Sustainable development is an important value driver for SBM Offshore’s business and operations.
SBM Offshore believes in doing business that benefits clients, employees, shareholders, partners and society in general. SBM Offshore considers this to be fundamental.
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The Company aims to be the industry frontrunner on Sustainability as reflected in the Company’s vision. To achieve this ambition, SBM Offshore continuously strives to promote sustainability awareness, develop talent within the company and incorporate ethics and integrity in all its activities.
Embedding sustainability as a way of working in SBM Offshore is founded on continuous engagement with its employees. In addition, reporting on successful sustainable initiatives, charity projects and donations will improve awareness and further encourage engagement.
The Company’s strategy for Sustainability is founded on developing material aspects with focus on its License to Operate, covering, HSSE, compliance and human capital and its License to Grow for which four specific themes have been defined.
SBM Offshore’s Sustainability Framework, as presented below, shows both license to operate and license to grow aspects of SBM Offshore’s sustainable development. The license to grow themes and objectives reflect the specific focus of SBM Offshore’s Sustainability strategy for value creation.