Energy Magazine October 2022 | Page 39

SNAM S . P . A
Snam ’ s energy transformation model

“ It ’ s important that Stakeholders continue to be engaged and involved in every step of the way ” GUIDO AMENDOLA SENIOR VP OF CORPORATE & GROUP SUPPLY CHAIN , SNAM S . P . A

“ helping drive the company ’ s net zero carbon programme has been exciting ” – as has supporting Snam ’ s ongoing transition from fossil-based gas to sustainable energy sources .
He believes that an important part of Snam ’ s sustainability drive is that stakeholders “ continue to be engaged and involved every step of the way ”.
This is why Snam has launched a Change Management Initiative in its supply chain with an incubator team called ProcuLab which , says Amendola , “ is an ideas booster composed of people from across our supply chain , who
The Snam Group is one of the world ' s leading energy infrastructure operators and is one of Italy ' s largest companies . It guarantees the security of the Country ’ s gas supply and is one of Europe ’ s key enablers in the energy transition movement .
Snam operates in Austria , France , Greece , Italy and the UK , and has a presence also in Asia , the Middle East and the US .
The Group has the largest natural gas transportation network in Europe , with over 41,000 km , as well as 3.5 % of the world ’ s gas storage capacity .
In recent years , Snam has begun to play a major role as an enabler of the energy transition , in line with EU net zero targets .
Its 8.1bn euro strategic plan is expected to be complete by 2025 , and it says it is on course to achieve carbon neutrality by 2040 .
The backbone of the energy transformation is to make its supply infrastructure ‘ hydrogen ready ’. It is also planning to support energy transition businesses such as biomethane from organic urban waste and agriculture and energy efficiency for buildings .
The Group ' s business model is based on sustainable growth , transparency and the promotion of talent and diversity .
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