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as  well as  benchmark  analysis,  and  technological   Building a  clear  picture  of a  “living”  State-of-the art
                             developments, energy scenarios availability, and similar   technologies, measures, and potential for GHG
                             inputs.                                   reductions is considered a fundamental pillar.
                                                                       The  following  macro  -areas  of  intervention  will  be
                                   “In February 2021 Saipem            addressed in the next years for reducing emissions of
                               communicated to the markets the         Saipem’s own assets (eg. vessels, rigs, fabrication
                              first objectives set in the medium and   yards, temporary construction facilities):
                               long term: Reduction of 50% of the      •   Retrofit of the fleet
                                 total GHGs emissions Scope 1          •   Alternative fuels / electrification
                                  and di Scope 2 within il 2035        •   SELF Renewable
                                   (versus the baseline 2018)          •   Digitalization, Innovation
                                                                       •   Renewal of specific assets
                             In fact, the speed of our decarbonization depends not
                             only on Saipem approach, but on the availability of   Estimating Scope 2 emissions will consider also future
                             mature technology and the ability to scale supply   electrifications (e.g., ships in ports, rigs, etc.), which
                             chains.                                   represents the transition of a portion of their emissions
                             There are two elements to achieve our long-term   from SCOPE 1 to SCOPE 2.
                             targets, that are considered in the roadmap and
                             developed in parallel: reduction of our own emissions   As we are aware, SCOPE 2 emissions are indirect and
                             and compensation of residual emissions “difficult to   presently generated using electricity in particular in
                             abate”, giving priority to reduction activities.  office buildings located around the world, as well as
                                                                       some Fabrication Yards in non-remote areas, with the
                             A transversal multidisciplinary group works throughout   availability of connection to the electricity grid.
                             the organization, to identify both emission reduction
                             measures and developing analysis for addressing   Our idea is that all permanent sites of the Group will be
                             policies and standard procedures towards the   powered by electricity in all areas where this possibility
                             reduction targets.                        is available, thus we collaborate with local suppliers to
                                                                       purchase the maximum possible share of renewable
                             Technology plays a crucial role in the whole process   energy.
                             and is constantly evolving. It is a must to keep abreast
                             of any technological advancements that may enhance   As a wrap up, actions can be clustered into 2 pillars:
                             our assets and operation energy efficiency. These will   •   Scaling up current solutions, mainly for the short
                             be part of the overall strategy towards Net Zero.  term
                                                                       •   Investing in Innovation, to achieve long term
                               “It is a must to keep abreast of any       targets
                             technological advancements that may       •   It means that accelerating the development and
                               enhance our assets and operation           deployment of zero-carbon technologies will be
                                        energy efficiency                 pivotal in the next decade.


            IndustrIal Plants - September 2021
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