Annual Report

The report presents Saipem's 2023 performance across its energy and infrastructure businesses, including core business revenue of €11,874 million and net profit of €179 million. The company reports a TRIFR of 0.32% but also one subcontractor fatality. Its climate programme targets a 50% reduction in Scope 1 and 2 emissions by 2035 from a 2018 baseline and Net Zero for Scopes 1, 2 and 3 by 2050. The report also describes 2023 energy consumption of 14,715 TJ and a workforce of 32,033 employees at period end.