Snam SpA 2020 AR2
The report highlights Snam's performance and strategic progress in 2020, during which the company committed to achieving carbon neutrality by 2040. Snam successfully reduced its total greenhouse gas emissions by 13% compared to 2019 and increased its use of renewable electricity to 49%. The company expanded its energy transition businesses through key acquisitions, including Mieci, Evolve, and a stake in Iniziative Biometano, while also entering the green hydrogen sector through partnerships with ITM Power and De Nora. Additionally, Snam launched Arbolia, a benefit company dedicated to urban forestry, and issued two Transition Bonds to fund its sustainable initiatives.
Company: Snam SpA
Sector: Transport & logistics
Country: Italy
Year: 2020
Type: AR2
Pages: 412
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Snam SpA
Annual Report
The report highlights Snam's performance and strategic progress in 2020, during which the company committed to achieving carbon neutrality by 2040. Snam successfully reduced its total greenhouse gas emissions by 13% compared to 2019 and increased its use of renewable electricity to 49%. The company expanded its energy transition businesses through key acquisitions, including Mieci, Evolve, and a stake in Iniziative Biometano, while also entering the green hydrogen sector through partnerships with ITM Power and De Nora. Additionally, Snam launched Arbolia, a benefit company dedicated to urban forestry, and issued two Transition Bonds to fund its sustainable initiatives.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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:
Energy Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees