Saipem, a globally active turnkey contractor in the oil and gas industry, has been selected as a finalist for the DuPont Safety and Sustainability Awards as a result of the company’s efforts in pursuing a sustainable corporate footprint

1. Commencing operations in the 1950s, Saipem has grown
into a leader in the provision of engineering, procurement,
project management and construction services. The
company has special expertise in the design and execution
of large-scale offshore and on-shore oil and gas projects,
with a particular focus on the toughest and most
technologically challenging sites, including remote areas
and deep waters. Employing over 48,000 people from
approximately 125 countries, Saipem has a strong local
presence in strategic and emerging markets such as West
Africa, the Americas, Central Asia and the Middle East.
Given the scale and location of its activities, the company
is conscious of the role it plays in the sustainable
economic development of the communities in which it
operates. Saipem’s sustainability strategy aims to
maximise the local content of its projects as a means to
achieve the integration of the business within the local
socio-economic context. To this end, Saipem has
developed an innovative model drawing upon economic
impact analysis methodologies – Saipem Local Content
Externalities Evaluation (SELCE) – to describe, measure
and monetise the tangible value of company operations in
a specific country, as well as the ‘intangible’ benefits
connected to its presence.
Having been applied in a variety of different territories where Saipem operates, the SELCE model has demonstrated and
reinforced the perception of a successful local content strategy able to create long-term value.
Results are communicated to clients, local governments and authorities, and the pioneering methodology itself is
flexible and able to be adapted and replicated in different environments.
Saipem, a globally active turnkey
contractor in the oil and gas industry, has
been shortlisted for the DuPont Safety
and Sustainability Awards as a result of
the company’s efforts in pursuing a
sustainable corporate footprint.
SAIPEM
to describe, measure and monetise the
tangible value of company operations in a
specific country, as well as the ‘intangible’
benefits connected to its presence.
Saipem designs and executes oil and gas projects in the
toughest and most technologically challenging sites
and
employs
over
from approximately
PEOPLE48,000
with a strong local presence
in West Africa, the Americas,
Central Asia and the Middle East.
COUNTRIES
125
Saipem has developed the innovative model,
SAIPEMLOCALCONTENT
EXTERNALITIESEVALUATION
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