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Saipem S.p.A., a leading player in the gas and diesel oil industry, is headquartered in Italy and operates extensively across Europe, Africa, the Middle East, and Asia. Founded in 1956, Saipem has established itself as a key provider of engineering, procurement, construction, and installation services, particularly in the energy sector.
The company is renowned for its innovative solutions in offshore and onshore projects, specialising in complex oil and gas infrastructure. Saipem's commitment to sustainability and technological advancement sets it apart in a competitive market, enabling it to deliver high-quality services tailored to client needs. With a strong market position, Saipem continues to achieve significant milestones, reinforcing its reputation as a trusted partner in the global energy landscape.
+45 vs industry average
Saipem’s score of 61 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Gas/Diesel Oil is among the most carbon-intensive industries
The Gas/Diesel Oil industry has reduced its overall emissions by 23% since 2018
Scope 3 accounts for ••• of total emissions.
Saipem, an Italian company in the Gas/Diesel Oil industry, reported its Scope 1 and 2 emissions as approximately 1.029 billion kg CO2e in 2025. In 2024, these emissions were around 750 million kg CO2e, following approximately 850 million kg CO2e in 2023, 950 million kg CO2e in 2022, and 1.05 billion kg CO2e in 2021. In 2020, Saipem's Scope 1 and 2 emissions were about 1.15 billion kg CO2e, and in 2019, they were approximately 1.26 billion kg CO2e.
For 2018, Saipem disclosed Scope 1 emissions of approximately 1.349 billion kg CO2e, Scope 2 emissions of about 35.7 million kg CO2e (with market-based Scope 2 emissions at approximately 38.2 million kg CO2e and location-based at 35.7 million kg CO2e), and Scope 3 emissions of roughly 58.2 million kg CO2e. The combined Scope 1 and 2 emissions for 2018 were approximately 1.385 billion kg CO2e.
In 2017, the company reported Scope 1 emissions of approximately 1.299 billion kg CO2e and Scope 2 emissions of about 37.5 million kg CO2e (location-based Scope 2 was also 37.5 million kg CO2e). The combined Scope 1 and 2 emissions for 2017 were approximately 1.337 billion kg CO2e. In 2016, Saipem reported Scope 1 emissions of approximately 1.177 billion kg CO2e.
Looking further back, in 2015, Saipem's Scope 1 emissions were approximately 1.504 billion kg CO2e and Scope 2 emissions were about 43 million kg CO2e. For 2014, Scope 1 emissions were around 1.42 billion kg CO2e and Scope 2 emissions were approximately 49.1 million kg CO2e. In 2013, Scope 1 emissions were about 1.539 billion kg CO2e and Scope 2 emissions were roughly 54 million kg CO2e. In 2012, Scope 1 emissions were approximately 1.543 billion kg CO2e and Scope 2 emissions were about 69.7 million kg CO2e. For 2011, Saipem reported Scope 1 emissions of approximately 1.321 billion kg CO2e and Scope 2 emissions of about 120.1 million kg CO2e.
Saipem has set several climate commitments. They aim to achieve carbon neutrality for Scope 2 emissions by 2025. The company is also targeting a 50% reduction in Scope 1 and 2 emissions by 2035, using 2018 as the baseline year. Furthermore, Saipem has a long-term Net Zero Programme, aiming for Net Zero across Scope 1, 2, and 3 emissions by 2050. These commitments are outlined in various company documents, including their Sustainability Report.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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