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 38 is higher than 73% 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 10,507,977,600 kg CO2e, comprising 1,103,048,500 kg CO2e from Scope 1, 18,676,700 kg CO2e from Scope 2 (market-based), and 9,386,251,400 kg CO2e from Scope 3 emissions. The previous year, 2023, saw total emissions of about 5,404,600,000 kg CO2e, with Scope 1 emissions at 1,027,700,000 kg CO2e and Scope 2 emissions at 14,200,000 kg CO2e (market-based). Saipem has set ambitious climate commitments, aiming for carbon neutrality in Scope 2 emissions by 2025. Additionally, the company plans to reduce Scope 1 and 2 emissions by 50% by 2035, based on 2018 levels. These initiatives reflect a long-term strategy to transition away from fossil fuels and invest in renewable technologies, thereby minimising their climate impact. The emissions data is sourced directly from Saipem SpA, with no cascaded data from parent or related organizations. Saipem's commitment to sustainability is evident in their ongoing efforts to enhance their environmental performance and align with global climate goals.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,542,600,000 | 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 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 69,700,000 | 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 | 00,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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 by approximately 568% 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.
