2017 Saipem Sustainability Report

One step
closer

"This is our vision: to be a leader in making the future of our markets sustainable."
Stefano Cao, Saipem CEO
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Introduction

Saipem of tomorrow
The Chairman and the CEO messages focus on the role of the Saipem of tomorrow in creating value according to the evolution of global scenarios.
Materiality
assessment
Saipem's way to identify sustainability priorities, matters that are meaningful for our capacity to create long-term value, according to stakeholders evaluation.
Our commitment
to the UN Global Compact and SDGs
Respecting and promoting the UNGC’s Ten Principles and Sustainable Development Goals.
Stakeholder
engagement
How we approach our stakeholders and engage them in order to meet their needs and expectations.
Commitment, results
and objectives
Saipem’s commitment, 2017 results and 2018 objectives for our relevant issues.
Value creation
Quantifying Saipem’s contribution and measuring our overall business impacts.
Safety

People Safety

A real value at Saipem and a key part of our business model.
2017 Results

100%

coverage
100% of Saipem’s Group relevant entities covered by ISO 14001 and OHSAS 18001 certifications.

10

years of Leadership in Health & Safety
10 years of LiHS, more than 17,000 activities carried out and around 200,000 people involved.

0.51

TRIFR recorded
A value of 0.51 TRIFR (Total Recordable Incident Frequency Rate) recorded.
Safety

Safe operations, asset integrity and process safety

Efficient asset management is a key element for business success.
2017 Results
Development of a new Asset Integrity Management System.
Development and launch of the upgraded version of the Vessel HSE Case.
Definition of asset integrity KPIs for specific Divisions.
Responsible Business

Anti-Corruption and ethical business practices

Business ethics is the only acceptable option.
2017 Results
Delivery of training on the OM&C Model, Code of Ethics and Anti-Corruption and refresher courses.

79%

of subsidiaries
79% of subsidiaries covered by the OM&C Model, Code of Ethics and Anti-Corruption training.

100%

of joint ventures
100% of JVs covered by the OM&C Model, Code of Ethics and Anti-Corruption training.
Responsible Business

Human and labour rights

Saipem is a responsible employer promoting positive behaviour also outside its own operative boundaries.
2017 Results

500

SUBCONTRACTOR AND EMPLOYMENT AGENCY REPRESENTATIVES
Training on human and labour rights reached more than 500 HR personnel from subcontractors and employment agencies.

30

HR MANAGERS AND COORDINATORS
Training programme on human and labour rights delivered to more than 30 Saipem HR managers and coordinators.

88%

of vendors audited
88% of vendors audited on human and labour rights in high risk countries.
Responsible Business

Ethical supply chain

Vendors are key players and a sustainable supply chain is a prerogative of Saipem’s business and our success.
2017 Results
Continuation of supply chain social responsibility campaign.
Delivery of the internal human rights and supply chain programme involving more than 100 employees.

100

questionnaires
Around 100 vendor qualification questionnaires on labour rights analysed.
Responsible Business

Technology and operational innovation

Innovation as a strategic leverage for Saipem.
2017 Results

31

million euros
R&D expenditure was 31 million euros in 2017.

30

new patents
30 new patents filed in 2017 and around 2,350 patents in force.

55

million euros
Overall innovation expenditure was over 55 million euros in 2017.
Environment

Energy efficiency

We are constantly committed to the containment of GHG emissions.
2017 Results
Energy assessments performed for relevant vessels.

+2,800

TONNES OF CO2 SAVED
More than 2,800 tonnes of CO2 saved due to energy efficiency initiatives.
Organisation of the Saipem Sustainability Vision workshop on the evolution of global business scenarios addressed to the BoD.
Environment

Spill prevention and response

Prevention is by far the most important and efficient weapon to avoid polluting the environment.
2017 Results
Completion of the oil spill mapping for relevant offshore construction and drilling fleets.
Oil and chemical mapping process extended to yards.

+13,000

TRAINING MAN-HOURS
More than 13,000 training man-hours delivered on spill management issues.
Environment

Water management and pollution

Preservation of natural resources and proactive water saving and reuse are key objectives for us.
2017 Results
Implementation
 of multiple water reutilisation systems.
Implementation of the Administration’s required system of the BWM Convention on Ballast Water Treatment on Castorone.

1.2

MILLION M3
The total recycled water is 1.2 mln m3.
Environment

ENVIRONMENTAL
AND SOCIAL IMPACT MANAGEMENT

The proper management of significant environmental and social aspects and of the impacts deriving from them is increasingly becoming a hallmark of our activities and projects in challenging contexts.
People

Training
and development

Human capital and its development are key elements for ensuring lasting competitive success.
2017 Results
Deployment of the Leadership Model.
Implementation of various initiatives and programmes to map, assess and develop personnel competence.

+1.9

MILLION TRAINING MAN-HOURS
More than 1.9 million training man-hours delivered to employees and subcontractors.
People

Health
and well-being

A reinforced commitment to spreading a positive health culture and increasing awareness at all Saipem worksites.
2017 Results
Continue promoting and consolidating a positive health culture among workers.
Pre-Travel Counselling Programme extended to all Saipem personnel working or travelling abroad.

+7,000

NON-IMMUNE EMPLOYEES
More than 7,000 non-immune employees attended Malaria Awareness Sessions.