ESG rating and sustainability indices

How sustainable we are

Sustainability information is increasingly analysed by investors and the financial market, who look more analytically at the ability of a company to develop sustainable business strategies and plans over time, with measurable objectives and concrete actions that demonstrate the company’s ability to manage risks and exploit the opportunities of changing markets and scenarios.
The resulting ESG ratings and inclusion in sustainability indexes help investors identify risks and opportunities linked to sustainability in their investment portfolio.

We are proud that Saipem has been maintaining or improving its positioning in the main ESG ratings and indexes, reaching a sector leadership position in most of them.

Main ESG ratings at December 31, 2023

Leading ESG rating agencies	Rating	Average Sector Rating	Scale
MSCI	A	BBB	CCC<AAA
Sustainalytics	19,4	27,1	100<0
Moody’s ESG	62	48	0<100
S&P	77	25	0<100
CDP	B	C	D<A
Refinitiv	89,7	68,1	0<100
Bloomberg	6,6	5	0<10
ISS ESG	B-	C-	D-<A+

Bloomberg’s rating was calculated as an average of ESG Disclosure and ESG score ratings.
Average sector ratings for Sustainalytics, CDP, Refinitiv and Bloomberg were calculated on the basis of selected peer ratings.