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Our Commitments and Targets

We have set clear targets and plans for the future and through our engaged and determined workforce, we drive forward on our commitments.

Our focus will be on the key sustainability priorities in which we can maximise our opportunity for impact and setting targets in line with that.

  • 0.05 Lost-time injury frequency rate by 2022
  • 0.10 Serious injury (very high potential) frequency rate by 2022
  • 100% medium and high-risk suppliers assessed for anti-corruption risk by 2025 (90% by 2022)
  • 100% proportion of the business covered by an independent anti-corruption compliance programme assessment by 2025 (85% by 2022)
  • 100% relevant employees trained on human rights by 2025 (50% by 2022)
  • 90% high-risk suppliers undergoing enhanced human rights risks assessment by 2025 (25% by 2022)
  • 90% proportion of our workforce covered by a human rights risk assessment within the last three years by 2022
  • 25GW Cumulative power capacity of renewable projects supported by 2030 (10GW by 2025)
  • 50% reduction in scope 1 and 2 emissions by 2025 (baseline year 2018)
  • Net zero emissions by 2050
  • 90% waste recycled onshore by 2025 (82% by 2022)
  • 70% waste segregated offshore for recycling by 2025 (65% by 2022)
  • 15 BORAboxTM sensors deployed for science by 2025 (2 by 2022)

The Ten Principles of the UN Global Compact

Subsea 7 is proud to be a signatory to the UN Global Compact since 2019. We are committed to upholding the 10 principles of that United Nations Global Compact, which cover human rights, labour, the environment and anti-corruption, and engaging in collaborative projects which advance the broader development goals of the United Nations, including the Sustainable Development Goals.

As our Communication on Progress to the UN Global Compact, we annually report on the progress we are making in support of the 10 principles through our annual Sustainability Report.

View our letter of commitment to the UN Global Compact principles 

 


 

Worker Welfare Principles of Building Responsibly

Subsea 7 is a Board Member of the Building Responsibly organisation, a group formed by leading engineering and construction companies collaborating to promote the welfare of workers across the industry.

As a member, we have also signed up to support the Worker Welfare Principles set out by the organisation.

View the Worker Welfare Principles

Single-Use Plastic Charter

Subsea 7 is a signatory to the UK Chamber of Shipping Single-Use Plastic Charter. In line with this agreement, we are looking at ways to reduce our dependence on single-use plastics on our operations and within our supply chain.

Contribution to the United Nations Sustainable Development Goals

The UN’s 17 Sustainable Development Goals (SDGs) provide a framework for achieving the agenda and targets set by the UN Member States that collectively signpost what needs to be done to end extreme poverty, fight inequality and injustice and protect our planet.

We have mapped our six Sustainability Priorities against these goals, eight of which are highly relevant to our stated ambitions.

Collaborating to make a difference

Subsea 7 and National Oceanography Centre (NOC) formed BORA Blue Ocean Research Alliance™, to enable greater ocean access for scientists to build knowledge and understanding of the world's oceans to create a sustainable marine future.

Learn more

Subsea 7 is supporting Nautilus Floating Solutions, S.L. to maximise energy production of large wind turbines while limiting expensive offshore integration and maintenance procedures.

 

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Subsea 7 joined forces with Simply Blue to develop the Salamander floating wind project, off the North East Coast of Scotland (UK).


 

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4Subsea will support Subsea 7 in delivering advanced digital solutions to customers within Life of Field and Field Development contracts and be a key contributor to the ongoing digital transformation of Subsea 7 business delivery.

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Xodus provides engineering and advisory services to clients in the oil and gas, LNG, renewables and utilities industries. Xodus is independently operated company, with the ability to offer partnering solutions together with Subsea 7.

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Subsea 7 is now a member of the Hydrogen Council, a CEO-led initiative of leading companies with a united vision and long-term ambition: for hydrogen to foster the clean energy transition for a better, more resilient future.
 

Learn more