Saipem’s Sustainability Plan, adopted in 2022 and updated annually, is the framework for integrating sustainability into strategy and business management. It defines actions, objectives and targets to meet our sustainability goals, including objectives linked to variable incentive schemes for management.
The plan was developed in light of input from clients, investors, employees, governments, regulators, and local communities on the issues they told us it is most important Saipem acts on.
The plan is structured into three pillars and 13 thematic areas and sets out more than 90 targets outlining how we seek to leave a positive impact in the more than 50 countries in which we operate and strengthen relationships of trust with our stakeholders.
An overview of our Sustainability Plan
Climate change and environment
Through cutting-edge engineering technologies, multiple partnerships, and support for nature-based solutions, Saipem works to align climate action, environmental sustainability, and biodiversity protection. We are committed to reducing our carbon footprint and driving the global energy transition, guided by core priorities: achieving net zero and safeguarding biodiversity while protecting the environment.
People centricity
People are at the heart of our business. We commit to supporting the health, safety, wellbeing and professional development of everyone working at Saipem and in our value chain, as well as protecting their human and labour rights. Our leadership in safety culture remains a top priority – underlined by our long-standing commitment as we work to build a diverse, capable workforce primed to handle the many challenges of the energy transition.
Value creation
The work of Saipem depends closely on our relationship with clients, suppliers and subcontractors, as well as local communities. Being a sustainable player means creating value in all these relationships. We do this by investing in technological innovation and by acting with integrity and responsibility to build and maintain long term trust.
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