Just Issued: Saipem Sustainability 2016 - Creating Long-term Shared Value

May 30, 2017 8:00 AM ET

Saipem’s 11th Sustainability Report highlights the company’s constant effort to create value while detailing its efforts to go beyond expectations and, in particular, its achievements in the top areas identified by its managers and external stakeholders.

Nearly 1,000 stakeholders helped Saipem identify the most significant issues for the sustainability of its business: safety, asset integrity, training and development, technological and business innovation, anti-corruption and ethical business practices, labour rights, ethical supply chain, health and well-being, spill prevention and response, local employment, transparency and energy efficiency.
‘Saipem Sustainability 2016’ investigates each of these topics which represent the cornerstone of Saipem’s sustainability strategy, describing the company’s approach, main targets, initiatives and results. Watch the video “Our 2016”  to see a snapshot of the most significant achievements of 2016.
Find out how in a fast-changing and complex market environment, innovation, human capital development and human rights promotion are of pivotal importance in shaping the role of an important economic player such as Saipem as clearly explained by the CEO, Stefano Cao, in the introduction.

Acceptance of Saipem into the United Nations (UN) Global Compact was an important 2016 milestone and as stated by Saipem’s CEO: “We are truly committed to making this initiative and its principles an integral part of our business strategy, day-today operations and organisational culture. Therefore, we will also continue to incorporate the Ten Principles in our decision-making processes in 2017 with the genuine conviction that an important global economic actor such as Saipem shall play its part in contributing to advancing sustainable development in all its spheres of influence”.
Browse the interactive version of “Saipem Sustainability 2016” or visit the Sustainability section. Further information on sustainability KPIs can be found in the “Sustainability Statements 2016” included in the Annual Report.
About Saipem:
Saipem is one of the world leaders in drilling services, as well as in the Engineering, Procurement, Construction and Installation (EPCI) of pipelines and complex onshore and offshore projects in the Oil & Gas market. The company has distinctive competences in harsh environments, remote areas and deep water. Saipem has its headquarter in Italy and employs about 40,000 people, belonging to 120 nationalities and operates in more than 60 countries worldwide.
For further details, you can visit Saipem on Linkedin, or www.saipem.com.
Sustainability at Saipem

Read the Report