Saipem Sustainability Profile
Saipem S.p.A., a leading global contractor in the energy and infrastructure sectors, is headquartered in Italy. Founded in 1956, the company has established a strong presence in key operational regions, including Europe, Africa, the Middle East, and Asia-Pacific. Saipem is renowned for its expertise in engineering, procurement, construction, and installation (EPCI) services, particularly in the oil and gas industry. With a diverse portfolio that includes offshore and onshore drilling, pipeline construction, and renewable energy solutions, Saipem stands out for its innovative technologies and commitment to sustainability. The company has achieved significant milestones, including major projects in deep-water and subsea engineering, solidifying its position as a market leader. Saipem's dedication to excellence and adaptability in a rapidly evolving industry continues to drive its success and reputation worldwide.
DitchCarbon Score
How does Saipem'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 Gas/Diesel Oil 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
Saipem's score of 37 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Saipem's reported carbon emissions
In 2024, Saipem reported total carbon emissions of approximately 10,507,976,600 kg CO2e, with Scope 1 emissions at about 1,103,048,500 kg CO2e, Scope 2 emissions at approximately 20,470.7 kg CO2e (location-based), and Scope 3 emissions reaching about 9,386,251,400 kg CO2e. The company has set ambitious climate commitments, aiming for carbon neutrality in Scope 2 emissions by 2025 and a 50% reduction in Scope 1 and 2 emissions by 2035, based on 2018 levels. In 2023, Saipem's total emissions were approximately 6,446,500,000 kg CO2e, with Scope 1 emissions at about 1,027,700,000 kg CO2e and Scope 3 emissions at around 5,404,600,000 kg CO2e. The company has disclosed its emissions across all three scopes, demonstrating transparency in its climate impact. Saipem's long-term strategy includes reducing its reliance on fossil fuels and investing in renewable technologies, with a target to diversify its activities by 2050. This commitment reflects a proactive approach to addressing climate change and aligns with industry standards for sustainability. The data presented is sourced directly from Saipem SpA, ensuring accuracy and relevance in their climate reporting.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 12,020,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000 | 0,000,000 | 0,000.0 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 9,322,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | - | 0,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000.0 |
| Scope 3 | - | - | - | - | - | - | 00,000,000 | 00,000,000 | 0,000,000,000 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Saipem's Industry?
How Carbon Intensive is Saipem's Location?
Saipem's Scope 3 Categories Breakdown
Saipem's Scope 3 emissions, which increased by 74% last year and increased significantly since 2017, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 86% of Scope 3 emissions.
Top Scope 3 Categories
Saipem's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Saipem has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
