Environment
Protecting the environment, biodiversity, and the territory are integral parts in defining Snam’s corporate policies and investment decisions. To guarantee the efficient and transparent management of its environmental aspects, all of Snam’s activities are monitored by certified environmental management systems (ISO 14001). In addition, Snam’s commitment is also reflected in the challenging targets of the new 2019-2023 Strategic Plan where the Company is committed to reduce its methane emissions by 40% by 2025 (compared with the previous target of 25%) and total Scope 1 and Scope 2 CO2 equivalent emissions by 40% by 2030 compared with the 2016 figures.
Aware of the role that innovation and new clean energy sources have in achieving the decarbonisation goals, Snam is investing in the development of innovative solutions in its core activities and in the creation of new more sustainable business lines related to energy efficiency, green gases, such as hydrogen, biomethane and bio-LNG and to sustainable mobility.
To safeguard the environment, in 2019 Snam spent around €114.4 million (€101 million on investments and €13.4 million on management costs).
Enviromental Expenses (%)
