Snam SpA

Common Name
Snam
Country
Italy
Sector
Utilities
Industry
Utilities - Regulated Gas
Employees
3,971
Ticker
SRG
Exchange
EURONEXT MILAN
Description
Snam S.p.A. is a prominent Italian energy infrastructure company, primarily engaged in the transportation and storage of natural gas. As a European leader in gas infrastructure, Snam plays a crucial r...

Snam's Climate Target Data Preview

As of 2024, Snam has disclosed 14 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 14 absolute reduction targets, 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 Snam ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total
Cubic Meter (m3) of CO2 equivalent (m3CO2e)
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2024
Absolute-based Target*
Scope 1 - Total
Cubic Meter (m3) of CO2 equivalent (m3CO2e)
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2025
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2027
Absolute-based Target*
Scope 1 - Total
Cubic Meter (m3) of CO2 equivalent (m3CO2e)
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2027
Absolute-based Target*
Scope 1 - Total
Cubic Meter (m3) of CO2 equivalent (m3CO2e)
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2029
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 1 - Total
Cubic Meter (m3) of CO2 equivalent (m3CO2e)
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2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2032
Absolute-based Target*
Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2032
Absolute-based Target*
Scope 1 - Total
Cubic Meter (m3) of CO2 equivalent (m3CO2e)
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2032
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

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 Snam's Greenhouse Gas Emissions Pathways

As of 2024, Snam has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

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

As of 2024, Snam has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Snam's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 1,517,770 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

As of 2024, Snam is ahead of schedule on its operational emissions reduction target, having achieved 23.64% of the planned reduction.

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

20222024204020500400 k800 k1.2 M1.6 MBaselineCurrent (-21%)Target 2050 (-90%)

Does Snam have a target to reduce the emissions from its value chain?

As of 2024, Snam has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Snam's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 1,558,472 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

Instead of reducing value chain emissions, Snam has increased them, with 2024 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target.

Snam's Value Chain (Scope 3) Emissions Pathway

2022202420500500 k1 M1.5 M2 MBaselineCurrent (+23%)Target 2050 (-90%)
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