Italian gas giant Snam targets carbon neutrality by 2040

Michael Holder
clock
Snam's headquarters in Milan | Credit: Snam
Image:

Snam's headquarters in Milan | Credit: Snam

Europe's biggest gas pipeline company unveils multi-billion Euro investment plan to transition to hydrogen and biomethane

Italian gas and energy infrastructure giant Snam has set its sights on becoming a carbon neutral company by 2040, pledging to invest €7.5bn over the next four years in hydrogen, biomethane, energy efficiency,...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Net Zero Now

Start-up Xlinks is planning to build an inteconnector between Morocco and the UK | Credit: Xlinks

'Green Cold War': Why insurers and businesses should prepare for net zero geopolitical tensions

Net zero transition will be characterised by competition as much as cooperation, and as such insurers should gear up to underwrite 'systematically important assets' that could be foundation of cooperation between countries, report warns

Cecilia Keating
clock 19 January 2022 • 5 min read
ExxonMobil vows to achieve 'net zero' operations by 2050

ExxonMobil vows to achieve 'net zero' operations by 2050

But oil major fails to establish targets for Scope 3 emissions that account for at least 85 per cent of its total emissions output

Cecilia Keating
clock 19 January 2022 • 2 min read
The BusinessGreen Leaders Awards are back for 2022

The BusinessGreen Leaders Awards are back for 2022

You can now enter the UK's largest and most prestigious green business awards, which is set to return this June

BusinessGreen
clock 18 January 2022 • 2 min read