Page 64 - Impiantistica Industriale - Settembre Ottobre 2014
P. 64
red Value:
How can Impact
be Measured?
A model to quantify the positive effects of a global contractor’s operations on
local economies and societies
Marco Stampa
Saipem SpA
and transfer of knowledge and expertise, but also
through working effectively with local suppliers and
subcontractors, creating socio-economic value
within a specific context.
From Saipem’s perspective, the promotion of local
content is not only a moral obligation to demonstrate
our commitment to improving the quality of life in
our host communities. It also has several business
From Saipem’s perspective, the promotion of
local content is not only a moral obligation to
demonstrate our commitment to improving
the quality of life in our host communities.
It also has several business advantages,
which include an improvement in the
performance of local employees
Pipe initation operation “ L ocal content” has different advantages, which include an improvement in the
meanings in different industries. performance of local employees, in a more cost-
For a turn-key global contractor effective manner, the consequent reduction in the
in the oil & gas industry, it use of expatriated workers and associated costs,
marks a way of contributing and the opportunity to build local partnerships that
to the development of have a long lasting license to operate, especially in
local communities, principally through offering politically sensitive areas.
employment opportunities, personnel training, Indeed, the provision of working opportunities
helps to improve the perception of the company
amongst local communities, since it improves their
understanding of what Saipem actually does and
how it contributes to the well-being of local people.
This in turn helps to build a climate of mutual trust.
In fact, resolving local conflicts and improving the
Impiantistica Italiana - Settembre - Ottobre 2014 63
How can Impact
be Measured?
A model to quantify the positive effects of a global contractor’s operations on
local economies and societies
Marco Stampa
Saipem SpA
and transfer of knowledge and expertise, but also
through working effectively with local suppliers and
subcontractors, creating socio-economic value
within a specific context.
From Saipem’s perspective, the promotion of local
content is not only a moral obligation to demonstrate
our commitment to improving the quality of life in
our host communities. It also has several business
From Saipem’s perspective, the promotion of
local content is not only a moral obligation to
demonstrate our commitment to improving
the quality of life in our host communities.
It also has several business advantages,
which include an improvement in the
performance of local employees
Pipe initation operation “ L ocal content” has different advantages, which include an improvement in the
meanings in different industries. performance of local employees, in a more cost-
For a turn-key global contractor effective manner, the consequent reduction in the
in the oil & gas industry, it use of expatriated workers and associated costs,
marks a way of contributing and the opportunity to build local partnerships that
to the development of have a long lasting license to operate, especially in
local communities, principally through offering politically sensitive areas.
employment opportunities, personnel training, Indeed, the provision of working opportunities
helps to improve the perception of the company
amongst local communities, since it improves their
understanding of what Saipem actually does and
how it contributes to the well-being of local people.
This in turn helps to build a climate of mutual trust.
In fact, resolving local conflicts and improving the
Impiantistica Italiana - Settembre - Ottobre 2014 63
