Impact and dependencies assessment
While Saipem states it is committed to the identification and evaluation of all potential impacts on biodiversity and ecosystem services deriving from its operations, no sufficient evidence was found that the company systematically assesses its impacts on nature, including biodiversity, within its own operations. It also does not disclose any assessment of its impacts on nature, including biodiversity, in its supply chain. The company does not disclose any assessment of its dependencies on nature within its own operations or of its upstream business relationships.
Key areas and species
Saipem discloses the locations that are in or adjacent to areas important for biodiversity within its own operations. However, it does not disclose the locations of its suppliers that are in or adjacent to areas important for biodiversity. The company does not disclose species populations existing in or adjacent to its own locations or the locations of its suppliers, but it does disclose the status according to national and international conservation lists of species identified in its own locations.
Ecosystem conversion and restoration
Saipem does not disclose a commitment to ensure zero conversion or any activities to achieve conversion-free supply chains. It also does not disclose time-bound targets to achieve conversion-free supply chains. The company has a commitment to minimise ecosystem conversion and discloses some activities to this effect. However, it does not disclose a commitment to restore ecosystems.
Resource exploitation and circularity
No evidence was found regarding the company’s efforts to work towards a circular economy or which organisms it exploits. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets. Even though the company discloses activities to improve soil health, it does not disclose a target to improve soil health in its production or sourcing practices.
Water
Saipem demonstrates it is reducing water withdrawal in its own operations, but it does not disclose a time-bound target to reduce water withdrawal across its own operations. Even though the company reports how much water is withdrawn for its own operations in water-stressed areas, it does not engage with suppliers to reduce water withdrawal. The company does not report a decrease in water pollution or any processes for managing and monitoring discharge water quality. The company does not regularly report on water pollution and does not disclose targets to reduce water pollution. The company does not disclose a commitment to respect the right to water of local communities. Nor does it disclose its processes for implementing preventive and corrective action plans for identified specific risks to the right to water and sanitation in its own operations.
Solid and air pollution
Saipem is reducing the production of hazardous waste. However, no evidence was found that the company reduces plastic use and waste in its own operations. The company does not report on the amount of plastic waste generated and proportions directed from or to disposal. However, it reports regularly on air quality parameters of emissions of harmful air pollutants. These include NOx, SO2, CO, PM10 and NMVO. The company does not report time-bound targets to reduce air pollutants across the most material parts of its value chain.
GHG emissions
Saipem is reducing its scope 1 and 2 greenhouse gas emissions and has an associated time-bound reduction target. It reports progress against this target, but there is no evidence that the target is aligned with a 1.5-degree trajectory. No evidence was found that the company is reducing its scope 3 emissions. It does not disclose a time-bound target to reduce its scope 3 emissions or report progress against this target. As such, there is no evidence that the target is aligned with a 1.5-degree trajectory.
Invasive species
No evidence was found that the company identifies the activities that could lead to the introduction of invasive species in its own operations or in its value chain.