Snam SpA EU Taxonomy disclosure

EU Taxonomy summary

8% of Snam SpA's revenues are EU Taxonomy eligible, with 5.9% also being Taxonomy aligned. 72% of Snam SpA's capital expenditures are EU Taxonomy eligible, with 31% also being Taxonomy aligned. Additionally, 98% of Snam SpA's operating expenses are EU Taxonomy eligible, with 35% also being Taxonomy aligned.

EU Taxonomy full disclosure

FY2024	Code	Value (EURm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
4.14 = Transmission and distribution networks for renewable and low-carbon gases	CCM 4.14	7	0.2%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.2%
7.2 = Renovation of existing buildings	CCM 7.2	62	1.7%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	20%		T
4.13 = Manufacture of biogas and biofuels for use in transport and of bioliquids	CCM 4.13	55	1.5%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y
5.7 = Anaerobic digestion of bio-waste	CCM 5.7	24	0.7%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	2%
5.11 = Transport of CO2	CCM 5.11	1	0.028%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y
4.1 = Electricity generation using solar photovoltaic technology	CCM 4.1	7	0.2%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.3%
7.3 = Installation, maintenance and repair of energy efficiency equipment	CCM 7.3			Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.2%
9.3 = Professional services related to energy performance of buildings	CCM 9.3	54	1.5%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	2%
4.16 = Installation and operation of electric heat pumps	CCM 4.16	2	0.1%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y
Turnover of environmentally sustainable activities (Taxonomy-aligned) (A.1)		212	5.9%	6%						Y	Y	Y	Y	Y	Y	Y	26%
Of which enabling		55	1.5%	2%						Y	Y	Y	Y	Y	Y	Y	2%
Of which transitional		62	1.7%	2%						Y	Y	Y	Y	Y	Y	Y	20%		T
5.7 = Anaerobic digestion of bio-waste	CCM 5.7	11	0.3%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
4.30 = High-efficiency co-generation of heat/cool and power from fossil gaseous fuels	CCM 4.30	40	1.1%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								1%
9.3 = Professional services related to energy performance of buildings	CCM 9.3	30	0.8%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
7.3 = Installation, maintenance and repair of energy efficiency equipment	CCM 7.3	5	0.1%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
Turnover of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		86	2%	100%	0%	0%	0%	0%	0%								2%
A. Turnover of Taxonomy eligible activities (A.1+A.2)		298	8%	100%													28%
Turnover of Taxonomy-non-eligible activities		3,270	92%
Total (A+B)		3,568	100%

FY2024	Code	Value (EURm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
4.14 = Transmission and distribution networks for renewable and low-carbon gases	CCM 4.14	648	22%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	20%
7.2 = Renovation of existing buildings	CCM 7.2	21	1%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.8%		T
7.1 = Construction of new buildings	CCM 7.1	83	3%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.7%
8.2 = Data-driven solutions for GHG emissions reductions	CCM 8.2	1	0.03%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.03%
4.8 = Electricity generation from bioenergy	CCM 4.8			Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.02%
4.13 = Manufacture of biogas and biofuels for use in transport and of bioliquids	CCM 4.13	68	2%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	1%
5.7 = Anaerobic digestion of bio-waste	CCM 5.7	15	1%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	3%
3.2 = Manufacture of equipment for the production and use of hydrogen	CCM 3.2	2	0.1%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.03%
9.1 = Close to market research, development and innovation	CCM 9.1	3	0.1%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.01%
5.11 = Transport of CO2	CCM 5.11	45	2%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	2%
4.1 = Electricity generation using solar photovoltaic technology	CCM 4.1	10	0.3%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.5%
7.3 = Installation, maintenance and repair of energy efficiency equipment	CCM 7.3			Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.03%
9.3 = Professional services related to energy performance of buildings	CCM 9.3	8	0.3%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.5%
14.2 = Flood risk prevention and protection infrastructure	CCA 14.2	15	1%	N/EL	Y	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y
CapEx of environmentally sustainable activities (Taxonomy-aligned) (A.1)		919	31%	31%	1%					Y	Y	Y	Y	Y	Y	Y	29%
Of which enabling		74	3%	66.667%	33.333%					Y	Y	Y	Y	Y	Y	Y	3%
Of which transitional		21	1%	0.01%						Y	Y	Y	Y	Y	Y	Y	1%		T
4.14 = Transmission and distribution networks for renewable and low-carbon gases	CCM 4.14	1,147	39%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								22%
7.2 = Renovation of existing buildings	CCM 7.2	22	1%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								0.8%
6.5 = Transport by motorbikes, passenger cars and light commercial vehicles	CCM 6.5	3	0.1%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
8.1 = Data processing, hosting and related activities	CCM 8.1	16	1%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								0.3%
8.2 = Data-driven solutions for GHG emissions reductions	CCM 8.2	3	0.1%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								0.9%
4.13 = Manufacture of biogas and biofuels for use in transport and of bioliquids	CCM 4.13		2%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								2%
5.7 = Anaerobic digestion of bio-waste	CCM 5.7	3	0.1%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								0.08%
4.16 = Installation and operation of electric heat pumps	CCM 4.16		0.1%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								0.1%
4.30 = High-efficiency co-generation of heat/cool and power from fossil gaseous fuels	CCM 4.30	7	0.2%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								0.3%
9.3 = Professional services related to energy performance of buildings	CCM 9.3			EL	N/EL	N/EL	N/EL	N/EL	N/EL								0.05%
4.19 = Cogeneration of heat/cool and power from renewable non-fossil gaseous and liquid fuels	CCM 4.19			EL	N/EL	N/EL	N/EL	N/EL	N/EL
CapEx of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		1,201	41%	100%													27%
A. CapEx of Taxonomy eligible activities (A.1+A.2)		2,120	72%	72%	1%												55%
CapEx of Taxonomy-non-eligible activities		824	28%
Total (A+B)		2,944	100%

FY2024	Code	Value (EURm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
4.13 = Manufacture of biogas and biofuels for use in transport and of bioliquids	CCM 4.13	11	6%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y
5.7 = Anaerobic digestion of bio-waste	CCM 5.7	8	5%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	5%
9.1 = Close to market research, development and innovation	CCM 9.1	1	1%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.8%	E
4.1 = Electricity generation using solar photovoltaic technology	CCM 4.1	5	3%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	4%
7.3 = Installation, maintenance and repair of energy efficiency equipment	CCM 7.3			Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	2%	E
9.3 = Professional services related to energy performance of buildings	CCM 9.3	36	20%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	34%	E
4.16 = Installation and operation of electric heat pumps	CCM 4.16	1	1%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y
OpEx of environmentally sustainable activities (Taxonomy-aligned) (A.1)		62	35%	100%						Y	Y	Y	Y	Y	Y	Y	47%
Of which enabling		37	21%	100%						Y	Y	Y	Y	Y	Y	Y	37%	E
Of which transitional										Y	Y	Y	Y	Y	Y	Y			T
4.14 = Transmission and distribution networks for renewable and low-carbon gases	CCM 4.14	46.8	26%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								15%
4.16 = Installation and operation of electric heat pumps	CCM 4.16			EL	N/EL	N/EL	N/EL	N/EL	N/EL								4%
5.7 = Anaerobic digestion of bio-waste	CCM 5.7	4	2%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								2%
4.30 = High-efficiency co-generation of heat/cool and power from fossil gaseous fuels	CCM 4.30	36	20%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								17%
9.3 = Professional services related to energy performance of buildings	CCM 9.3	22	12%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
7.3 = Installation, maintenance and repair of energy efficiency equipment	CCM 7.3	3	2%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
OpEx of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		174	98%	100%													89%
A. OpEx of Taxonomy eligible activities (A.1+A.2)		174	98%	100%
OpEx of Taxonomy-non-eligible activities		3	2%
Total (A+B)		177	100%

Snam SpA

EU Taxonomy summary

EU Taxonomy full disclosure

Revenues

Capital expenditures

Operating expenses