Snam Maintains Leadership in Climate Change Supplier Engagement Rating

Snam Maintains Leadership in Climate Change Supplier Engagement Rating

(IN BRIEF) Snam has once again secured the top position in the Suppliers Engagement Rating (SER) by CDP for 2023, receiving an “A” rating for its efforts in engaging suppliers to address climate change. This recognition, coupled with its inclusion in CDP’s “A List” for three consecutive years, underscores Snam’s commitment to transparency and decarbonization. The SER evaluates companies based on their governance, objectives, ambition, and Scope 3 emissions management involving supply chain participation, rewarding those leading the transition to a sustainable net-zero emissions economy. Snam’s success is further highlighted by the outcomes of its “Call4Partner – Sustainable Supply Chain,” showcasing over 45 projects and engaging more than 86 partners to implement sustainable initiatives in alignment with the company’s goal of achieving net-zero emissions by 2050.

(PRESS RELEASE) MILAN, 16-Mar-2024 — /EuropaWire/ — Snam has once again been confirmed as the leader in the Suppliers Engagement Rating (SER) by CDP (formerly Carbon Disclosure Project) for the year 2023, securing an “A” rating, that evaluates companies for their engagement of suppliers in addressing climate change. This recognition follows the recent inclusion of the company, for the third consecutive year, in CDP’s “A List” for its commitment and transparency in pursuing decarbonization and net-zero objectives.

The SER evaluates companies based on their responses to four key areas of the CDP climate questionnaire: governance, objectives, ambition, Scope 3 emissions management thanks to supply chain involvement, rewarding those that have excelled across the entire value chain in adopting sustainable practices with minimal environmental impact, thereby playing an important role in the transition to a sustainable net-zero emissions economy.

This result adds to the outcomes of the “Call4Partner – Sustainable Supply Chain,” launched in May 2023 during the Supplier Convention “Safety, Sustainability, and Efficiency. Together, We Can.”, with over 45 projects presented and the involvement of more than 86 partners.

The Call was open to all supply chain actors and completely reflects the company’s commitment to improve its sustainability positioning leveraging innovation, sharing initiatives and specific solutions for meeting decarbonisation ambitions.

There are 159 shared sustainable initiatives that find application in the areas of circular economy, sustainable mobility, product lifecycle, and energy efficiency; numbers that represent the relevance for the involved partners to implement their decarbonisation initiatives, in full alignment with the defined Sustainable Development Goals (SDGs) defined by the UN and with Snam’s goal of achieving net zero emissions across all scopes (including Scope 3) by 2050.

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SOURCE: Snam SPA