Sustainable Development Goal (SDG)
SDG 13: Climate Action
Describe how this investment will support the company’s targets on SDG impact
Snam is supporting the development of the green gas value chain through continued investments in biomethane and hydrogen technologies. In this regard, the Hydrogen business unit has been created with the goal of being at the forefront of a sector with great growth prospects through collaborations, strategic partnerships and the launch of new pilot projects with the objective to decarbonize Snam's operation in 2040. It is stated that the investment ends in 2032 because our strategic planning considers a time period of ten years. The investment could therefore end beyond 2032