Through this section and the third macro-pillar of our Sustainability Plan we demonstrate our commitment to the communities in which we operate. By prioritising local hiring, training, procurement and investment, we not only stimulate economic growth but also cultivate trust and collaboration with our stakeholders.
Our commitment to ethical business
Saipem is dedicated to maintaining a governance system aligned with international best practices for sustainable development. Sustainability, to Saipem, involves a profound sense of responsibility towards stakeholders, fostering fair relationships crucial for project success.
Our sustainability model is integrated into all business processes, prioritizing excellence and long-term goals. This model focuses on risk management and upholding corporate values, committing to principles like loyalty, fairness, transparency, efficiency, and market openness.
Responsible supply chain
Reinforcing ethics and creating value in every link of the chain.
In 2023, our supply chain experienced significant changes, partly due to regulatory changes including the extension of the EU Emission Trading System (ETS) to the maritime sector, the introduction of the Corporate Sustainability Due Diligence Directive (CSDDD), and the Carbon Border Adjustment Mechanism (CBAM).
These shifts led our clients and suppliers to launch sustainability programs that shared a common theme: a strong call for collaboration and strategic alignment in sustainability efforts, aiming to enhance transparency throughout all levels of the supply chain.
Local impact
Empowering the future through community development.
In our interconnected world, local actions can have global impacts. With over 65 years of experience, we've learned that initiatives like job creation or reducing our environmental footprint resonate far beyond their immediate locales.
As a leading player in the energy market, operating across more than 50 countries, focusing on grassroots levels is essential for cultivating prosperous communities and ensuring our company’s long-term success. Our decentralised structure empowers us to address local needs effectively while tackling global sustainability challenges, demonstrating our commitment to both local and global progress.
Innovation and digitalisation for sustainability
Advancing the energy transition with technological innovation.
Saipem has always focused on technological innovation and is currently dedicated to leading the way in the energy transition through increasingly digitalised tools, technologies and processes. These efforts have focused on environmental sustainability from the outset, whilst simultaneously strengthening the company’s competitive position in the Oil&Gas industry.