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 2023, Saipem has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, 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)
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2035

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Saipem's Greenhouse Gas Emissions Pathways

As of 2023, 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.

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

As of 2023, Saipem has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Saipem's most ambitious operational target is to reduce these emissions by 50% by 2035, compared to a baseline of 1,310,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2023, Saipem is ahead of schedule on its operational emissions reduction target, having achieved 52% of the planned reduction.

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

2018202320350350 k700 k1.05 M1.4 MBaselineCurrent (-26%)Target 2035 (-50%)
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