In an ever evolving energy industry, one of the most significant challenges we face is the increased demand society places on being able to deliver sustainable sources of energy as we transition to a lower carbon future. Our company is committed to meeting this challenge and to continuously improve the sustainability performance of our business. We have made significant progress already in establishing a sustainable business which stands us in good stead for the future. This is founded on our long established company policies on HSEQ, Ethics and Human Rights.
Subsea 7’s approach to sustainability is founded on the belief that by prioritising on the more material business opportunities and risks we can become increasingly sustainable in all that we do. Our materiality assessment established the key sustainability priorities relevant to all our stakeholders.
On 11 October 2021, we announced our target to achieve Net Zero greenhouse gas (GHG) emissions by 2050.