Snam
Snam S.p.A., headquartered in Italy, is a leading player in the natural gas infrastructure sector. Founded in 1941, the company has established itself as a key operator in the European energy market, with significant operations across Italy and other major regions in Europe. Specialising in the transportation, storage, and regasification of natural gas, Snam is renowned for its commitment to sustainability and innovation. The company’s core services include the management of an extensive pipeline network and advanced storage facilities, which are pivotal in ensuring energy security and efficiency. With a strong market position, Snam has achieved notable milestones, including its role in the development of the Trans Adriatic Pipeline. The company continues to lead the way in the transition to a low-carbon economy, making it a vital contributor to the future of energy in Europe.
DitchCarbon Score
How does Snam's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Pipeline Transportation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Snam's score of 36 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Snam's reported carbon emissions
In 2024, Snam reported total carbon emissions of approximately 3,115,605,000 kg CO2e, with Scope 1 and 2 emissions accounting for about 1,194,783,000 kg CO2e and Scope 3 emissions contributing approximately 1,920,822,000 kg CO2e. This data reflects a commitment to transparency in emissions reporting, as Snam aims to reduce its greenhouse gas emissions significantly. Snam has set ambitious reduction targets, planning to decrease its Scope 1 and Scope 2 emissions by 28% by 2025, 40% by 2027, and 50% by 2030, using 2018 as the baseline year. The ultimate goal is to achieve carbon neutrality by 2040. These targets are part of a broader strategy to address climate change and align with global sustainability efforts. In 2023, Snam's emissions data indicated a total of approximately 3,115,605,000 kg CO2e, with Scope 1 and 2 emissions at about 1,530,000 kg CO2e and Scope 3 emissions at approximately 1,549,000 kg CO2e. This data underscores the company's ongoing commitment to reducing its carbon footprint. Snam's initiatives also include a target to reduce methane emissions by 25% by 2025, with an interim goal of a 15% reduction by 2022. These efforts reflect Snam's proactive approach to environmental stewardship and its dedication to integrating ESG (Environmental, Social, and Governance) criteria into its operations. Overall, Snam's climate commitments and emissions reduction targets demonstrate a robust framework for addressing climate change, with a clear pathway towards achieving net-zero emissions by 2040.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 94,966,000 | 000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | - | - |
| Scope 2 | 2,987,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - |
| Scope 3 | 34,402,000 | 00,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Snam is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
