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Saipem SpA
Saipem's GHG Emissions Data Preview
In 2024, 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).
However, Saipem has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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bVerified 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.
Insights into Saipem's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofSaipem amounted to1,123,500metric 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 2023, the total operational greenhouse gas (GHG) emissions of Saipemincreased by 7.81%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Saipem's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Saipem's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Saipem were 1,103,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Saipem reduced its Scope 1 emissions over time?
Since 2021, Saipem's Scope 1 emissions have increased by 4.64%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Saipem's Scope 1 emissions increased by 7.33%, 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 2024, Saipem reported Scope 2 greenhouse gas (GHG) emissions of 18,700 tCOâ‚‚e using the market-based method and 20,500 tCOâ‚‚e 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 decreased by 13.87%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Saipem's Scope 2 emissions(Location-Based) rose by 42.36% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does Saipem use for Scope 2 reporting?
In 2024, 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
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Saipem's Value Chain Emissions
In 2024, Saipem reported 9,386,300 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Saipem includes a breakdown across 0of the 15 Scope 3 categories defined by the GHG Protocol,down from 7 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
Saipem's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Saipem's Scope 3 emissions?
In 2024, Saipem reported total Scope 3 emissions of 9,386,300 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Saipem reduced its Scope 3 emissions over time?
Since 2021, Saipem's Scope 3 emissionshave increased by 491.56%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Saipem's Scope 3 emissions increased by 73.67%, suggesting that the company faced challenges in reducing emissions across its value chain.a
Insights into Saipem’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Saipem reported Scope 1 greenhouse gas (GHG) emissions of 1,103,000 tCOâ‚‚e and total revenues of USD 15,140 millions. This translates into an emissions intensity of 72.85 tCOâ‚‚e per millions USD.a
Saipem's Scope 1 Emissions Intensity Compared to Peers
How does Saipem's GHG emissions intensity compare to its peers?
In 2024, Saipem reported a Scope 1 emissions intensity of 72.85 tCOâ‚‚e per millions USD. Compared to the peer group median of 13.88, 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 2024, Saipem ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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
Insights into Saipem's Total Carbon Footprint
In 2024, Saipem reported a total carbon footprint of 10,509,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 63.03% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Saipem's total carbon footprint was Scope 3 emissions, accounting for 89.31% of the company's total carbon footprint, followed by Scope 1 emissions at 10.49%.a