Snam

Corporate Details

ISIN(s):

IT0003153415 (+1 more)

LEI:

8156002278562044AF79

Country:

Italy

Address:

PIAZZA SANTA BARBARA, 7, 20097 SAN DONATO MILANESE

Website:

https://www.snam.it/en

Sector:

Energy

Industry:

Oil, Gas & Consumable Fuels

Description

Snam is Europe’s leading operator in natural gas transport and storage, with an infrastructure enabling the energy transition. It ranks among the top ten Italian listed companies by market capitalization. Snam operates a pipeline network of approximately 41,000 km spanning from Italy, Austria, France, Greece and the United Kingdom and the company manages 3.5% of the world’s gas storage capacity. It is also one of the main operators in LNG (Liquified Natural Gas) regasification. With its 80 years of experience in the management and development of networks and plants, Snam guarantees security of supply and promotes the energy transition across territories, through investments in green gases (biomethane, hydrogen) and energy efficiency. Snam has set itself a net zero target on Scope 1 and 2 CO2 equivalent emissions by 2040 as well as a target for indirect Scope 3 (subsidiaries, suppliers) emissions reduction by 2030.