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Our commitment to the un global compact and sdgs

We became a signatory to the United Nations Global Compact in 2016, the world’s largest corporate sustainability initiative that calls on companies to align strategies and operations with its 10 universal principles on human rights, labour, environment and anti-corruption.

Saipem has been an active player in the UN Global Compact since 2016 and continues to be committed to aligning its business strategy, day-to-day operations and organisational culture to this initiative and its principles.
We pledge to strengthen our efforts in 2018 in all our spheres of influence to protect human rights, respect international labour standards, safeguard the environment and fight corruption. Furthermore, a key aspect of our commitment is promoting the respect for these principles also along our supply chain by involving our business partners to contribute to advancing sustainable development together.
We are renewing our commitment in 2018 as tangible proof of our willingness to be recognised as a leader striving for constant progress while meeting the expectations of our stakeholders.
Stefano Cao, Saipem CEO
We draw inspiration from the Ten Principles to run manage an ethical and sustainable business that creates value for our stakeholders:
Area
Principle
Saipem's commitment
Human Rights
Principle
  1. Businesses should support and respect the protection of internationally proclaimed human rights;
  2. make sure that they are not complicit in human rights abuses.
Saipem's commitment

Responsibility towards its people, as well as the attention the Company places on having an ethical and reliable supply chain.
Contribution to value creation in the countries where Saipem operates as an element for supporting the cultural and socio-economic development of local communities.

Labour
Principle
  1. Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;
  2. the elimination of all forms of forced and compulsory labour;
  3. the effective abolition of child labour;
  4. the elimination of discrimination in respect of employment and occupation.
Environment
Principle
  1. Businesses should support a precautionary approach to environmental challenges;
  2. undertake initiatives to promote greater environmental responsibility;
  3. encourage the development and diffusion of environmentally friendly technologies.
Saipem's commitment

Continuous technological development that also minimises environmental impacts and promotion of an ‘environmentally friendly’ culture among its stakeholders.

Anti-Corruption
Principle
  1. Businesses should work against corruption in all its forms, including extortion and bribery.
Saipem's commitment

Equipped with an advanced Corporate Governance system and actively fighting corruption.

GLOBAL COMPACT AND SDGs

The UN Global Compact is also a call to contribute to achieving the 17 Sustainable Development Goals (SDGs). In working towards these goals, we have specifically focused on the ones that relate directly to our core business and our ability to create value in the areas where we operate.
Some examples can be found below:

INTRODUCTION

Stakeholder engagement

How we approach our stakeholders and engage them in order to meet their needs and expectations