Saipem SpA

Common Name
Saipem
Country
Italy
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
30,000
Ticker
SPM
Exchange
EURONEXT MILAN
Description
Saipem S.p.A., a renowned engineering and construction company, operates primarily within the oil and gas industry. With a strong global presence, Saipem focuses on providing comprehensive services in...

Saipem's Climate Target Data Preview

As of 2024, Saipem has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Saipem ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2035
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2050
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Verified Sources Behind Saipem’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Saipem’s data sources below and access millions more through our Disclosure Search.

a. Saipem's Sustainability Report 2024
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Insights into Saipem's Greenhouse Gas Emissions Pathways

As of 2024, Saipem has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Saipem have a target to reduce the emissions from its operations?

As of 2024, Saipem has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Saipem's most ambitious operational target is to reduce these emissions by 70% by 2050, compared to a baseline of 1,309,671 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018. a

As of 2024, Saipem is ahead of schedule on its operational emissions reduction target, having achieved 35.71% of the planned reduction. a

Saipem's Operational (Scope 1+2) Emissions Pathway

20182024203520500350 k700 k1.05 M1.4 MBaselineCurrent (-25%)Target 2035 (-50%)Target 2050 (-70%)
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