Page 65 - Impiantistica Industriale - Settembre Ottobre 2014
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host communities’ perception of a company can it improves their technological and managerial
expertise.
have a long term impact on business opportunities. Finally, the positive indirect effects associated
with the social stability and wellbeing of the local
An interesting Goldman Sachs-ERM research population due to the benefits of employment and
the economic growth are clearly a positive outcome
study in 2009 showed that the top managers in the for the country.
190 most important O&G projects think that more Is it possible to measure the value
created in the economy due to
than 70% of delays are Saipem’s presence and operations?
In 2009, Saipem’s Sustainability Team due to “issues on the In 2009, Saipem’s Sustainability Team developed
ground”. a model called SELCE (Saipem Externalities
developed a model called SELCE (Saipem Saipem’s operations Local Content Evaluation) aimed at quantifying
Externalities Local Content Evaluation) generate a wide range and monetising the benefits associated with local
aimed at quantifying and monetising the of positive effects in content. The model is based on the theory of
benefits associated with local content. the local communities “externalities”, which are defined as “significant
in which they operate, effects produced by economic activities impacting
on individuals and communities”. Positive
through the creation externalities would be, for example, impact on the
community derived from educational programs
of the so-called “shared value” which considers
the economic value (measured in monetary terms)
generated in the society due to the employment
of local people and the local economic growth
thanks to Saipem’s use of local suppliers and
subcontractors. On the stakeholder side, the
Fig. 1 – Results for those extension of social benefits, in terms of building
countries where the SELCE expertise and skills among local employees, can
increase their appeal in the labour market as
model has been applied
64 Impiantistica Italiana - Settembre - Ottobre 2014
expertise.
have a long term impact on business opportunities. Finally, the positive indirect effects associated
with the social stability and wellbeing of the local
An interesting Goldman Sachs-ERM research population due to the benefits of employment and
the economic growth are clearly a positive outcome
study in 2009 showed that the top managers in the for the country.
190 most important O&G projects think that more Is it possible to measure the value
created in the economy due to
than 70% of delays are Saipem’s presence and operations?
In 2009, Saipem’s Sustainability Team due to “issues on the In 2009, Saipem’s Sustainability Team developed
ground”. a model called SELCE (Saipem Externalities
developed a model called SELCE (Saipem Saipem’s operations Local Content Evaluation) aimed at quantifying
Externalities Local Content Evaluation) generate a wide range and monetising the benefits associated with local
aimed at quantifying and monetising the of positive effects in content. The model is based on the theory of
benefits associated with local content. the local communities “externalities”, which are defined as “significant
in which they operate, effects produced by economic activities impacting
on individuals and communities”. Positive
through the creation externalities would be, for example, impact on the
community derived from educational programs
of the so-called “shared value” which considers
the economic value (measured in monetary terms)
generated in the society due to the employment
of local people and the local economic growth
thanks to Saipem’s use of local suppliers and
subcontractors. On the stakeholder side, the
Fig. 1 – Results for those extension of social benefits, in terms of building
countries where the SELCE expertise and skills among local employees, can
increase their appeal in the labour market as
model has been applied
64 Impiantistica Italiana - Settembre - Ottobre 2014
