Piero Ercoli

Snam is a leading European operator in gas infrastructure, focusing on transportation, with a network exceeding 40,000 km across Italy and abroad; in storage, holding one-sixth of the European Union's entire storage capacity; and in regasification, where it currently ranks as the third largest European player, managing (or co-managing) an annual capacity of 28 billion cubic meters. Snam's long-term ambition is to develop and strengthen energy infrastructure for a sustainable future, positioning itself as a national and European operator and enhancing the role of gas as a key-element for a balanced and secure energy system. Snam is among the top listed Italian companies by market capitalization and is committed to continuous growth in sustainable finance. With 80 years of experience in building and managing infrastructure, Snam ensures security of supply, helping to increase the system’s resilience to geopolitical instability and, indirectly, to mitigate the country’s exposure to energy market volatility. In this context, Snam reaffirms its commitment to achieve carbon neutrality (100%) by 2040 and Net Zero for all emissions, including those of associated companies and suppliers, by 2050.