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 2023, 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 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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a
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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 2023
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b. Snam's Sustainability Report 2022
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Insights into Snam's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Snam amounted to 1,427,665 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 2022, the total operational greenhouse gas (GHG) emissions of Snam decreased by 6.3%, 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

201820202021202220230400 k800 k1.2 M1.6 MtCO2e-15%+9%+3%-7%
  • Total Scope 1
  • Year-over-Year Change

What are Snam's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Snam were 1,386,086 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 10.4%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Snam's Scope 1 emissions decreased by 6.66%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Snam's Scope 2 emissions?

In 2023, Snam reported Scope 2 greenhouse gas (GHG) emissions of 27,036 tCO₂e using the market-based method and 41,579 tCO₂e using the location-based method. a

Has Snam reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Snam's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Snam 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Snam use for Scope 2 reporting?

In 2023, 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

2020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Snam's Value Chain Emissions

In 2023, Snam reported 1,589,833 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 2023 disclosure of Snam includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Snam's Scope 3 Emissions Over Time

201920202021202220230400 k800 k1.2 M1.6 MtCO2e+5%-9%+43%+18%
  • Total Scope 3
  • Year-over-Year Change

What are Snam's Scope 3 emissions?

In 2023, Snam reported total Scope 3 emissions of 1,589,833 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 59.79% of these emissions originated from upstream activities such as purchased goods and capital goods, while 40.21% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Snam's Scope 3 emissions increased by 18.18%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Snam disclose?

In 2023, Snam reported emissions for 9 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 Snam's Scope 3 emissions?

In 2023, the largest contributors to Snam's Scope 3 emissions were: a

  • Capital Goods (Cat. 2): 644,761 tCO₂e (40.56%)
  • Investments (Cat. 15): 639,326 tCO₂e (40.21%)
  • Fuel- and Energy-Related Services (Cat. 3): 167,525 tCO₂e (10.54%)

Snam's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(10.5%)Capital Goods(Cat. 2)(40.6%)Investments(Cat. 15)(40.2%)

Insights into Snam's Total Carbon Footprint

In 2023, Snam reported a total carbon footprint of 3,017,498 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.18% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Snam's total carbon footprint was Scope 3 emissions, accounting for 52.69% of the company's total carbon footprint, followed by Scope 1 emissions at 45.93%. a

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