Saipem SpA
Industry Group: Energy Services
Country/Region: Italy
Identifier: MIL:SPM
Saipem is a conglomerate of oil and gas engineering and construction and drilling services. The company began as the services appendage of oil major Eni, although today Eni as a customer accounts for generally less than 10% of revenue. Saipem is distinguished for leading industry megaprojects like the Nord Stream pipeline carrying large volumes of natural gas from Russia to European markets.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Energy Services 25 out of 106
Universe
Global Universe 5610 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Subsea 7 SA |
17.9
Low
|
6 out of 106 |
| Saipem SpA |
22
Medium
|
25 out of 106 |
| Seatrium Ltd. |
30.7
High
|
77 out of 106 |
| Yantai Jereh Oilfield Services Group Co. Ltd. |
32.6
High
|
88 out of 106 |
| Sinopec Oilfield Service Corp. |
35.9
High
|
101 out of 106 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted Saipem SpA's ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
