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 Waste Data Preview

In 2023, Saipem conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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0000000
Total Waste Recovered
0000000
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0000000
Total Hazardous Waste Generated
0000000
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Saipem's Waste Treatment Practices

In 2023, Saipem generated a total of 790 metric tonnes of waste.

Of this amount, 6.86% of Saipem's total waste generated was recovered through methods such as recycling, reuse, or composting, while 93.16% was disposed of through landfilling, incineration, or combustion.

Saipem's Waste Recovery Rate

7%

How much of Saipem's waste is recycled or recovered?

In 2023, Saipem reported a total waste generation of 790 metric tonnes, of which 6.86% was recovered through recycling, reuse, or composting. This low recovery rate highlights limited waste diversion and suggests that Saipem may be relying more heavily on landfill or incineration, underscoring opportunities for stronger resource recovery initiatives.

Has Saipem reduced its environmental waste footprint over time?

Since 2021, Saipem's total waste generation decreased by 2.67%, including a further 7.22% drop in 2023, highlighting a consistent and deliberate reduction in waste production over time.

Over the same period, Saipem's waste recovery rate declined by 47.36%, with a further 40.51% drop in 2023, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.

Overall, while Saipem has successfully reduced its total waste generation, its waste recovery efforts have also declined. This pattern could suggest a shift in strategy away from circular treatment methods or a lag in recovery infrastructure development.

Saipem’s Waste Recovery vs. Disposal Over Time

20212022202302505007501 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Saipem’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Saipem generated a total of 790 metric tonnes of waste.

Of this amount, 1.14% of Saipem's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 98.88% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Saipem’s Hazardous vs Non-Hazardous Waste Over Time

20212022202302505007501 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Saipem reduced the environmental impact of its waste?

Since 2021, Saipem's total waste generation decreased by 2.67%, with an additional 7.22% decline in 2023, suggesting a consistent and deliberate effort to minimize waste generation at the source.

Over the same period, Saipem reduced the hazardousness of its waste by 68%, with a further 58.01% decline in 2023, suggesting a sustained and meaningful shift toward safer waste profiles and lower environmental impact.

Overall, Saipem has made consistent and substantial progress in reducing both the quantity and the danger of its waste, highlighting a strong, well-executed waste strategy focused on minimizing environmental impact.

How does Saipem treat its hazardous waste?

In 2023, Saipem reported that 9 metric tonnes of its total waste output were classified as hazardous. This represents 1.14% of its overall waste generation.

The company treated this hazardous waste using a combination of methods. Approximately 15.56% was managed through recovery methods, indicating a moderate integration of circular practices into its hazardous waste management. However, a significant share was still directed toward disposal, highlighting room for improvement in reducing the long-term impact of hazardous materials.

Breakdown of Saipem's Hazardous and Non-Hazardous Waste by Treatment Method

Non-Hazardous WasteDisposed(92.2%)Non-Hazardous WasteRecovered(6.7%)
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