Snam SpA
Oil & Gas Storage & Transportation
SRG.MI
€ 5.2 1.8
Share price
$ 18 bn
Market Cap
$ 32 bn
Enterprise Value
Carbon footprint
Primary Climate Goal
Snam SpA aims to reduce Scope 1 + 2 by 28% by 2025 from a base year 2018
This target has not been verified as science based according to SBTi
GHG emissions and Carbon intensity
Snam SpA reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 1,428 Kt (+115/+8.8% y-o-y). At the sime time, carbon intensity declined marginally to 403 t (-1.8 /-0.4% y-o-y).
Snam SpA's Scope 3 emissions was up at 995 Kt (
The company is committed to reducing Scope 1 + 2 by 28% by 2025 from a base year 2018, which translates into the estimated reduction of -81 Kt per annum over the period of FY2022 - FY2025. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
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