Sustainable
strategy

In all its activities, in Italy and abroad, Snam pursues a sustainable and socially responsible growth model, aimed at creating value for the company and for the communities in which it operates.

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Sustainability strategy

Sustainability is profoundly integrated into the new 2023-2027 Strategic Plan, in which it takes on the role of an enabling and wide-ranging strategic lever to guide the Group in its investment decisions, day-to-day activities, as well as in the development of corporate businesses, contributing to long-term value creation.

To this end, Snam has defined a sustainability framework which, integrated into the Group's strategy, reflects its goal of achieving a fair and balanced transition to a low-carbon economy, based on multi-molecule infrastructure, decarbonisation, biodiversity, innovation and digitalisation, while also considerate of Snam’s people and local communities.

The sustainability framework is divided into seven strategic pillars. For each pillar, the Group has defined a clear ambition with a 2030 outlook.

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Develop an energy transition platform to achieve system decarbonisation and sustainable growth through inclusive paths of change.
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Sustainability Scorecard

Alongside the 2023-2027 Strategic Plan, Snam published its Sustainability Scorecard, which balances business objectives with sustainability targets. In addition to being a useful monitoring tool, the Scorecard is also aimed at improving transparency in communicating the Company's actions and commitment to stakeholders and the market and, more generally, to the public.

Green transition
Multi-molecule infrastructure
Carbon neutrality
Biodiversity and regeneration
People
Local Communities
Transformative innovation
Financial & CO2
Sustainable Principles
Objective completed
Objective in progress
Avoided CO2 emissions (ktCO2e)
102.9 ktCO2e
Actual 2023
105 ktCO2e
Budget 2024
500 ktCO2e
Target 2027
Production of biomethane (Mscm)
24.4 Mscm
Actual 2023
20 Mscm
Budget 2024
160 Mscm
Target 2027
Invest. related to the CCS Ravenna Projects Phase 1+2 (€M)
65 €M
Actual 2023
120 €M
Budget 2024
370 €M
Target 2027
Green transition
Objective completed
Objective in progress
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Avoided CO2 emissions (ktCO2e)
102.9 ktCO2e
Actual 2023
105 ktCO2e
Budget 2024
500 ktCO2e
Target 2027
Production of biomethane (Mscm)
24.4 Mscm
Actual 2023
20 Mscm
Budget 2024
160 Mscm
Target 2027
Invest. related to the CCS Ravenna Projects Phase 1+2 (€M)
65 €M
Actual 2023
120 €M
Budget 2024
370 €M
Target 2027
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The Multi-molecule
formula
01
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03
green
transition