- Geopolitical issues and ongoing conflicts
- Supply chain issues, including the supply of key raw materials
- New technological frontiers affecting all players
- Market volatility
- Slowdown in offshore wind due to limited supply chain capacity, rising material costs and high interest rates
Saipem SpA
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Saipem SpA disclosed greenhouse gas emissions of 1.0K kt CO2 eq (Scope 2 market-based) + 14.2 kt CO2 eq (Scope 1). By scope: Scope 1: 14.2 kt CO2 eq; Scope 2: 1.0K kt CO2 eq (market-based); Scope 3: 5.4K kt CO2 eq. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
1.0K kt CO2 eq (Scope 2 market-based) + 14.2 kt CO2 eq (Scope 1)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 14.2 kt CO2 eq |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.0K kt CO2 eq (market-based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 5.4K kt CO2 eq |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 1.0K kt CO2 eq (Scope 2 market-based) + 14.2 kt CO2 eq (Scope 1) |
| 2021 | 1.6K kt CO2 eq |
| 2020 | 1.1K kt CO2 eq |
| 2019 | 158.0 kt CO2 eq |
| 2017 | 1.3K kt CO2 eq |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 and 2 emissions by 26% compared to 2018
- Avoided 47 kt of CO2 eq emissions due to energy management initiatives
- Avoided 100 kt of CO2 eq emissions through offsetting projects (70 kt from REDD+ projects)
- Achieved 100% recycled waste types at most applicable sites
- Reduced water withdrawal by 27% compared to 2022
- Reduced waste produced by 7% compared to 2022
🎯 Climate & Sustainability Targets
🔜 Short-term
- Carbon neutrality for Scope 2 emissions by 2025
- Mapping of major suppliers’ operating sites in biodiversity-sensitive areas by 2025
- Implementation of e-PTW on board 100% of the Saipem fleet by 2026
- Increase the number of female STEM employees at Saipem SpA by 2025
📅 Medium-term
- Reduce Scope 1 and 2 emissions by 50% by 2035
- Halving Scope 1 and 2 emissions by 2035
🔭 Long-term
- Net Zero emissions by 2050 for Scope 1, 2 and 3
🌱 ESG Focus Areas
Climate change mitigation & environmental protectionPeople centralityValue creation