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Our Priorities and Focus Areas

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. 

We have identified six sustainability priorities below that we can maximise our opportunity for impact.

Health, Safety and Wellbeing

Creating, maintaining, and promoting a safe, secure and healthy work environment.
 

Operational Eco-Efficiency

Improving the environmental efficiency of our operations and our solutions in terms of greenhouse gas emissions and energy use.

Labour Practices and Human Rights

Providing working conditions aligned with international standards with respect to labour practices and human rights.
 

Business Ethics

Ensuring ethical business conduct and compliance by those working in and for the Company.

Energy Transition

Being the partner of choice for the transition of offshore energy towards a sustainable future.

Ecological Impacts

Minimising the impact of our operational activities on marine and land-based ecosystems and biodiversity.

Additional Areas of Focus

We have also continued our commitment to supporting additional sustainability topics that are important to our people, our business and the society we are part of.

Our people are at the heart of everything we do and supporting all individuals to achieve their full potential is key to Subsea 7’s success. Subsea 7 has a well-established range of learning and development tools to help our people grow their knowledge and abilities in different areas of the business.

Development schemes, behavioural models, webinars and a variety of learning content are easily accessible via our digital platforms, designed to promote inclusive and equal learning opportunities amongst our employees.

Our employees are encouraged to take charge of their careers and, through one-to-one meetings supported by their direct managers, career development plans are created and reviewed on a regular basis. Areas for development are identified and can be supported by our learning and development tools. The process is driven by the individuals and supported by their functional managers.

We value and promote diversity and regard it as a key to our success. An inclusive and diverse environment fosters creativity and innovation and improves decision-making by introducing new ways of thinking. We are committed to providing a workplace where everyone can thrive.

A Diversity and Inclusion Steering Committee was established in 2019, chaired by a member of the Executive Management Team and with representatives from different regions. The Committee’s aim is to role model diverse and inclusive behaviours, influence others and spearhead the agenda, as well as set Subsea 7’s framework for success, ensuring the topic remains a Company priority, and evolve the focus as the Company matures.

We believe that everyone has the right to be treated fairly, with dignity and respect, and to have equal opportunities in a supportive, friendly and inclusive environment, free from all forms of discrimination, harassment or bullying. Fair employment practices, fair treatment for all individuals and equal opportunity on the basis of merit are the foundation of our development programmes. These principles are well established and form part of Subsea 7’s Human Rights Policy Statement and are further detailed in our Equal Opportunities Diversity Employment Policy.

A significant part of our work is executed by our supply chain. In EPIC projects, outsourced scopes can represent up to 50% of Subsea 7’s revenue. We recognise that a responsible supply chain is central to our business activities and important in ensuring a sustainable future.

Our aim is to co-operate closely with our suppliers to achieve a working relationship that benefits both parties. We expect our suppliers to have an approach to sustainability aligned with ours and to respect our Values and working culture. To ensure a fair bidding process, Subsea 7 promotes open competition among approved suppliers. Bidders are treated fairly and evaluated according to their technical and commercial proposals.

Our Code of Conduct for Suppliers sets out the key principles of ethical business conduct that our suppliers are required to uphold. This includes business ethics, labour practices, human rights, health, safety, security, environment and quality. By signing a contract, they agree to work according to these principles.

Subsea 7 operates on a global basis and a core principle of our operating approach is to optimise local content and engage closely with local communities on all levels.