Snam
Snam S.p.A., headquartered in Italy, is a leading player in the natural gas infrastructure sector. Founded in 1941, the company has established itself as a key operator in the European energy market, with significant operations across Italy and other major regions in Europe. Specialising in the transportation, storage, and regasification of natural gas, Snam is renowned for its commitment to sustainability and innovation. The company’s core services include the management of an extensive pipeline network and advanced storage facilities, which are pivotal in ensuring energy security and efficiency. With a strong market position, Snam has achieved notable milestones, including its role in the development of the Trans Adriatic Pipeline. The company continues to lead the way in the transition to a low-carbon economy, making it a vital contributor to the future of energy in Europe.
DitchCarbon Score
How does Snam's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Pipeline Transportation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Snam's score of 33 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Snam's reported carbon emissions
In 2023, Snam reported total carbon emissions of approximately 3,002,955,000 kg CO2e, comprising 1,305,339,000 kg CO2e from Scope 1, 1,589,833,000 kg CO2e from Scope 2, and 1,382,034,000 kg CO2e from Scope 3. This represents a slight increase from 2022, where total emissions were about 3,000,000,000 kg CO2e. Snam has set ambitious targets to reduce its greenhouse gas emissions. The company aims to decrease Scope 1 and Scope 2 emissions by 28% by 2025, 40% by 2027, and 50% by 2030, using 2018 as the baseline year. Furthermore, Snam is committed to achieving carbon neutrality across its operations by 2040. In addition to these targets, Snam has also set a goal to reduce methane emissions by 25% by 2025, with an interim target of a 15% reduction by 2022. These initiatives reflect Snam's commitment to sustainability and its proactive approach to addressing climate change within the energy sector.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,439,000,000 | 0,000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 29,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 334,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Snam is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
