At SBM Offshore we believe in doing business that benefits our clients, our employees, our shareholders and society in general. We believe there is a bottom line in performing our operations according to law and regulations on governance, ethics, labour standards, environmental standards and client specifications. We believe that sustainability carries us beyond compliance and creates our License to Grow. Our ambition is to integrate sustainability in our business proposition, so we create economic value and social and environmental value in all of the countries we operate.
In 2014 SBM Offshore conducted a materiality assessment to focus its strategy, policies and communications on the activities that matter most to the company and its stakeholders. We identified the following material topics:
License to Operate
- Economic performance
- Governance & Compliance
- Human Resources
- Health & Safety & Security
License to Grow
- Shape innovative offshore solutions with clients
- Foster local development
- Manage environmental impact
- Cost-effective supply chain
SBM selected for a fifth consecutive year in the Dow Jones Sustainability World Index
For the fifth consecutive year SBM Offshore has been selected to be part of the respected Dow Jones Sustainability Index (DJSI). To be recognised alongside prominent companies in the ‘World’ category like Alcatel-Lucent, Caterpillar and Unilever as well as clients like ENI, Statoil and Total, sector peers like Halliburton and Technip, underlines the prestige of the Index. The Corporate Sustainability Assessment provides an in-depth analysis of economic, environmental and social practices that influence the financial performance of the company. The DJSI follows a best-in-class approach, including only those companies across all industries that outperform their peers in numerous sustainability metrics.
Click here to read the Sustainability section of our 2014 Annual Report.