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.
+22 vs industry average
Saipem’s score of 41 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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Industry Intensity
Gas/Diesel Oil has above-average carbon intensity
Industry performance
The Gas/Diesel Oil industry has reduced its overall emissions by 41% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Saipem's reported carbon emissions
In 2024, Saipem reported total carbon emissions of approximately 10.5 billion kg CO2e, comprising 1.1 billion kg CO2e from Scope 1, about 20.5 million kg CO2e from Scope 2, and approximately 9.4 billion kg CO2e from Scope 3 emissions. 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. Saipem's strategy includes diversifying its activities away from fossil fuels and investing in renewable technologies to achieve these targets. The emissions data is sourced directly from Saipem SpA, with no cascading from a parent organization.
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Saipem’s Climate Goals (2030 & 2050)
9 goals2035
50% reduction in Scope 2
50% reduction in Scope 1 and 2 emissions by 2035 (based on 2018 GHG emissions).
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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Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Saipem
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