Sustainability Report

The report documents Saipem's third double-materiality assessment and a group Net Zero commitment covering Scope 1, 2 and 3 by 2050. It reports 47 kt of CO2 equivalent emissions avoided through energy-management initiatives and 100 kt of CO2 equivalent acquired through its offsetting strategy. For 2023, 11.88% of revenue came from EU Taxonomy-eligible projects, with 55% of that amount aligned to the technical criteria.