7.3GRI Table

INDICATOR

DESCRIPTION

REFERENCE/DIRECT ANSWER

OMISSIONS

STRATEGY AND ANALYSIS

G4-1

Statement from the most senior decision-maker of the organisation (such as CEO, chair, or equivalent senior position) about the relevance of sustainability to the organisation and the organisation’s strategy for addressing sustainability.

1.1 Message from the CEO

No

ORGANISATIONAL PROFILE

G4-2

Description of key impacts, risks, and opportunities.

4.6 Risk Management

No

G4-3

Name of the organisation

1.2 About SBM Offshore and Global Presence

No

G4-4

Primary brands, products, and services.

1.2 About SBM Offshore and Global Presence
1.4 Activities and Markets

No

G4-5

Location of the organisation’s headquarters.

1.2 About SBM Offshore and Global Presence

No

G4-6

Number of countries where the organisation operates, and names of countries where either the organisation has significant operations or that are specifically relevant to the sustainability topics covered in the report.

1.2 About SBM Offshore and Global Presence

No

G4-7

Nature of ownership and legal form.

4.5.1 Corporate Governance Structure

No

G4-8

Markets served (including geographic breakdown, sectors served, and types of customers and beneficiaries).

1.2 About SBM Offshore and Global Presence
1.4 Activities and Markets
1.5 Competitive Landscape and Market Positioning

3.1 Operations and Lease Fleet

6.3.3 Geographical Information and Reliance on Major Customers

No

G4-9

Scale of the organisation.

1.7 2015 in Brief and Key Figures

3.1 Operations and Lease Fleet

No

G4-10

a. Total number of employees by employment contract and gender;

b. Total number of permanent employees by employment type and gender;

c. Total workforce by employees and supervised workers by gender;
d. Total workforce by region and gender;
e. Whether a substantial portion of the organisation’s work is performed by workers who are legally recognized as self-employed, or by individuals other than employees or supervised workers, including employees and supervised employees of contractors;

f. Any significant variations in employment numbers (such as seasonal variations in employment in the tourism or agricultural industries)

a-e. 7.2.3 Human Resources

7.1.7 Human Resources Reporting

No


f. Is not applicable considering the industry SBM Offshore operates in.

G4-11

Percentage of total employees covered by collective bargaining agreements.

7.2.3 Human Resources

No

G4-12

Description of supply chain.

1.5 Competitive Landscape and Market Positioning
1.6 Position within the Value Chain

No

G4-13

Any significant changes during the reporting period regarding size, structure, ownership, or supply chain

1.2 About SBM Offshore and Global Presence

3.1 Operations and Lease Fleet

6.1.2 Financial Review

No

Commitments to external initiatives

G4-14

Whether and how the precautionary approach or principle is addressed by the organisation.

4.7.1 SBM Offshore’s Compliance Objectives Code of Conduct

4.6.3 Significant Risks facing the Business

Compliance risks, Climate change,
Operation risks, HSSE

No

G4-15

Externally developed economic, environmental, and social charters, principles, or other initiatives to which the organisation subscribes or which it endorses.

4 Governance
4.7.3 Compliance Program and Organization
Company Code of Conduct refers to adherence to UN Declaration of Human Rights, OECD Guidelines for Multinational Enterprises and ILO Conventions (Code of Conduct)
4.10 Compliance Table
The Compliance Table provides for an overview of management systems in the Execution Centres and Shorebases like ISO 9001 and 14001, OHSAS 18001 and Social Accountability. The management systems are further explained in 4.9 Group Management Systems.

7.1 Scope of Sustainability Information
Reference is made to the IOGP for incidents classifications and CO2 emissions reporting although SBM Offshore is not a member of the IOGP.

No

G4-16

List memberships in associations (such as industry associations) and national or international advocacy organisations in which the organisation:

  1. Holds a position on the governance body;
  2. Participates in projects or committees;
  3. Provides substantive funding beyond routine membership dues; or
  4. Views membership as strategic. This refers primarily to memberships maintained at the organisational level.

SBM Offshore is not active on any FPSO related associations, as no FPSO specific association have been created. SBM Offshore has regular membership with institutes associated to our business, however they do not meet the criteria defined for GRI G4-16.

No

IDENTIFIED MATERIAL ASPECTS AND BOUNDARIES

G4-17

a. All entities included in the organisation’s consolidated financial statement or equivalent documents.

b. Whether any entity included in the organisation’s consolidated financial statements or equivalent documents is not covered by the report. The organisation can report on this Standard Disclosure by referencing the information in publicly available consolidated financial statements or equivalent documents.

6.3.30 List of Group Companies
6.3.31 Interest in Joint Ventures and Associates

7.1.3 Reporting Boundaries

No

G4-18

a. The process for defining report content and the Aspect Boundaries;
b. Explain how the organisation has implemented the Reporting Principles for Defining Report Content.

2 Value Proposition & Strategy
2.2.1 Stakeholder Engagement

2.2.2 Materiality

7.1 Scope of Sustainability Information

Code of Conduct

No

G4-19

All the material Aspects identified in the process for defining reporting content.

2 Value Proposition & Strategy
2.2.2 Materiality

No

G4-20

For each material Aspect, report the Aspect Boundary within the organisation.

7.1 Scope of Sustainability Information

No

G4-21

For each material Aspect, report the Aspect Boundary outside the orgnisation.

3.4.5 Social Performance

SBM Offshore measures its social economic impact of its operations in Brazil
7.1.3 Reporting Boundaries

7.1.5 Health, Safety and Security Reporting , SBM Offshore also reports on the HSSE performance of our contractors and sub contractors

No

G4-22

The effect of any restatements of information provided in previous reports, and the reasons for such re-statements.

Two restatement related to performance indicators:

7.2.1 Health, Safety & Security, 7.1.5 Health, Safety and Security Reporting

7.2.2 Environment, 7.1.6 Environmental and Process Safety Reporting

No

G4-23

Significant changes from previous reporting periods in the Scope and Aspect Boundaries.

SBM Offshore has expanded reporting for onshore emissions, see 7.2.2 Environment

No

STAKEHOLDER ENGAGEMENT

G4-24

List of stakeholder groups engaged by the organisation.

2.2.1 Stakeholder Engagement

No

G4-25

Basis for identification and selection of stakeholders with whom to engage.

2.2.1 Stakeholder Engagement

No

G4-26

a. Report the organisation’s approach to stakeholder engagement, including frequency of engagement by type and by stakeholder group, and an indication of whether any of the engagement was undertaken specifically as part of the report preparation process.

2.2.1 Stakeholder Engagement


No

G4-27

a. Report key topics and concerns that have been raised through stakeholder engagement, and how the organisation has responded to those key topics and concerns, including through its reporting. Report the stakeholder groups that raised each of the key topics and concerns.

2.2.1 Stakeholder Engagement
2.7 Value Driver: Sustainability
2.2.2 Materiality

No

REPORT PROFILE

G4-28

a. Reporting period (e.g. fiscal/calendar year) for information provided.

7.1.3 Reporting Boundaries

No

G4-29

a. Date of most recent previous report (if any).

3 March 2015

No

G4-30

a. Reporting cycle (annual, biennial).

Annual

No

G4-31

a. Provide the contact point for questions regarding the report or its contents.



No

GRI Content Index

G4-32

a. Report the ‘in accordance’ option the organisation has chosen.
b. Report the GRI Content Index for the chosen option (see tables below).
c. Report the reference to the External Assurance Report, if the report has been externally assured. GRI recommends the use of external assurance but it is not a requirement to be ‘in accordance’ with the Guidelines.

a. 7.1 Scope of Sustainability Information

b. GRI Content index used
c. 7.4 Independent Assurance Report

No

Assurance

G4-33

a. Report the organisation’s policy and current practice with regard to seeking external assurance for the report.

b. If not included in the assurance report accompanying the sustainability report, report the scope and basis of any external assurance provided.

c. Report the relationship between the organisation and the assurance providers.

d. Report whether the highest governance body or senior executives are involved in seeking assurance for the organisation’s sustainability report.

7.2 Performance Indicators
7.1 Scope of Sustainability Information
7.4 Independent Assurance Report

No

GOVERNANCE

Governance structure and composition

G4-34

a. Report the governance structure of the organisation, including committees of the highest governance body. Identify any committees responsible for decision-making on economic, environmental and social impacts.

4.3 Report of the Supervisory Board
4.4.1 Management Board Remuneration Policy
4.3 Report of the Supervisory Board
The Supervisory Board Technical & Commercial Committee (TCC)
The TCC reviews the Health, Safety, Security and Environmental performance of SBM Offshore which includes Social Performance as per the HSSE & SP Policy.
4.5.1 Corporate Governance Structure

No

ETHICS AND INTEGRITY

G4-56

a. Describe the organisation’s values, principles, standards and norms of behaviour such as codes of conducts and codes of ethics.

1.3 Vision and Values
2.2 How Value is Created
4.7 Compliance
Company Code of Conduct refers to adherence to UN Declaration of Human Rights, OECD Guidelines for Multinational Enterprises and ILO Conventions (Code of Conduct)

No

G4-57

a. Report the internal and external mechanisms for seeking advice on ethical and lawful behaviour, and matters related to organisational integrity, such as helplines or advice lines.

4.7 Compliance
Further details can be found in the ‘Integrity Reporting Policy’

Not applicable

G4-58

a. Report the internal and external mechanisms for reporting concerns about unlawful or unethical behaviour, and matters related to organisational integrity, such as escalation through line management, whistleblowing mechanisms or hotlines.

4.7 Compliance
Further details can be found in the ‘Integrity Reporting Policy’

Not applicable

CATEGORY: ECONOMIC

DISCLOSURES ON MANAGEMENT APPROACH (DMA)

Aspect:
Economic Performance

G4-Disclosure on Management Approach (DMA)

7.1.2 Disclosures on Management Approach

No

Aspect: Economic Performance

G4-EC1

Direct economic value generated and distributed:

  • revenues
  • operating costs
  • employee wages and benefits
  • payments to providers of capital
  • payments to governments
  • community investments

No

Technology

Technology is measured on the quantity and quality of new designs and proprietary components delivered.

  • Number of new systems and components to be delivered during the year
  • Percentage of turnover enabled by new technology

New targets, we aim to include these results in 2016.

Omission

CATEGORY: ENVIRONMENTAL

DISCLOSURES ON MANAGEMENT APPROACH (DMA)

Aspect:
Compliance Environmental

G4-Disclosure on Management Approach (DMA)

7.1.2 Disclosures on Management Approach

No

Aspect:
Energy
Emissions & Effluents

G4-Disclosure on Management Approach (DMA)

7.1.2 Disclosures on Management Approach

No

Aspect: Energy

G4-EN3

Energy consumption within the organisation

7.2.2 Environment

No

G4-EN5

Energy intensity

3.4.3 Environment
7.2.2 Environment

SBM Offshore reports on its energy intensity in as per the GRI 4 Sector Disclosure for Oil and Gas.

No

Aspect: Emissions

G4-EN15

Direct greenhouse gas (GHG) emissions (scope 1)

3.4.3 Environment
7.1 Scope of Sustainability Information

7.2.2 Environment

Absolute reduction targets are not applicable to SBM Offshore therefore base year not deemed relevant.

No

G4-EN16

Energy indirect greenhouse gas (GHG) emissions (scope 2)

3.4.3 Environment
7.1 Scope of Sustainability Information
7.2 Performance Indicators

7.2.2 Environment

No

G4-EN21

NOx, SOx, and other significant air emissions

7.1 Scope of Sustainability Information
7.2 Performance Indicators

7.2.2 Environment

No

Aspect: Effluents

G4-EN24

Total number and volume of significant spills

3.4.3 Environment
7.1 Scope of Sustainability Information
7.2 Performance Indicators

7.2.2 Environment

No spills recorded by SBM Offshore in 2015 are considered to be ‘significant spills’ according to the GRI Sector Disclosure Guidelines for Oil and Gas.

No

G4-OG5

Volume and Disposal of formation or produced water

7.2 Performance Indicators

7.2.2 Environment
SBM Offshore reports on tonnes of oil in produced water in million tonnes of hydrocarbon production. This standard is a more appropriate way of reporting for the offshore industry.

No

G4-OG6

Volume of flared and vented hydrocarbon

7.2 Performance Indicators

7.2.2 Environment
SBM Offshore reports on the volume of gas flared. SBM Offshore does not measure the volume of vented hydrocarbons therefore this information is not available.

No

CATEGORY: SOCIAL

DISCLOSURES ON MANAGEMENT APPROACH (DMA)

Aspect:
Labour practices and decent work:

  • Employment
  • Diversity
  • Training and Education
  • Occupational Health and Safety

G4-Disclosure on Management Approach (DMA)

7.1.2 Disclosures on Management Approach

No

Aspect:
Human Rights:

  • Investment
  • Assessment

G4-Disclosure on Management Approach (DMA)

7.1.2 Disclosures on Management Approach

No

Human Rights:

SBM Offshore measures the % of the employee population covered by collective bargaining agreements.

7.2.3 Human Resources

No

Aspect:
Society:
Local
Communities

G4-Disclosure on Management Approach (DMA)

7.1.2 Disclosures on Management Approach

No

Local Communities

Number of different nationalities and percentage of each nationalities employed by SBM Offshore

Data on nationalities was not available in 2015. SBM Offshore aims to include this indicator in 2016.

Omission

Aspect: Employment

G4-LA1

Total number and rates of new employee hires and employee turnover by age group, gender, and region

3.3 Talented people

7.2 Performance Indicators

7.2.3 Human Resources

No

Aspect: Occupational Health and Safety

G4-LA6

Type of injury and rates of injury, occupational diseases, lost days, and absenteeism, and total number of work-related fatalities, by region and by gender

7.2.3 Human Resources
Absenteeism was not disclosed in 2015 as the information was not available. SBM Offshore aims to include this indicator in 2016.

Omission on absenteeism

Aspect: Training and Education & Attract and Retain Talent

G4-LA9

Average hours of training per year per employee by gender, and by employee category

7.2.3 Human Resources

No

G4-LA11

Percentage of employees receiving regular performance and career development reviews, by gender and by employee category

7.2.3 Human Resources

No

Aspect: Anti-Corruption

Aspect:
Society:

Anti-Corruption

Compliance

G4-Disclosure on Management Approach (DMA)

7.1.2 Disclosures on Management Approach

No

G4-SO4

Communication and training on anti-corruption policies and procedures

4.7 Compliance

7.2.3 Human Resources

No

G4-SO5

Confirmed incidents of corruption and actions taken

There were no confirmed incidents of corruption in 2015, however during 2015 actions were taken related to previously reported incidents.

No

Aspect: Compliance

G4-SO8

Monetary value of significant fines and total number of non-monetary sanctions for noncompliance with laws and regulations

SBM Offshore did not have any significant monetary fines or non-monetary sanctions for 2015. See 4.7.6 Investigation in Brazil further details.

No

Sector Specific Aspect: Asset Integrity and Process Safety

Aspect:
Asset integrity and process safety

G4-Disclosure on Management Approach (DMA)

7.1.2 Disclosures on Management Approach

No

G4-OG13

Number of process safety events, by business activity

7.2.1 Health, Safety & Security

No