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Saipem published its first disclosure on tackling climate change, approved by its board of directors last month. The document proves Saipem’s commitment to providing effective disclosure to its stakeholders on issues that could influence the company’s operations and to demonstrating how it is equipped to run its business in the long term.
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Adopted in 2015, the United Nations Sustainable Development Goals (SDGs) put forth a roadmap for addressing the world’s most pressing social, environmental and economic challenges by 2030. Unlike their predecessors, the Millennium Development Goals (MDGs), the SDGs explicitly call on business to play a role in tackling global challenges like access to energy and clean water.
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Through innovative methodologies, transparency, and sustained commitment, companies like Saipem play an increasingly crucial role in steering the global community toward positive outcomes.
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For any company that relies on a network of suppliers and subcontractors, maintaining an ethical supply chain — one that protects human rights and promotes fair labor practices and a safe work environment — is hard work. But the challenge is multiplied when you work globally in over 60 countries across five continents, like Saipem, the Italian energy services giant.
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Many companies talk about their plans to support the UN’s Sustainable Development Goal 8 (SDG8), meant to promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.