Saipem

Saipem, headquartered in Italy and operating in the Gas/Diesel Oil industry, reported total global greenhouse gas emissions of approximately 3.62 billion kg CO2e in 2025. This figure comprises about 1.51 billion kg CO2e from Scope 1 emissions, approximately 32.2 million kg CO2e from Scope 2 (market-based) emissions, and about 2.08 billion kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions in 2025 included purchased goods and services (approximately 1.04 billion kg CO2e) and upstream leased assets (around 415.3 million kg CO2e).

Looking back, in 2024, Saipem's total global emissions were approximately 3.69 billion kg CO2e, with Scope 1 at about 1.10 billion kg CO2e, Scope 2 (market-based) at around 18.7 million kg CO2e, and Scope 3 at roughly 2.57 billion kg CO2e.

Saipem is committed to significant emissions reductions. The company aims for carbon neutrality for Scope 2 emissions by 2025. Furthermore, Saipem has set a long-term target to reduce Scope 1 and Scope 2 emissions by 50% by 2035, using 2018 as a baseline year. The company is also working towards achieving Net Zero for Scope 1, 2, and 3 emissions by 2050 as part of its Net Zero Programme within its broader Sustainability Plan.