Listening to and engaging with stakeholders are fundamental activities for strengthening trust and building shared value, as well as for pursuing concrete sustainable development priorities. We maintain fair and transparent dialogue with stakeholders because we believe that engagement and cooperation with the people we impact and interact with are key to creating value.
Our stakeholder engagement process
Identifying stakeholders and understanding their needs and expectations is essential to defining an effective engagement strategy wherever Saipem operates.
Who are our stakeholders
We help clients as they pursue their own energy transition objectives and support their path to achieving Net Zero through safe, competitive, and sustainable projects.
We recruit and retain talented personnel, fostering their development, motivation, and competence, as well as guarantee safe, healthy and inclusive working environments.
We foster long-term relationships and provide support in their decarbonisation journey and sustainable growth initiatives.
We strive to contribute to the social, economic and cultural development of the communities where we operate to improve their living conditions.
We generate value by participating in development projects with the local organisations and NGOs that work in the areas where we operate.
We build and maintain transparent and fair relationships based on a strategy of long-term and shared value creation in all areas of our operations.
We develop sustainable business strategies and plans with measurable objectives and concrete actions, demonstrating our ability to manage risks and exploit the opportunities of changing markets and scenarios.
Double Materiality Assessment
Double materiality is about understanding the sustainability issues that affect our business and how our operations impact society and the environment. By conducting this assessment, we can identify and prioritise the issues that are most relevant to us and our stakeholders. We defined an engagement strategy and involved over 2,000 internal and external stakeholders in online surveys, getting their views on a short list of relevant impacts, risks and opportunities that were identified by corporate functions. The assessment led to the identification of 27 material impacts, 11 material risks and 2 material opportunities associated with 29 material topics.
Our material topics (2024)
Discover more
