✨ Unlock Data Exports And Disclosure Access. Start Your 30-Day Free Trial Today →

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. is an Italian multinational oilfield services company and a global leader in engineering, construction, and drilling for the energy and infrastructure sectors, both offshore and onshore....

Saipem's GHG Emissions Data Preview

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)202520242023
2022 - 2017
Total Scope 1
0000000
Copy/Paste is a PRO feature.
Tracenable value for the metrica
Copy/Paste is a PRO feature.
Tracenable value for the metricb
0000000
Total Scope 2
Market-Based
Copy/Paste is a PRO feature.
Tracenable value for the metrica
0000000
Copy/Paste is a PRO feature.
Tracenable value for the metricb
0000000
Location-Based
Copy/Paste is a PRO feature.
Tracenable value for the metrica
0000000
Copy/Paste is a PRO feature.
Tracenable value for the metricb
0000000
Total Scope 3
Copy/Paste is a PRO feature.
Tracenable value for the metrica
Copy/Paste is a PRO feature.
Tracenable value for the metrica
0000000
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
0000000
Copy/Paste is a PRO feature.
Tracenable value for the metrica
Copy/Paste is a PRO feature.
Tracenable value for the metricb
0000000
Limited Data Preview
You are viewing a limited preview of Saipem’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2021, and revenue-based intensity metrics for each scope.
Access Datasets, Disclosures, and Sources
pro
Remove manual data sourcing from your workflow. Subscribe to Tracenable Pro to get credits for accessing and exporting datasets and disclosures across 8,500+ companies with 10+ years of historical coverage.
Download granular datasets (CSV/XLS)
Access underlying corporate disclosures (PDF)
Trace all values back to their original sources
Formats Included
Excel
CSV
Json
All data fully traceable to original sources
Used by 1,000+ teams in finance, climate, and research
Access this data via API
$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=SPM&reporting_period=2025"

Verified Sources Behind Saipem’s Greenhouse Gas (GHG) Emissions 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 Annual Report 2025
b. Saipem's Sustainability Report 2024
c. Saipem's Consolidated Non-Financial Report 2023

Insights into Saipem's Operational Emissions

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

Saipem's Scope 1 Emissions Over Time

202120222023202420250400 k800 k1.2 M1.6 MtCO2e+16%-16%+7%+37%
  • Total Scope 1
  • Year-over-Year Change

What are Saipem's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Saipem were 1,510,315.9 metric tons of CO₂ equivalent (tCO₂e).a

Has Saipem reduced its Scope 1 emissions over time?

Since 2021, Saipem's Scope 1 emissions have increased by 43.28%, reflecting a rising long-term trend in Scope 1 emissions over time.ac

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

What are Saipem's Scope 2 emissions?

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

Has Saipem reduced its Scope 2 emissions over time?

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.ac

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

What methodology does Saipem use for Scope 2 reporting?

In 2025, Saipem reported its Scope 2 emissions using the market-based method and using the location-based method.a

Saipem's Scope 2 Emissions Over Time

20212022202320242025015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Saipem's Value Chain Emissions

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

Saipem's Scope 3 Emissions Over Time

2021202220232024202501.5 M3 M4.5 M6 MtCO2e+97%+73%-52%-19%
  • Total Scope 3
  • Year-over-Year Change

What are Saipem's Scope 3 emissions?

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

Has Saipem reduced its Scope 3 emissions over time?

Since 2021, Saipem's Scope 3 emissions have increased by 30.94%, reflecting a rising long-term trend in Scope 3 emissions over time.ac

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

What categories of Scope 3 emissions does Saipem disclose?

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.

What are the main sources of Saipem's Scope 3 emissions?

In 2025, the largest contributors to Saipem's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 1,042,300.1 tCO₂e (50.17%)
  • Upstream Leased Assets (Cat. 8): 415,337 tCO₂e (19.99%)
  • Fuel- and Energy-Related Services (Cat. 3): 292,687.9 tCO₂e (14.09%)

Saipem's Scope 3 Emissions by Categories

Upstream LeasedAssets (Cat. 8)(20.0%)Purchased Goods andServices (Cat. 1)(50.2%)Fuel- andEnergy-RelatedServices (Cat. 3)(14.1%)

Insights into Saipem’s GHG Emissions Intensity Compared to Industry Peers

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

Saipem's Scope 1 Emissions Intensity Compared to Peers

201,00020,000500,00010,000,000Scope 1 Emissions (tCO2e)502002,00010,000100,000Revenues (Millions of USD)SSRCDTechnipFMCYear: 2024Scope 1: 260,348 tCO2eRevenue: $M 9,083Scope 1 Intensity: 28.66 tCO2e/$MSBM OffshoreYear: 2025Scope 1: 79 tCO2eRevenue: $M 5,896Scope 1 Intensity: 0.01 tCO2e/$MJerehYear: 2024Scope 1: 25,142 tCO2eRevenue: $M 1,830Scope 1 Intensity: 13.74 tCO2e/$MTechnip EnergiesYear: 2025Scope 1: 2,234 tCO2eRevenue: $M 8,469Scope 1 Intensity: 0.26 tCO2e/$MArchrockYear: 2024Scope 1: 19,797 tCO2eRevenue: $M 1,158Scope 1 Intensity: 17.10 tCO2e/$MSSSolaris Energy InfrastructureYear: 2020Scope 1: 2,094 tCO2eRevenue: $M 103Scope 1 Intensity: 20.33 tCO2e/$MChina Oilfield ServicesYear: 2024Scope 1: 1,110,250 tCO2eRevenue: $M 6,618Scope 1 Intensity: 167.75 tCO2e/$MWeatherford InternationalYear: 2024Scope 1: 96,816 tCO2eRevenue: $M 5,513Scope 1 Intensity: 17.56 tCO2e/$MBumi ArmadaYear: 2024Scope 1: 80 tCO2eRevenue: $M 514Scope 1 Intensity: 0.16 tCO2e/$MGaztransport et TechnigazYear: 2025Scope 1: 686 tCO2eRevenue: $M 944Scope 1 Intensity: 0.73 tCO2e/$MWorleyYear: 2025Scope 1: 24,485 tCO2eRevenue: $M 7,387Scope 1 Intensity: 3.31 tCO2e/$MBaker HughesYear: 2024Scope 1: 386,367 tCO2eRevenue: $M 27,829Scope 1 Intensity: 13.88 tCO2e/$MExmarYear: 2025Scope 1: 913 tCO2eRevenue: $M 248Scope 1 Intensity: 3.68 tCO2e/$MAker SolutionsYear: 2025Scope 1: 9,062 tCO2eRevenue: $M 6,201Scope 1 Intensity: 1.46 tCO2e/$MSSSeatriumYear: 2024Scope 1: 76,013 tCO2eRevenue: $M 6,772Scope 1 Intensity: 11.23 tCO2e/$MMRC GlobalYear: 2024Scope 1: 14,564 tCO2eRevenue: $M 3,011Scope 1 Intensity: 4.84 tCO2e/$MSBOYear: 2023Scope 1: 4,041 tCO2eRevenue: $M 648Scope 1 Intensity: 6.23 tCO2e/$MNovYear: 2024Scope 1: 135,554 tCO2eRevenue: $M 8,870Scope 1 Intensity: 15.28 tCO2e/$MHalliburtonYear: 2024Scope 1: 3,022,264 tCO2eRevenue: $M 22,944Scope 1 Intensity: 131.72 tCO2e/$MRRReach SubseaYear: 2024Scope 1: 46,768 tCO2eRevenue: $M 240Scope 1 Intensity: 195.17 tCO2e/$MCCCNOOC Energy Technology & ServicesYear: 2024Scope 1: 50,662 tCO2eRevenue: $M 7,196Scope 1 Intensity: 7.04 tCO2e/$MDDDayang Enterprise HoldingsYear: 2024Scope 1: 31,602 tCO2eRevenue: $M 328Scope 1 Intensity: 96.25 tCO2e/$MExtreme NetworksYear: 2024Scope 1: 2,511 tCO2eRevenue: $M 1,117Scope 1 Intensity: 2.25 tCO2e/$MKodiak Gas ServicesYear: 2024Scope 1: 30,445 tCO2eRevenue: $M 1,159Scope 1 Intensity: 26.26 tCO2e/$MSLBYear: 2024Scope 1: 990,000 tCO2eRevenue: $M 36,289Scope 1 Intensity: 27.28 tCO2e/$MSaipemYear: 2025Scope 1: 1,510,316 tCO2eRevenue: $M 18,227Scope 1 Intensity: 82.86 tCO2e/$M

How does Saipem's GHG emissions intensity compare to its peers?

In 2025, Saipem reported a Scope 1 emissions intensity of 82.86 tCO₂e per millions USD. Compared to the peer group median of 13.74, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Saipem rank on GHG emissions intensity within its industry?

In 2025, Saipem ranked 22 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Saipem among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Saipem's Total Carbon Footprint

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

Want Full Access to Saipem's GHG Emissions Dataset?
Start 30-Day Free Trial