Snam
Snam S.p.A., headquartered in Italy, is a leading player in the natural gas infrastructure sector. Founded in 1941, the company has established itself as a key operator in the European energy market, with significant operations across Italy and other major regions in Europe. Specialising in the transportation, storage, and regasification of natural gas, Snam is renowned for its commitment to sustainability and innovation. The company’s core services include the management of an extensive pipeline network and advanced storage facilities, which are pivotal in ensuring energy security and efficiency. With a strong market position, Snam has achieved notable milestones, including its role in the development of the Trans Adriatic Pipeline. The company continues to lead the way in the transition to a low-carbon economy, making it a vital contributor to the future of energy in Europe.
DitchCarbon Score
How does Snam'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 Pipeline Transportation 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
Snam's score of 36 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Snam's reported carbon emissions
In 2024, Snam reported total carbon emissions of approximately 3,115,605,000 kg CO2e, with Scope 1 and 2 emissions accounting for about 1,194,783,000 kg CO2e and Scope 3 emissions at approximately 1,920,822,000 kg CO2e. This data reflects a commitment to transparency in emissions reporting, as Snam aims to achieve significant reductions in greenhouse gas emissions. Snam has set ambitious targets to reduce its Scope 1 and Scope 2 emissions by 28% by 2025, 40% by 2027, and 50% by 2030, using 2018 as the baseline year. The company is also committed to achieving carbon neutrality by 2040. These targets are part of a broader strategy to enhance sustainability and reduce the environmental impact of its operations. In 2023, Snam's global emissions were reported at approximately 3,115,605,000 kg CO2e, with Scope 3 emissions at about 1,549,000 kg CO2e and Scope 1 and 2 emissions combined at approximately 1,530,000 kg CO2e. The company has consistently focused on reducing its carbon footprint, with a notable reduction in methane emissions targeted at 25% by 2025. Snam's climate commitments are not only focused on direct emissions but also encompass indirect emissions, with plans to address Scope 3 emissions as part of its long-term strategy. The company is dedicated to integrating environmental, social, and governance (ESG) criteria into its operations, further solidifying its commitment to sustainability and climate action.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 94,966,000 | 000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | - | - |
| Scope 2 | 2,987,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - |
| Scope 3 | 34,402,000 | 00,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions 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.
Snam is not participating in any of the initiatives that 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.
