Sustainability is embedded within the company with a community of employees promoting sustainability principles. At management level, theis responsible for the sustainability strategy with implementation under responsibility of and Group Executives functions.
External Recognition for Sustainability at SBM Offshore
Dow Jones Sustainability World Index
For the sixth consecutive year, the Company has been selected to be part of the Dow Jones Sustainability Index (DJSI), setting a high sustainability benchmark for investor portfolios. The inclusion in theWorld index recognizes the Company’s commitment to corporate sustainability leadership in the Oil Equipment and Services sector. SBM Offshore take pride in being one of the top performing companies selected to be part of this year’s index.
Carbon Disclosure Project
The Company has participated in the, formally Carbon Disclosure Project for the Benelux since 2008. The Climate Change Program assesses the quality and depth of a company’s response to the annual questionnaire for its internal management of data related to GreenHouse Gases (GHG) emissions and its understanding of the business-related issues that climate change presents. In 2015, 822 investors with over US$ 95 trillion in assets backed ’s climate change information request.
The ‘Transparantie Benchmark’ is an initiative launched in 2004 by the Dutch Ministry of Economic Affairs, to annually assess the content and quality of corporate social responsibility reports of Dutch companies. In 2015 SBM Offshore received a score of 167 out of a possible 200 (97: 2014) moving the company up the bench mark to 37th position (124: 2014). This increase in position of 87 places represents a great increase in position in terms of SBM Offshore’s past performance.
SBM Offshore is pleased to announce its inclusion into the Euronext Vigeo Benelux 20 index in December 2015. This index represents the 20 most advanced companies in the Benelux region in terms of Environmental, Social and Governance performances. The index components are reviewed every six months in June and December. Companies included in this index have achieved the highest scores, as determined by the review of up to 330 indicators, assessed by Vigeo within 38 sustainability drivers.