Reporting & performance
Our 2018 Sustainability Report shows the role that Snam is playing in relation to the climate change challenges (the TEC project, sustainable mobility, biomethane) and sustainable finance (sustainable loan, sustainable bond). 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.
The 2018 Sustainability Report dedicates its first part to the evolution of the global climate scenario and the ever-increasing connection between finance and climate change. The chapter refers to guidelines, studies and analysis of institutions and research bodies that have recently focused their attention on the close correlation between climate, finance and reporting, for example the 2018 IPCC Report on climate changes, the guidelines of London Stock Exchange that recognize in the UN SDGs a reference for the investments choice, the Task Force on Climated Related Financial Disclosure to which Snam adhered.
In this context, the chapter shows the role that Snam is playing in relation to the climate change challenges (the TEC project, sustainable mobility, biomethane) and sustainable finance (sustainable loan, sustainable bond).
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 2018, Snam updated the topics that historically fell within the remit of sustainability, to focus on those of a more material nature.
The energy of change. The company amidst climate challenges and sustainable finance
31 July 2019 - 14:07 CEST