Reporting & performance
Our 2020 Sustainability Report shows the role that Snam is playing in the Country decarbonization with particular regard to the Net Zero Carbon Strategy, the new mid-term objectives for the Scope 1 and Scope 2 emissions reduction and the new ESG scorecard monitoring three-years 22 KPIs. 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 2020 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 new Net Zero Carbon strategy that aims to achieve carbon neutrality with respect to scope 1 and scope 2 emissions by 2040, ahead of the European targets for 2050 and the ESG scorecard, the new tool that sets 22 three-year objectives that cover social, governance and environmental aspects by monitoring them annually. 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 2020, Snam updated the topics that historically fell within the remit of sustainability, to focus on those of a more material nature.
2020 Sustainability Report
29 March 2021 - 11:18 CEST