Snam SpA 2023 AR2
The report highlights Snam's performance in 2023, focusing on its role as Europe's leading natural gas transport operator and its progress in the energy transition. Key achievements include a 57% reduction in methane emissions compared to 2015, reaching the 80% sustainable finance target three years early, and the commissioning of the Piombino FSRU. Snam also updated its sustainability strategy, committing to carbon neutrality by 2040 and net-zero emissions across all scopes by 2050. Financially, the company achieved an adjusted EBITDA of €2,417 million and invested €1,774 million in technical investments, with 29% aligned with the EU Taxonomy.
Company: Snam SpA
Sector: Utilities
Country: Italy
Year: 2023
Type: AR2
Pages: 640
Snam SpA
Annual Report
The report highlights Snam's performance in 2023, focusing on its role as Europe's leading natural gas transport operator and its progress in the energy transition. Key achievements include a 57% reduction in methane emissions compared to 2015, reaching the 80% sustainable finance target three years early, and the commissioning of the Piombino FSRU. Snam also updated its sustainability strategy, committing to carbon neutrality by 2040 and net-zero emissions across all scopes by 2050. Financially, the company achieved an adjusted EBITDA of €2,417 million and invested €1,774 million in technical investments, with 29% aligned with the EU Taxonomy.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees