Strategy for the future
Snam has strengthened its sustainable business model, setting ambitious goals on ESG issues relevant to the company and its stakeholders. It will do so through a structured action and investment plan, with a particular commitment to climate change and achieving carbon neutrality in its activities at 2040.
The global context that has emerged in recent years poses crucial challenges regarding the definition of common policies to support the UN’s sustainable development goals and limit the consequences of climate change.
Sustainability has become critical across all sectors and Snam’s mission is to help develop an economic system based on progressive decarbonisation. Aware of its key role in the country's energy transition, Snam shares the objectives of the European Green Deal for a "Just Transition" that leaves no one behind and that does not only look at climate change but at the inclusion of workers and support for communities, guaranteeing social protection and respect for human rights. With this in mind, Snam has strengthened its business model, which was already based on values such as sustainable growth, transparency, diversity and protection of the environment and territories, integrating sustainability even further into its industrial strategy with an increasingly holistic approach.
As part of this, Snam has focused on further strengthening its system for defining and monitoring the sustainability KPIs, setting ambitious objectives in all ESG areas relevant to its business, and demonstrating these to stakeholders through the development of an ESG Scorecard.
Snam also aligned itself with the Paris objectives and substantiated its commitment for the future by defining a strategy to achieve carbon neutrality by 2040 thanks to a structured plan of action.
25 November 2020 - 13:11 CET