Snam SpA

Common Name
Snam
Country
Italy
Sector
Utilities
Industry
Utilities - Regulated Gas
Employees
3,992
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 GHG Emissions Data Preview

In 2024, Snam 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).

Snam has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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0000000
Location-Based
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a
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Snam’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 Snam’s data sources below and access millions more through our Disclosure Search.

a. Snam's Annual Report 2024
a. Snam's Annual Report 2024
b. Snam's Sustainability Report 2022
b. Snam's Sustainability Report 2022

Insights into Snam's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Snam amounted to 1,212,800 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 2023, the total operational greenhouse gas (GHG) emissions of Snam decreased by 15.05%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Snam's Scope 1 Emissions Over Time

2018202020212022202320240400 k800 k1.2 M1.6 MtCO2e-15%+9%+3%-7%-15%
  • Total Scope 1
  • Year-over-Year Change

What are Snam's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Snam were 1,175,381 metric tons of CO₂ equivalent (tCO₂e). a

Has Snam reduced its Scope 1 emissions over time?

Since 2018, Snam's Scope 1 emissions have decreased by 24.02%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Snam's Scope 1 emissions decreased by 15.2%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Snam's Scope 2 emissions?

In 2024, Snam reported Scope 2 greenhouse gas (GHG) emissions of 19,402 tCO₂e using the market-based method and 37,419 tCO₂e using the location-based method. a

Has Snam reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Snam's Scope 2 emissions (Location-Based) fell by 10.01% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Snam use for Scope 2 reporting?

In 2024, Snam reported its Scope 2 emissions using the market-based method and using the location-based method. a

Snam's Scope 2 Emissions Over Time

20202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Snam's Value Chain Emissions

In 2024, Snam reported 1,920,822 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 2024 disclosure of Snam includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Snam's Scope 3 Emissions Over Time

2019202020212022202320240500 k1 M1.5 M2 MtCO2e+5%-9%+66%+14%+8%
  • Total Scope 3
  • Year-over-Year Change

What are Snam's Scope 3 emissions?

In 2024, Snam reported total Scope 3 emissions of 1,920,822 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 49.64% of these emissions originated from upstream activities such as purchased goods and capital goods, while 50.36% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Snam's Scope 3 emissions remained relatively stable, indicating that Snam 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Snam disclose?

In 2024, Snam reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

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

In 2024, the largest contributors to Snam's Scope 3 emissions were: a

  • Investments (Cat. 15): 581,585 tCO₂e (30.28%)
  • Capital Goods (Cat. 2): 567,508 tCO₂e (29.55%)
  • Use of Sold Products (Cat. 11): 385,560 tCO₂e (20.07%)

Snam's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(29.5%)Use of Sold Products(Cat. 11)(20.1%)Investments(Cat. 15)(30.3%)

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

In 2024, Snam reported Scope 1 greenhouse gas (GHG) emissions of 1,175,381 tCO₂e and total revenues of USD 3,692 millions. This translates into an emissions intensity of 318.35 tCO₂e per millions USD. a

Snam's Scope 1 Emissions Intensity Compared to Peers

50010,000200,0002,000,00050,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,00050,000Revenues (Millions of USD)TTokyo GasYear: 2023Scope 1: 4,675,000 tCO2eRevenue: $M 24,697Scope 1 Intensity: 189.30 tCO2e/$MGail (India)Year: 2024Scope 1: 3,467,989 tCO2eRevenue: $M 15,932Scope 1 Intensity: 217.68 tCO2e/$MPerusahaan Gas NegaraYear: 2023Scope 1: 40,852 tCO2eRevenue: $M 3,646Scope 1 Intensity: 11.20 tCO2e/$MItalgasYear: 2024Scope 1: 120,275 tCO2eRevenue: $M 2,616Scope 1 Intensity: 45.98 tCO2e/$MTTTowngas Smart EnergyYear: 2023Scope 1: 71,955 tCO2eRevenue: $M 2,541Scope 1 Intensity: 28.32 tCO2e/$MNaturgy Energy GroupYear: 2024Scope 1: 11,482,448 tCO2eRevenue: $M 20,050Scope 1 Intensity: 572.70 tCO2e/$MAygazYear: 2023Scope 1: 5,401 tCO2eRevenue: $M 2,194Scope 1 Intensity: 2.46 tCO2e/$MAtmos EnergyYear: 2023Scope 1: 156,162 tCO2eRevenue: $M 4,275Scope 1 Intensity: 36.53 tCO2e/$MChina Gas HoldingsYear: 2024Scope 1: 259,833 tCO2eRevenue: $M 10,403Scope 1 Intensity: 24.98 tCO2e/$MIndraprastha GasYear: 2023Scope 1: 728,886 tCO2eRevenue: $M 1,716Scope 1 Intensity: 424.82 tCO2e/$MENN Natural GasYear: 2024Scope 1: 3,862,800 tCO2eRevenue: $M 18,623Scope 1 Intensity: 207.42 tCO2e/$MENN Energy HoldingsYear: 2024Scope 1: 101,468 tCO2eRevenue: $M 16,395Scope 1 Intensity: 6.19 tCO2e/$MUGIYear: 2023Scope 1: 1,070,316 tCO2eRevenue: $M 8,928Scope 1 Intensity: 119.88 tCO2e/$MEnagasYear: 2023Scope 1: 294,649 tCO2eRevenue: $M 1,005Scope 1 Intensity: 293.32 tCO2e/$MGujarat GasYear: 2023Scope 1: 2,910 tCO2eRevenue: $M 2,030Scope 1 Intensity: 1.43 tCO2e/$MBlack HillsYear: 2023Scope 1: 4,512,017 tCO2eRevenue: $M 2,331Scope 1 Intensity: 1,935.41 tCO2e/$MNew Jersey ResourcesYear: 2023Scope 1: 50,068 tCO2eRevenue: $M 1,963Scope 1 Intensity: 25.51 tCO2e/$MHong Kong and China GasYear: 2024Scope 1: 1,628,000 tCO2eRevenue: $M 7,143Scope 1 Intensity: 227.92 tCO2e/$MONE GasYear: 2023Scope 1: 417,058 tCO2eRevenue: $M 2,372Scope 1 Intensity: 175.83 tCO2e/$MChina Suntien Green EnergyYear: 2023Scope 1: 2,107 tCO2eRevenue: $M 2,854Scope 1 Intensity: 0.74 tCO2e/$MComgásYear: 2024Scope 1: 14,429 tCO2eRevenue: $M 2,500Scope 1 Intensity: 5.77 tCO2e/$MAPA GroupYear: 2024Scope 1: 1,905,327 tCO2eRevenue: $M 2,021Scope 1 Intensity: 942.76 tCO2e/$MOsaka GasYear: 2025Scope 1: 4,440,000 tCO2eRevenue: $M 13,797Scope 1 Intensity: 321.81 tCO2e/$MSnamYear: 2024Scope 1: 1,175,381 tCO2eRevenue: $M 3,692Scope 1 Intensity: 318.35 tCO2e/$M

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

In 2024, Snam reported a Scope 1 emissions intensity of 318.35 tCO₂e per millions USD. Compared to the peer group median of 119.88 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2024, Snam ranked 19 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Snam's Total Carbon Footprint

In 2024, Snam reported a total carbon footprint of 3,133,622 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.21% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Snam's total carbon footprint was Scope 3 emissions, accounting for 61.3% of the company's total carbon footprint, followed by Scope 1 emissions at 37.51%. a

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