SBM Offshore is committed to conducting business in a sustainable way over the long term, by developing close relationships with local communities and businesses in host countries and by safeguarding the natural environment.
We aim to utilize the best available technologies to reduce Green House Gas (GHG) emissions, whilst developing renewable energy solutions for the offshore and marine environment.
Our strategy is to focus on areas of our operations where we can have a sustainable impact on the supply chain. We’ve included four sustainability-related objectives in our Strategic Plan:
- Minimize the Company’s carbon foot print;
- Maintain high standards for Health, Safety, Security and Human Resources;
- Serve communities through local content;
- Develop and promote environmentally friendly technology.
SBM selected for a fourth consecutive year of the Dow Jones Sustainability Index
For the fourth consecutive year SBM Offshore has been selected to be part of the respected Dow Jones Sustainability Index (DJSI). To be recognized alongside prominent companies in the ‘world’ category, like BHP Billiton, Samsung, Microsoft, Unilever and Nestle, as well as clients like Petrobras, BG, ENI, Galp and sector peers like AMEC, CGG, Schlumberger, Baker Hughes, Technip and Halliburton, underlines the prestige of the Index.
The Corporate Sustainability Assessment provides an in-depth analysis of financially material economic, environmental and social practices. The DJSI follow a best-in-class approach, including companies across all industries that outperform their peers in numerous sustainability metrics.
Host country sustainability
As a matter of policy, SBM Offshore has always recruited employees locally in all areas of its operation and is committed to further investment in local infrastructure, training, personnel as well as development centres. In recent years, Governments in host countries have demanded higher levels of local content during construction of SBM Offshore products. We aim to meet these demands by subcontracting work at a local level or investing to develop local fabrication facilities, as it has done in Angola and Brazil.
Click here to read the Sustainability section of our 2012 Annual Report.