Sustainability scorecard
How we report our sustainability efforts
We provide annual updates on sustainability mainly through two reporting documents, providing stakeholders with a clear view of our performance, progress and challenges across material sustainability topics.
In 2025, we published our first “Consolidated Sustainability Statements”, prepared in accordance with the European Corporate Sustainability Reporting Directive (CSRD) and with Italian Legislative Decree No. 125 of December 6, 2024, and mandatorily included in the Directors’ Report of the Annual Report 2024. Our 2024 Sustainability Report, the 20th in our history, is a voluntary document, prepared with reference to the GRI Standards and structured around the pillars of our Sustainability Plan, highlighting our commitment to priority ESG issues and tracking our action towards our goals through relevant indicators and initiatives.
KPI and progress
| 2024-2027 Objectives | Target Year | 2024 Results | Progress |
|---|---|---|---|
|
Maintain the Gender Equality Certification and the ISO30415 attestation on Diversity & Inclusion |
2024 |
Gender Equality Certification according to UNI PdR 125:2022:maintaining process finalised in December 2024 by DNV |
50%7777
|
| Parental Onboarding programme: feasibility and implementation |
2026 |
Feasibility study finalised and under implementation |
50%7777
|
| Increase the number of women with STEM degrees in Saipem SpA |
2025 |
+25% STEM Women in 2024 compared to 2022 |
50%7777
|
Climate change and the environment
| 2024-2027 Objectives | Target year | 2024 Result | Progress |
|---|---|---|---|
|
Commitment to the Net Zero for Scope 1, 2 and 3 |
2050 |
Reduction achieved (Scope 1+2): around 25% vs. 2018 baseline. Expected reduction Scope 1+2 @2050: around 70% |
20%7777
|
| Reduction of Scope 1 and 2 emissions (50% vs. 2018 baseline) |
2035 |
Reduction achieved: around 25% vs. baseline* |
50%7777
|
|
GHG emissions avoided due to energy management initiatives in the year (Target: 47 kt CO₂ eq) |
2024 |
69,8 kt CO₂ eq |
50%7777
|
| GHG emissions avoided due to energy management initiatives in 3 years (Target: 138 kt CO₂ eq) | 2023-2025 | 117 kt CO₂ eq in2023-2024 |
50%7777
|
| GHG emissions offset due to Saipem's offsetting strategy in 3 years (Target: 250 kt CO₂ eq) | 2023-2025 | 200 kt CO₂ compensated in two years |
50%7777
|
| Reduction of Scope 2 emissions to zero at 2025 | 2025 | Scope 2 emissions reduction: around 58% vs. 2018 baseline |
50%7777
|
| Renewal of third-party certification for Net Zero programme | 2024 | Certification renewed |
50%7777
|
| Scope 3 emissions - Mobility: continue participation in the SAF programme | 2024-2027 | Contracts signed with KLM/Air France, SAS and ITA. |
50%7777
|
| Define work processes, roles and responsibilities within Saipem in order to ensure compliance with CBAM (Carbon Border Adjustment Mechanism) regulations | 2024-2025 | Actions, roles and responsibilities identified |
50%7777
|
| Issue corporate criteria/guidelines for the selection of offsetting in which to invest | 2024-2025 | Guidelines prepared, approved by the CEO and validated by independent third party |
50%7777
|
| Map client emissions | 2024 | In-house methodology developed for “sold product” Scope 3 GHG emissions estimation (clients) |
50%7777
|
| Organise 2 low impact events with emission offsetting in Milan and Fano, Italy | 2024 | 2 Open Day events organised in Milan and Fano (9 tonnes CO₂ compensated) |
50%7777
|
| New 2025-2028 Objectives | Target year |
|---|---|
|
Scope 3 - Client emissions: carry out systematic mapping of client emissions for current projects |
2025 |
| 2024-2027 Objectives | Target year | 2024 Result | Progress |
|---|---|---|---|
|
Continue spill mapping and risk analysis |
2024 |
One Oil Spill Mapping risk assessment conducted |
50%7777
|
| Progressive replacement of mineral oil with biodegradable oil for impact minimisation in case of accidental spill |
2024 |
Evaluation performed on two pieces of equipment and replacement of mineral oil with biodegradable oil |
50%7777
|
|
Mapping of Saipem operational sites in biodiversity-sensitive areas |
2024 |
Sites mapped: no sites in IUCN sensitive areas or UNESCO protected areas |
50%7777
|
| Mapping the operating sites of major suppliers in biodiversity-sensitive areas | 2025 | Initiating the identification of a supplier cluster to be mapped |
50%7777
|
| Issue a biodiversity and pollution prevention report | 2025 | Ongoing activity |
50%7777
|
| Organise a workshop on circular economy and plastic recycling technologies | 2024 | Workshop organised in Oman |
50%7777
|
| Reducing plastic use: actions identified by the roadmap | 2024 | Use of plastic bottles eliminated in Milan and Fano sites (first step of the roadmap). Business Lines identified specific projects/ sites to implement improvement actions to reduce single-use plastic consumption. |
50%7777
|
| Reducing plastic use: installation of a potable water system on offshore vessels | 2024 | One potable water system onboard the FDS under certification |
50%7777
|
| Waste management and recycling | 2024 | 27 sites out of 30 maintained or increased the percentage of recycled waste. |
50%7777
|
| New 2025-2028 Objectives | Target year |
|---|---|
|
Materials management: conduct a feasibility study for the use of ecological bubble wrap (replacing plastic bubble wrap) |
2025 |
| 2024-2027 Objectives | Target year | 2024 Result | Progress |
|---|---|---|---|
|
Increase water reuse during hydrotesting activities |
2027 |
One project (Berri project) achieved the target |
20%7777
|
| Reduce and reuse domestic water |
2027 |
24 sites reduced domestic water consumption, when compared with the average of the previous two years. |
50%7777
|
| 2024-2027 Objectives | Target year | 2024 Result | Progress |
|---|---|---|---|
|
Improve H&S Performance TRIFR ≤ 0.41; HLFR ≤ _ 0.92 |
2024 |
TRIFR = 0,34 HLFR = 0,49 |
20%7777
|
| Improve H&S Performance for subcontractors TRIFR ≤ 0.29; HLFR ≤ _ 0.55 |
2024 |
TRIFR = 0,23 HLFR = 0,28 |
50%7777
|
|
Develop and implement a new HSE training initiative based on Human Performance principles |
2027 |
Initiative based on Human Performance principles was developed. It will be implemented in the next years |
50%7777
|
| Implement the e-PTW onboard Saipem Fleet | 2025 | 100% fleet involved (25 vessels) |
50%7777
|
| Strengthen Saipem's and its partners' leadership on safety through engagement initiatives with key stakeholders | 2027 | One engagement initiative with a client, as planned |
50%7777
|
| Launch new Check-up programme for Saipem employees in Italy | 2024 | More than 1,000 employees involved |
50%7777
|
| Introduce the HCV (Hepatitis C Virus) screening to support UN SDGs | 2024 | Screening introduced covering 95% of the people undergoing screening, as per 2024 plan |
50%7777
|
| Create new smart clinics within Saipem premises in Italy | 2026 | Smart Clinic in Arbatax completed, Smart Clinic in Fano under completion |
50%7777
|
| Revision of CVDPP updated to international guidelines to reduce cardiovascular mortality (according to UN SDGs) | 2024 | CVDPP (CardioVascular Disease Prevention Programme) updated to international guidelines |
50%7777
|
| New 2025-2028 Objectives | Target year |
|---|---|
|
Improve H&S Performance: HCFR (High Consequence Frequency Rate) FLFR (Failed Lucky Frequency Rate) |
2025 |
| Implement new technologies to enhance HSE supervision activities at our operational sites (“Video Analytics for Workplace Safety” and “smart safety harness” technology) | 2025-2026 |
| Strengthen the ability to indentify safety issues related to objects that could fall from height (DROPS) | 2025-2026 |
| Increase awareness on activities that impact Asset Integrity | 2025-2026 |
| Obtain ISO 55001 certification on Asset Management System | 2025 |
| Start up Telepsychology service overseas | 2025 |
| 2024-2027 Objectives | Target year | 2024 Result | Progress |
|---|---|---|---|
|
Launch of ITS School |
2026 |
ITS launched in Fano (Italy) |
50%7777
|
| Completion of the first edition of the HSEQ Master and launch of a new edition |
2024 |
First edition completed and second edition launched |
50%7777
|
|
Participation in the launch of the “Centro Orientamento Nazionale” in Italy |
2026 |
Ongoing |
50%7777
|
| New 2025-2028 Objectives | Target year |
|---|---|
|
Set up of two training centres for Drilling and Offshore E&C |
2025 |
| 2024-2027 Objectives | Target year | 2024 Result | Progress |
|---|---|---|---|
|
Adoption of Global Employment Guidelines |
2025 |
Global Employment Guidelines under finalisation |
50%7777
|
| Maintain the Gender Equality Certification and the ISO30415 attestation on Diversity & Inclusion |
2024 |
Gender Equality Certification according to UNI PdR 125:2022: maintaining process finalised in December 2024 by DNV |
50%7777
|
|
Launch of a mentoring programme |
2024 |
Postponed |
50%7777
|
| Parental Onboarding programme: feasibility study and implementation | 2026 | Feasibility study finalised and under implementation |
50%7777
|
| Increase the number of women with STEM degrees in Saipem SpA | 2025 | +25% STEM women in 2024 compared to 2022 |
50%7777
|
| Adopt a Gender Equality criteria in recruiting | 2025 | Guideline for gender equality in the recruiting process defined |
50%7777
|
| New 2025-2028 Objectives | Target year |
|---|---|
|
Ensure the principle of equal opportunity in development processes by promoting gender balance in leadership roles |
2027 |
| Violence against women: 1. Feasibility study of a specific action plan to prevent and support victims of gender-based violence cases 2. Promotion of information initiatives on economic independence 3. Feasibility and implementation of social volunteer programme in collaboration with association dedicated to combating violence against women |
1) 2025 2) 2026 3) 2027 |
| 2024-2027 Objectives | Target year | 2024 Result | Progress |
|---|---|---|---|
|
Human rights risk assessment at all operational sites |
2024 |
All main operational sites carried out the risk assessment |
20%7777
|
| Maintain SA8000 certification |
2024 |
Certification confirmed |
50%7777
|
| New 2025-2028 Objectives | Target year |
|---|---|
|
Conduct human and labour rights workshops to support the process of identifying and assessing human and labour rights risks and impacts at the operating company/project level |
2025 |
Value creation
| 2024-2027 Objectives | Target year | 2024 Result | Progress |
|---|---|---|---|
|
Reinforce competencies on sustainability issues within the supply chain function through specific training |
2024 |
85% of employees involved |
20%7777
|
| Carry out audits of Saipem suppliers and manpower agencies on human and labour rights issues |
2024 |
5 main subcontractors and 6 manpower agencies audited |
50%7777
|
|
Strengthen awareness on human and labour rights |
2024 |
Engagement of 61% of main subcontractors in high risk Countries in a human and labour rights training campaign |
50%7777
|
| Expand the number of suppliers registered on Carbon Tracker and strengthen the information and data available on the platform | 2026 | 307 vendors |
50%7777
|
| Execution of ad hoc market surveys to identify “green procurement” requirements | 2024 | 2 market surveys |
50%7777
|
| New 2025-2028 Objectives | Target year |
|---|---|
|
Definition of Scope 3 targets |
2025-2028 |
| Integration of Vendor Management Platforms to ensure access to suppliers' ESG performance | 2026 |
| 2024-2027 Objectives | Target year | 2024 Result | Progress |
|---|---|---|---|
|
Continue training in Anti-bribery and Compliance 231 for at-risk personnel, covering 100% of the Countries in the training plan |
2024 |
19 Countries involved in the training |
20%7777
|
| Implement a job rotation programme for recent graduates to ensure experience in the Control and Compliance Functions |
2025 |
17 graduates involved (15% of population) |
50%7777
|
| 2024-2027 Objectives | Target year | 2024 Result | Progress |
|---|---|---|---|
|
Increase TRL (Technology Readiness Level - NASA scale) for key technologies for energy transition |
2026 |
85% of employees involved |
20%7777
|
| 2024-2027 Objectives | Target year | 2024 Result | Progress |
|---|---|---|---|
|
Maintain the Detection and Response process in accordance with ISO/IEC 27001:2022 through confirmation of certification |
2024 |
Certification renewed |
20%7777
|
| Training and awareness activities to reduce cyber risk |
2025 |
-50% compromised users during the phishing simulations due to training and awareness activities |
50%7777
|
| 2024-2027 Objectives | Target year | 2024 Result | Progress |
|---|---|---|---|
|
Development and application of a methodology for effective identification and monitoring of health initiatives |
2024 |
Methodology completed and applied to identify health initiatives |
20%7777
|
| Development and application of a methodology for local initiative effectiveness |
2027 |
Methodology under finalisation |
50%7777
|
|
Initiatives for environmental protection |
2024 |
Seabin renewed in Venice and new Seabin adopted in Milano Darsena |
50%7777
|
| Implementation of the yearly Local Community Initiatives plan | 2024 | About 90% of the planned initiatives were completed |
50%7777
|
Stakeholder engagement
Stakeholder engagement
Engaging with our stakeholders through transparent dialogue helps us build trust and create shared value.
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