, such as CO2 capture, plastic recycling or biofuel production, which are becoming important for a growing number of industrial supply chains.
For example, projects to decommission existing platforms all contribute to the circular economy, e.g. the BP Miller project, the LOGGS project and the Costa Concordia demolition project, which was one of the major ecological, naval, recycling projects in Europe, totalling approximately 87% of recycled materials. As regards water management, the Spence Growth Option project was designed to develop a desalination plant and water pipelines in northern Chile.
Saipem's initiatives and projects
Initiatives and projects aimed at decarbonisation, the circular economy and energy efficiency are concerned mainly with:
- developing and constructing infrastructures to produce energy from renewable sources, e.g. traditional, photovoltaic installations and floating foundations that can be used in water basins and out at sea, and offshore wind farms (on fixed and/or floating foundations);
- developing projects for the circular economy, analysing investment procedures with the help of specific technologies (e.g. technologies that enhance solid urban and industrial waste, plastic disposal);
- models of intervention to promote, develop and build infrastructures to supply, transform and use liquefied natural gas (LNG) in maritime transport.
Our 4 strategic pillars
Our solutions for the Circular Economy
Our low carbon solutions