Reporting & performance
Our 2021 Sustainability Report shows the role that Snam is playing in the Country decarbonization with particular regard to the updated Net Zero Carbon Strategy, the new objectives for the Scope 3 emissions reduction and the updated ESG scorecard monitoring targets in 14 material areas. Also this year Snam prepared the Report in accordance with the GRI standards of Global Reporting Institute, issued in 2016.
Since 2006, Snam has published its Sustainability Report on an annual basis. This document, which includes economic and social data, is the result of the evolution of the Health, Safety and Environmental Report that the company has published since its formation in 2001, and since 1994, as Snam S.p.A.
In the 2021 sustainability report, the first part is dedicated to the challenge posed by climate change and the role of Snam as the Country's decarbonization enabler. In particular, we represent the updating of the Net Zero Carbon strategy that aims to achieve carbon neutrality with respect to scope 1 and scope 2 emissions by 2040, the new targets on scope 3 emissions reduction involving associates and suppliers and the ESG scorecard, the tool that monitors targets in 14 material areas that cover social, governance and environmental aspects, now aligned to the Strategic Plan time horizon: 2025. Ample space has been given to all the projects that contribute to achieve these objectives: the development of hydrogen and biomethane describing its possible applications in the technological and industrial field and highlighting Snam's commitment in these areas with reference to its business strategy and its recent acquisitions.
Besides part two of the document, presents the sustainability information and performance in compliance with the “In accordance - comprehensive” option of the CONSOLIDATED SET OF GRI SUSTAINABILITY REPORTING STANDARDS 2016 (GRI standards).
At the end of 2021, Snam updated the topics that historically fell within the remit of sustainability, to focus on those of a more material nature.
2021 Sustainability Report
29 March 2022 - 17:06 CEST