BACK TO HOME Main menu primary Main menu functional SUSTAINABLE VALUE MAKING CHANGE POSSIBLE We at Saipem can make positive and sustainable change possible by actively tackling three clear challenges: driving the energy transition, growing the leaders of the future, and generating shared value. The global energy outlook is characterised by profound shifts, with public opinion calling for a step change in the way we produce energy. Climate change is having a dramatic impact on our planet and lives and requires us to rethink how we will meet rising energy demand as we seek pathways towards new, clean energy sources. Saipem is firmly committed to responding to the current evolving, dynamic context by making change possible, positive and sustainable. Our mission To complete extraordinary projects by pushing beyond the frontiers of innovation, opening the way for our clients to the energy of the future. Our vision To turn the dreams of our clients into reality thanks to our ability to innovate and our technological competence, supporting their progress in the energy transition. Our values Creative intelligence Caring for people and the planet Striving for trust Enhancement of cultural identities Read more about how we’re tackling our challenges and the progress we are making towards reaching our objectives The nature, speed, and breadth of these changes are making uncertainty and volatility a new norm. The energy transition is the most important challenge that we at Saipem face today, in social, economic, and environmental terms. We are intrinsically linked to the shifts that are underway, and our ability to act and react within these scenarios will be decisive to the success of our business as well as the success of the global energy transition in and of itself. Saipem is fully equipped to provide a responsible and innovative response. As we navigate these radically altered circumstances, Saipem is firmly committed to responding to our evolving, dynamic context by making change possible, positive and sustainable. This will require involving material environmental, social and governance topics as an integral part of our business strategy and guide the role we can play in going beyond current needs and challenging ourselves to be an enabler of new solutions and shape a better future. Our main objectives for 2021* Preserve the safety, health and well-being of the people who work for Saipem: Achieve a TRIFR of at least 0.45 ** Achieve an HLFR of at least 1.07 *** In addition to the already tested measures to contain the pandemic, introduce vaccination for the Sars-Cov-2 COVID-19 Minimise the impact of our activities on the environment and biodiversity in water and on land: Reduce direct GHG emissions by at least 31,500 tons as part of the long-term plan to reduce emissions by 50% by 2035 and Carbon Neutrality by 2050. 100% coverage of sites/projects with specific emergency plans for accidental pollution from spills of pollutants Work ethically, avoiding any form of corruption: 100% coverage of the countries included in the Anti-Corruption and Compliance 231 Training Plan Innovate the commercial offer and pursue internal efficiency objectives through the development and adoption of digital technologies: Implement 6 new digital solutions in the EPCI area and 5 in the asset management area Scale 4 industrialized digital solutions on EPCI projects Extend the scope of application of new work methodologies (e.g. Agile Methodology, Design Thinking, Data Science) Ensure equal opportunities and an inclusive work environment: Monitor the rate of voluntary turnover for women ensuring a 5% per year. * Full representation of all ESG objectives is available in the 2020 Non-Financial Statement ** The TRIFR * (Total Recordable Incident Frequency Rate) measures the frequency of recordable accidents at work, normalised by 1,000,000 hours worked. The goal is an improvement compared to the average results achieved in the 2018-2020 three-year period. *** The HLFR (High Level Frequency Rate) measures all accidents (near misses) with a high potential for harm to people, in order to better understand the most critical areas and implement suitable programs to limit the triggering causes. The goal is an improvement compared to the average results achieved in the 2018-2020 three-year period. Covid-19 and tackling our challenges Perhaps more than any other, the energy sector has been affected by the closure of industrial activities, restrictions to mobility, interruption of transportation, and a drop in hydrocarbon prices as a consequence of the energy demand collapse caused by the COVID-19 pandemic. But this calamity has also led to greater awareness and determination for many. Greater awareness of the fragility of our economic and health systems, of the interdependence between respect for the planet and social welfare and greater determination to direct the wealth of knowledge and technologies towards the construction of sustainable development models capable of combining economic growth, social inclusion and respect for the environment. It is in this context that Saipem confirms its strategic choice to be among the protagonists of the transition to a zero-emissions economy by offering engineering and technological solutions that as a whole, constitute a technological platform for sustainability. Read through our three challenges to understand how we persevered and remained headstrong in all our sustainability commitments, notwithstanding the Covid-19 pandemic. OUR THREE CHALLENGES Driving the energy transition Growing the leaders of the future Generating shared value Applying our innovative spirit to the transition towards a low-carbon economy, and finding ways to reduce the carbon impact of our operations and those of our clients. Play video The shipmaster: story of a company that cut through the seas of change Follow the story of the evolution of the Saipem 7000 through the eyes of Shipmaster Francesco Di Pietro, and you will learn about Saipem's spirit for change and adaptability in the face of great challenges. Our Sustainability Function managers are experts in their field CONTACT THEM FOR FURTHER INFORMATION For further details on Saipem’s Sustainability performance head over to: MANAGING ENVIRONMENTAL IMPACTS REPORTING AND PERFORMANCE PAGE OUR DEDICATED MINI SITE 2020 INTERACTIVE SUSTAINABILITY REPORT ACKNOWLEDGEMENTS AND INDICES OF SUSTAINABILITY See all documents SEE ALL DOCUMENTS We are working on the new website. 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