Public Profile

Saipem

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.

21

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.

12

Industry Benchmark

Saipem's score of 21 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

82%

Saipem's reported carbon emissions

In 2023, Saipem reported total carbon emissions of approximately 6,446,500,000 kg CO2e, comprising 87,700,000 kg CO2e from Scope 1, 1,027,700,000 kg CO2e from Scope 2, and a significant 5,404,600,000 kg CO2e from Scope 3 emissions. This reflects a continued commitment to transparency in emissions reporting, although no specific reduction targets or initiatives have been outlined in their recent disclosures. Over the years, Saipem's emissions have fluctuated, with notable figures including approximately 4,383,300,000 kg CO2e in 2022, 2,662,400,000 kg CO2e in 2021, and 1,123,000,000 kg CO2e in Scope 1 for 2020. The company has not established formal reduction targets under the Science Based Targets initiative (SBTi) or other frameworks, indicating a potential area for future commitment. Saipem's emissions profile highlights the importance of addressing Scope 3 emissions, which represent the majority of their carbon footprint. As the company continues to navigate the challenges of climate change, its future strategies will be crucial in aligning with global climate goals and enhancing sustainability practices within the industry.

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2011201220132014201520162017201820192020202120222023
Scope 1
12,020,000
000,000,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
9,322,000
00,000,000
00,000,000
-
00,000,000
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
Scope 3
-
00,000,000
00,000,000
-
-
-
-
00,000,000
00,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Saipem's primary industry is Gas/Diesel Oil, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Saipem is headquartered in IT, which has a rank of low, indicating low grid carbon 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.

Saipem is not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers