Saipem has established specific objectives and corresponding implementation programs for each of the 12 strategic ESG areas outlined in the Sustainability Plan.
Saipem's main sustainability goals, aligned with the United Nations’ Sustainable Development Goals (SDGs), are summarised in the table. These goals are categorised under three guiding principles: Climate Change Prevention, Centrality of Human Capital, and Creation of Sustainable Value.
Climate change mitigation and environmental protection
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| 2023-2026 Objectives | Status | 2023 Results | Target year |
|---|---|---|---|
|
GHG emissions avoided through energy management initiatives (38 kt of CO₂ eq for 2023 and 138 kt of CO₂ eq for the 2023-2025 period)* |
50%
|
Emissions avoided through energy management initiatives: 47 kt of CO₂ |
2023 |
|
30%
|
2025 | ||
| GHG emissions offset through Saipem's offsetting strategy (250 kt of CO₂ eq)* |
30%
|
100 kt of CO₂ eq acquired, of which 70 kt from REDD+ projects in carbon credits | 2023-2025 |
| Carbon Neutrality for Scope 2: activate the purchase of 100% renewable energy, preferably certified, in all offices, where applicable (including I-REC certificates) and offsetting the remaining share of emissions |
60%
|
Finalised an offsetting credit agreement with 3 companies and purchases (see objective above) | 2025 |
| Evaluating the introduction of an internal carbon price shadow as part of investment decision-making processes |
45%
|
Ongoing analysis |
2024**
|
Targets introduced in 2024-2027 plan
| New 2024-2027 objectives | Target year |
|---|---|
| Renewal of third-party certification for the Net Zero Programme | 2024 |
| GHG emissions avoided through energy management initiatives (47 kt of CO₂ eq) | 2024 |
| GHG emissions avoided through energy management initiatives (163 kt of CO₂ eq for the 2024-2026 period)* | 2024-2026 |
| GHG emissions offset thanks to Saipem's offsetting strategy (250 kt of CO₂ eq for the 2024-2026 period)* | 2024-2026 |
| Structuring a transformation programme to strengthen partnerships with clients and vendors, improving traceability of emissions of acquired goods and services’ emissions, to redesign a resilient and transparent Supply Chain in compliance with CBAM (Carbon Border Adjustment Mechanism) regulation | 2024-2025 |
| Continue participating in the SAF programme | 2024-2027 |
| Issuance of corporate criteria/guidelines for the selection of offset portfolio projects | 2024-2025 |
| Set interim targets for the period on Scope 3 greenhouse gas emissions | 2026 |
| Mapping clients’ emissions | 2024 |
| Certification of a sustainable event in line with UNI EN ISO 20121:2012 | 2026 |
| Organisation of 2 low impact events with emission offsetting in Milan and Fano, Italy | 2024 |
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| 2023-2026 Objectives | Status | 2023 Results | Target year |
|---|---|---|---|
|
Systematising the mapping of operational sites in sensitive areas for biodiversity |
50%
|
Mapping of Saipem operational sites in sensitive areas in accordance with IUCN categories for biodiversity and the UNESCO World Heritage List of Protected Areas for Biodiversity with Geographic Information System (GIS) |
2023 |
| Mapping the operating sites of major suppliers in biodiversity-sensitive areas |
30%
|
Definition of a list of significant suppliers and ongoing analysis through external partners | 2025 |
| Continue spill mapping and risk analysis with 2 new Oil Spill Mappings and Risk Assessments in the ABSER Business Line |
100%
|
Implementation of 2 new Oil Spill and Risk Assessments | 2023 |
| Continue efforts to reduce waste and increase the types of recyclable waste sent for recycling |
100%
|
Maintaining 100 per cent recycled waste types at most applicable sites | 2023*** |
Targets introduced in 2024-2027 plan
| New 2024-2027 objectives | Target year |
|---|---|
| Installation of a potable water system on board the FDS | 2024 |
People centrality
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| 2023-2026 Objectives | Status | 2023 Results | Target year |
|---|---|---|---|
|
Introduction of an onboarding programme for new employees |
50%
|
Training, mentoring and job rotation for new recruits was introduced |
2023 |
| Ensure continuation of the “Sinergia Programme” |
100%
|
The programme continued involving five high schools | 2023-2026 |
| Implementation of certified Project Management training courses by the Saipem Academy |
100%
|
76 project management diplomas were delivered | 2023 |
| Launch of the “Fondo Nuove Competenze” training project for all Saipem Italy employees, with the aim of involving 50% of employees |
100%
|
Training activities were implemented and concluded, involving 85% of the target employees | 2023 |
Targets introduced in 2024-2027 plan
| New 2024-2027 objectives | Target year |
|---|---|
| Completion of the first edition of the HSE Master and launch of a new edition | 2024 |
| Launch of the Saipem ITS (Istituto Tecnico Superiore) in the Marche region, Italy | 2026 |
| Participation in the launch of the "Centro Orientamento Nazionale" in Italy | 2026 |
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| 2023-2026 Objectives | Status | 2023 Results | Target year |
|---|---|---|---|
|
Prepare a feasibility study for a “Global Employment Guideline” |
50%
|
Feasibility study carried out |
2023 |
| Increase the number of female STEM employees at Saipem SpA* |
30%
|
Activities were developed with universities and the “Role Model” project was continued | 2025 |
| Obtain Gender Equality certification in line with Italian Reference Practice No. 125:2022 |
100%
|
Certification was obtained in November | 2023 |
| Attainment of ISO 30415 - Human Resource Management Diversity and Inclusion |
100%
|
The certificate was maintained | 2023 |
| Adopt a Gender Equality criterion in the recruitment process for structure positions* |
80%
|
Criteria and guidelines have been defined | 2025 |
Targets introduced in 2024-2027 plan
| New 2024-2027 objectives | Target year |
|---|---|
| Adoption of a Global Employment guideline | 2025 |
| Launch of a mentoring programme | 2024 |
| Parental Onboarding programme: feasibility study (2024) and implementation | 2026 |
| Obtain Gender Equality certification in line with Italian Reference Practice No. 125:2022 | 2023 |
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| 2023-2026 Objectives | Status | 2023 Results | Target year |
|---|---|---|---|
|
Maintain a TRIFR and HLFR no higher than the average of the last 5 years each year until 2026. For 2023, the average of the last 5 years' TRIFR is 0.43 and HLFR is 0.98* |
50%
|
In 2023, the TRIFR stood at 0.32 and the HLFR at 0.74 |
2023-2026 |
| Maintain a TRIFR and HLFR for subcontractors no higher than the average of the last 5 years for each year until 2026. For 2023, the average of the last 5 years' TRIFR is 0.32 and the HLFR1 is 0.57 |
100%
|
The TRIFR of subcontractors stood at 0.23 and the HLFR at 0.44 | 2023-2026 |
| Involving corporate management in LiHS |
100%
|
750 managers took part in the LiHS Workshop | 2023 |
| Implement innovative initiatives to further strengthen safety performance, such as the Fire Prevention Campaign in 2023 |
30%
|
A Fire Prevention campaign is being delivered and a new Human Factor campaign is being designed | 2025 |
| Implementation of the Digital Permit to Work (e-PTW) on board 100% of the Saipem fleet |
40%
|
In 2023, 32% of the Saipem fleet had Digital Permit to Work on board. The implementation of e PTW on board the Saipem fleet is continuing | 2026 |
| Improving the efficiency and use of telecardiology services |
100%
|
By 2023 the utilisation rate stood at 75% of the identified sites | 2023-2026 |
| Extending the application of telemedicine services |
80%
|
In 2023, telepsychology and teledermatology services were starting up at all identified sites | 2023-2026 |
| Launching employee health initiatives on mental health, cardiovascular risk prevention and proper nutrition |
100%
|
In 2023, 14 events on topics such as diabetes, cancer, hepatitis were carried out | 2023-2026 |
| Creating a Smart Clinic for the Fano and Arbatax sites in the period |
80%
|
The activities for the Smart Clinic in Fano are underway | 2026 |
| Implement a methodology to identify countries in which to launch health related sustainability initiatives |
80%
|
A methodology has been developed and is being applied in projects in India and Indonesia | 2026 |
| Reviewing and updating the contents of the “Sì Viaggiare” application for public health services |
100%
|
The “Sì Viaggiare” application was updated during the year | 2023 |
Targets introduced in 2024-2027 plan
| New 2024-2027 objectives | Target year |
|---|---|
| Maintain a TRIFR and HLFR no higher than the average of the last five years each year until 2027*. For 2024, the average of the last 5 years’ TRIFR is 0.41 and HLFR is 0.92 | 2024-2027 |
| Maintain a TRIFR and HLFR for subcontractors not exceeding the average of the last five years for each year until 2027. For 2024, the average of the last 5 years’ TRIFR is 0.29 and the HLFR1 is 0.55 | 2024-2027 |
| Develop and deliver a new HSE training initiative based on Human Performance principles | 2027 |
| Strengthen the leadership of Saipem and its partners in the safety field, through engagement initiatives with key stakeholders such as clients and suppliers | 2027 |
| Launch of new medical check-ups for selected segments of Italian employees | 2024 |
| Introduction of the Hepatitis C Virus screening test in protocols | 2027 |
| Maintenance of SA8000 certification | 2024 |
| Human rights risk assessment at all operational sites | 2024 |
Value creation
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| 2023-2026 Objectives | Status | 2023 Results | Target year |
|---|---|---|---|
|
Expand the number of suppliers registered in Open-es and strengthen the information and data available on the platform |
50%
|
Onboarding was carried out for about 800 internationalsuppliers involved |
2023-2026 |
| Expand the number of suppliers registered on Carbon Tracker and strengthen the information and data available on the platform |
30%
|
In June 2023, one meeting was carried out with 250 suppliers, in addition 30 one-to-one meetings were carried out with as many suppliers | 2023-2026 |
| Raise awareness on human and labour rights among Saipem's key contractors |
100%
|
70% of the target suppliers participated in the training | 2023 |
| Carry out (desktop) audits of Saipem suppliers on human and labour rights issues |
100%
|
Audits were carried out on 10 main suppliers | 2023 |
| Reinforce competencies on sustainability issues within the supply chain function through specific training |
10%
|
A pilot training was delivered to 39 resources | 2024 |
| Conduct new market surveys to identify possible environmental requirements applicable in procurement processes |
100%
|
Two new market surveys were carried out on equipment for our fleet and a survey on contracting services | 2023-2026 |
| Reinforce the supplier qualification process with regard to ESG issues as part of the corporate qualification system update |
90%
|
In the process of completion following decision to join, by invitation, the Open-es platform for the ESG part of supplier qualification | 2023 |
Targets introduced in 2024-2027 plan
| New 2024-2027 objectives | Target year |
|---|---|
| Increase in the number of suppliers on the Carbon Tracker platform: 800 suppliers | 2026 |
| Adopt minimum environmental requirements in purchasing processes: launch of 2 new market surveys | 2024 |
| Training of supply chain personnel on ESG issues | 2024 |
| Conduct human and labour rights audits of suppliers and employment agencies (11 audits) | 2024 |
| Awareness-raising initiatives on human and labour rights, involving 50% of key subcontractors in high-risk countries | 2024 |
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| 2023-2026 Objectives | Status | 2023 Results | Target year |
|---|---|---|---|
|
Continue public health initiatives, e.g. related to malaria prevention and health promotion and awareness |
50%
|
Numerous health promotion initiatives were organised in the region, including malaria prevention |
2023 |
| Develop a methodology to monitor the effectiveness of initiatives on the ground |
60%
|
A methodology has been developed and will be applied to the initiatives planned for 2025 | 2023-2026 |
| Implementation of a biodiversity protection initiative (pilot Seabin initiative) |
100%
|
Implemented in Venice (Italy) | 2023 |
Targets introduced in 2024-2027 plan
| New 2024-2027 objectives | Target year |
|---|---|
| Implement the 2024 Local Community Initiatives Plan as planned | 2024-2027 |
| Installation of a new seabin in the Arbatax area (Italy) and renewal of the seabin installed in 2023 in Venice (Italy) | 2024 |
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| 2023-2026 Objectives | Status | 2023 Results | Target year |
|---|---|---|---|
|
Maintain the Detection and Response process in accordance with ISO/IEC 27001 through confirmation of certification |
50%
|
Certification confirmed in February 2023 |
2023 |
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| 2023-2026 Objectives | Status | 2023 Results | Target year |
|---|---|---|---|
|
Continue training in Anti-bribery and Compliance 231 for at-risk personnel, covering 100% of the countries in the training plan* |
50%
|
Training was carried out for 18 countries and an update was performed for 2 countries |
2023 |
| Implement a job rotation programme for recent graduates to ensure experience in the Control and Compliance Functions* |
100%
|
The implementation of the programme involving 16 new recruits has begun | 2025 |