Saipem SpA 2021 AR2
The report highlights Saipem's strategic and organizational transition in 2021, a year significantly impacted by the pandemic and backlog reviews of onshore and offshore wind projects. Despite reporting a consolidated adjusted operating EBITDA loss of ’1,192 million, the company secured ’7.2 billion in new contracts, demonstrating strong demand recovery. Saipem also launched its Net-Zero Programme, committing to a 50% reduction in Scope 1 and 2 emissions by 2035. Additionally, the company adopted a new organizational model structured around four business lines to enhance efficiency and support the energy transition.
Company: Saipem SpA
Sector: Mining & quarrying
Country: Italy
Year: 2021
Type: AR2
Pages: 320
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Saipem SpA
Annual Report
The report highlights Saipem's strategic and organizational transition in 2021, a year significantly impacted by the pandemic and backlog reviews of onshore and offshore wind projects. Despite reporting a consolidated adjusted operating EBITDA loss of ’1,192 million, the company secured ’7.2 billion in new contracts, demonstrating strong demand recovery. Saipem also launched its Net-Zero Programme, committing to a 50% reduction in Scope 1 and 2 emissions by 2035. Additionally, the company adopted a new organizational model structured around four business lines to enhance efficiency and support the energy transition.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees