Decarbonisation is not only a goal, but also a process, where we constantly lay the foundations for the next step towards a sustainable future.
As we look to the future, we acknowledge that the advancements today and in the future are built upon the foundations laid by past progress.
Roadmap of the Net Zero Program and
long-term targets
Our 4 commitments
Reduce
Currently, Saipem's decarbonisation roadmap is based on the deployment of existing technologies during this decade, while a progressive increase in the employment of innovative and more efficient assets is being evaluated, as they will be available in the market. In the meantime, Saipem is carrying out studies on new and innovative technologies, such as emerging renewables, to be applied in the long term, as they will be gradually ready.
Inspire
To achieve change we must change. No climate plan can be achieved without a profound mindset shift throughout the Organization. It's essential that we inspire internal and external stakeholders, while listening to their needs and expectations. Collaboration and partnerships with institutions, research centers, universities, start-ups, and other industrial sectors is also crucial, as well as unlocking finance for supporting decarbonisation roadmaps.
Sustain
In line with our history, in addition to reducing emissions, we aim at a fair and just transition, supporting energy development and access for the communities in the countries where we operate.
We also want to play a role “beyond the value chain” by supporting offsetting projects, particularly nature-based solutions dedicated to protecting ecosystems and biodiversity while valuing their carbon sink potential and to local sustainable development.
Communicate
Transparency is not only useful to provide evidence of the progress of our efforts to the market, but it also stimulates us to be open and to actively listen to our stakeholders' expectations.
Our Net Zero plan
Net Zero emissions by 2050 is the guiding principle for climate action worldwide. Although this goal provides a clear end-point, the routes to achieve it differ significantly across various industries.
Our journey towards Net Zero will progress along two main areas: reducing our own carbon footprint and assisting our clients in doing the same. We plan to decrease emissions throughout our value chain through a series of strategic actions, including retrofitting, renewal, renewables, carbon capture, alternative fuels, electrification and digital transformation.
We planned a set of actions within our Net Zero Programme to reduce our emissions and meet the targets set.
The three “Rs”
Scope 1 and 2 emissions will be reduced over time through three key steps, attributable to three “Rs”:
- Retrofit (2018-2030) – First phase, where the energy efficiency of Saipem's operations and assets are increased based on the use of best available technologies.
- Renewal (2030-2040) – Second phase, where assets are replaced with innovative assets, which are more energy efficient and emit fewer greenhouse gas emissions (GHGs), leveraging digitalisation and unmanned operations.
- Renewables/CSS (2040-2050) – Third phase, with mass recourse to both conventional and advanced renewable energies and technologies, including floating wind, solar and t energy, along with the possible application of Carbon Capture & Storage technologies where feasible.
Furthermore, Scope 1 and 2 emissions will also be reduced thanks to:
- Electrification, with the transition from electricity generation using fossil-fuelled generators to the electricity grid.
- Alternative fuels, thanks to the replacement of fossil fuels with low carbon-emission fuels (e.g. HVO biofuel).
Working together with the supply chain
One of the biggest challenges in reducing our carbon footprint is related to indirect emissions, whose largest share comes from the company’s supply chain.
Saipem will support customers, suppliers and other players in the value chain in their decarbonisation process, acting as a facilitator for strategies and technologies with a low impact in terms of greenhouse gas emissions.
The steps in our process
A luminuous journey
In the scorching days of 2023 – the hottest year on record going back to 1850 – Saipem set a new milestone on a journey that had begun two years before.
Conceived as a case study in 2021, the Energy Carrier Business line used the sun-kissed landscapes of Hamriyah, in the UAE, as a launching pad for the development of a Portable Photovoltaic System.
Based on the investments made in 2022, this “Net Zero” project has gained momentum with an initial reduction in air and noise pollution, achieved by taming the diesel giant with solar panels during daylight and storing solar power in batteries for night time. In 2023, a larger 110 kW mobile photovoltaic system was designed and developed to banish diesel generators completely during the day, meeting peak energy needs only with power from the sun.
A solution crafted for dynamic fields like pipelines and ground-breaking engineering developments, Saipem’s Portable Photovoltaic System is nestled within a 40-foot container, easily transportable, and certified by the Convention for Safe Containers.
It effortlessly unfolds into three realms of power: first, a collapsible aluminium sanctuary bearing the solar panels. Next, an insulated haven cradling the storage system, inverters, and all electrical components in regulated climate comfort. Lastly, a redundancy chamber housing an emergency diesel generator, to be used only in the event of a prolonged storage system’ s twilight.
76.2
tonnes of CO₂ eq saved from june thanks to the containerised solar plant
76.2
tonnes of CO₂ eq saved from june thanks to the containerised solar plant
79%
reduction in the base’s energy demand thanks to all the energy efficiency initiatives implemented on the base
79%
reduction in the base’s energy demand thanks to all the energy efficiency initiatives implemented on the base
Below some thematic areas for in-depth study