In 2025, Saipem completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Saipem has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,510,315.9a | 1,103,048.5a | 1,027,700c | |
Total Scope 2 | ||||
Market-Based | 32,205.1a | 18,676.7a | 14,200c | |
Location-Based | 40,470.4a | 20,470.7a | 14,400c | |
Total Scope 3 | 2,077,694.4a | 2,571,754.8a | 5,404,600c | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 82.8595a | 72.857a | 78.1382c |
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In 2025, the total operational greenhouse gas (GHG) emissions of Saipem amounted to 1,550,786.3 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2024, the total operational greenhouse gas (GHG) emissions of Saipem increased by 38.03%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2025, the total Scope 1 emissions of Saipem were 1,510,315.9 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Saipem's Scope 1 emissions have increased by 43.28%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2024), Saipem's Scope 1 emissions increased by 36.92%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2025, Saipem reported Scope 2 greenhouse gas (GHG) emissions of 32,205.1 tCO₂e using the market-based method and 40,470.4 tCO₂e using the location-based method.a
Since 2021, Saipem's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 70.04%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2024), Saipem's Scope 2 emissions (Location-Based) rose by 97.7% in 2025, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2025, Saipem reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, Saipem reported 2,077,694.4 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2025 disclosure of Saipem includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 6 in 2024, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2025, Saipem reported total Scope 3 emissions of 2,077,694.4 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, Saipem's Scope 3 emissions have increased by 30.94%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2024), Saipem's Scope 3 emissions decreased by 19.21%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2025, Saipem reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2025, the largest contributors to Saipem's Scope 3 emissions were:a
In 2025, Saipem reported Scope 1 greenhouse gas (GHG) emissions of 1,510,315.9 tCO₂e and total revenues of USD 18,227 millions. This translates into an emissions intensity of 82.86 tCO₂e per millions USD.a
In 2025, Saipem reported a Scope 1 emissions intensity of 82.86 tCO₂e per millions USD. Compared to the peer group median of 17.33, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2025, Saipem ranked 18 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Saipem is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2025, Saipem reported a total carbon footprint of 3,628,480.7 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.81% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Saipem's total carbon footprint was Scope 3 emissions, accounting for 57.26% of the company's total carbon footprint, followed by Scope 1 emissions at 41.62%.a