SNAM SpA
Industry Group: Utilities
Country/Region: Italy
Identifier: MIL:SRG
Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17.1% of European gas storage capacity and 13.5 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 14 out of 648
Universe
Global Universe 824 out of 15101
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
SNAM SpA |
12.5
Low
|
14 out of 648 |
The Hong Kong & China Gas Co., Ltd. |
21
Medium
|
121 out of 648 |
Adani Total Gas Ltd. |
24.5
Medium
|
197 out of 648 |
GAIL (India) Ltd. |
28.5
Medium
|
287 out of 648 |
Atmos Energy Corp. |
31.2
High
|
351 out of 648 |
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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.
SNAM SpA's Exposure is Medium
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.
SNAM SpA's Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for SNAM SpA
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted SNAM SpA's ESG Risk Rating in the last three years
Highest Controversy Level