Snam S.p.A. is an Italian company that operates in the natural gas transmission sector. Founded in 1941, the company has grown to become one of the largest natural gas infrastructure operators in Europe, with a network of over 41,000 km of pipelines and 4 underground storage facilities. Snam is a publicly traded company and is listed on the Milan Stock Exchange.

Snam's core business is the transportation and dispatching of natural gas throughout Italy. The company operates the national gas transmission network, which connects Italy's major gas import terminals with distribution networks and industrial customers. Snam also manages the storage of natural gas in underground facilities, which ensures security of supply during periods of high demand or supply disruptions.

As the world shifts towards decarbonisation, Snam is committed to playing its part in the transition to a low-carbon economy. The company has set ambitious targets to reduce its carbon footprint and promote the use of renewable energy sources. Snam's decarbonisation strategy is based on three pillars: energy efficiency, renewable energy, and the development of new technologies.

One of the key ways in which Snam is promoting the use of renewable energy is through the development of corporate power purchase agreements (PPAs). These agreements allow companies to purchase renewable energy directly from producers, rather than relying on the traditional grid. Snam has signed several corporate PPAs with renewable energy producers, which has helped to increase the share of renewable energy in its overall energy mix.

Snam is also investing in the development of new technologies to support the transition to a low-carbon economy. The company is exploring the use of hydrogen as a fuel source, which has the potential to significantly reduce carbon emissions in the transportation sector. Snam is also investing in carbon capture and storage (CCS) technologies, which can capture carbon emissions from industrial processes and store them underground.

In addition to its decarbonisation efforts, Snam is also committed to promoting energy efficiency and reducing its overall energy consumption. The company has implemented a number of initiatives to improve the energy efficiency of its operations, such as the use of energy-efficient lighting and the installation of smart meters to monitor energy consumption.

Snam is also actively engaged in the development of corporate energy policies, which aim to promote the use of renewable energy and reduce carbon emissions across the entire value chain. The company has established a sustainability committee, which is responsible for overseeing the implementation of its sustainability strategy and ensuring that its operations are aligned with the United Nations Sustainable Development Goals.

Overall, Snam is a leading player in the natural gas transmission sector, with a strong commitment to decarbonisation and the promotion of renewable energy. The company's investment in new technologies and its focus on energy efficiency are helping to drive the transition to a low-carbon economy. Snam's corporate PPAs and engagement in the development of corporate energy policies demonstrate its leadership in promoting sustainable energy practices.