"Energy to inspire the world" is the message that guides Snam's way of doing business and that, in 2021, was formally added to its Bylaws. In fact, on 2 February 2021 the Shareholders' Meeting approved the amendment to the Bylaws, expressly referencing energy transition business in combination with core regulated activities business, as well as including the pursuit of sustainable success among the goals which the Company's business must focus on.

With the 2022-2026 Strategic Plan the Group confirmed the goal of taking a leading role in the energy transition, thanks to the new businesses (biomethane, hydrogen, energy efficiency, sustainable mobility) and the innovation component, and aims of achieving carbon neutrality by 2040, ahead of the European target set for 2050.

Sustainability is central to the Group's strategy and this is also demonstrated by the the ESG Scorecard, which aims to explain and report to stakeholders in a timely and transparent manner the environmental, social and governance targets that Snam has defined in line with its sustainable development strategy.

In June 2020 Cassa Depositi e Prestiti and Snam announced the foundation of Arbolia, a benefit company established to develop reforesting and CO2 absorption projects in Italian cities, to be carried out in part with the involvement of companies and private citizens who want to contribute to protecting the environment. The benefit company's goal is to plant 3 million new trees by 2030, to absorb around 200 thousand tonnes of CO2.

Furthermore, in February 2022, Renovit, the company controlled by Snam and owned by CDP Equity that promotes energy efficiency in apartment blocks, businesses and public administration, has obtained the B Corp certification reserved for companies that operate according to the highest standards of social and environmental performance, responsibility and transparency.

Snam gives great attention in promoting diversity and inclusion, with new objectives and initiatives relative to gender parity, including the addition of two new appendices to the Diversity & Inclusion Policy, the first on gender parity and the second on the personnel selection process, as well as the creation of the Snam Inclusive Language Manifesto. Snam's efforts were awarded by inclusion for the second year in a row on the Bloomberg Gender-Equality Index (GEI). Furthermore, Snam was confirmed in first place in the "networks, energy, water and distribution" category, in the Top Job - Italy's Best Employer 2021/2022 ranking.

From 2020, a year that created upheaval in the world due to the pandemic, Snam has been distinctive due to its essential role in the energy system guaranteeing the continuity of energy supplies even during the most severe moments of the emergency, also by introducing extraordinary measures. Also in 2022, despite difficulties, for the fourteenth year in a row the company was able to complete its investment projects in line with forecasts.