Saipem confirms its strategic decision to be among the energy transition leaders and enablers. Technology will play a crucial role in enabling a transition that combines growth, economic wellbeing, inclusion, and environmental sustainability. And Saipem has always worked with innovative technologies to develop complex systems and infrastructures.
Our broader strategy to mitigate climate change and protect the environment is based on two pillars:
- supporting customers in their decarbonisation process, acting as a facilitator of low climate and environmental impact strategies and technologies, while simultaneously playing a key role in the energy transition;
- improving the efficiency of our assets, operations and supply chain to reduce Scope 1, 2 and 3 emissions within our Net Zero Programme;
What we mean by reducing
Scope 1, 2 and 3 emissions:
- Scope 1: emissions from sources that are under the operational control of Saipem, for example, emissions from combustion in owned or controlled boilers, generators, vehicles, etc.
- Scope 2: indirect emissions from the generation of purchased or acquired energy (electricity or heat) consumed by Saipem.
- Scope 3: all indirect emissions (not included in scope 2), includes emissions from producing, shipping, and disposing of goods used by the company, as well as from employee commuting and business travels.
The pillars find concrete expression in defined and structured objectives
The achievement of Net Zero by 2050 for emissions, as a long-term objective, with specific and timely efficiency initiatives to immediately start reducing the carbon footprint of assets and operations, by also supporting customers in their decarbonisation process, through intermediate targets:
- Achieving Carbon Neutrality in Scope 2 emissions by 2025
- 50% reduction of Scope 1 and 2 emissions by 2035
Supply chain sustainability by:
- Enhancing the monitoring of its carbon footprint
- Researching options for low carbon technologies and materials in the market, to refine the strategy to manage Scope 3 targets;