2.12Human Rights

SBM Offshore is committed to respecting internationally-recognized human rights standards. These fundamental rights contribute to the general well-being of the communities in which SBM Offshore operates. The Company can potentially have an impact on local communities in countries where it executes long-term Lease and Operate contracts offshore, as well as through its supply chain and construction activities.

Management Approach

SBM Offshore’s Code of Conduct sets the Company’s standard with regards to human rights. In the development of the Code of Conduct, the Company referred to principles described in the:

  • Universal Declaration of Human Rights (UDHR)
  • United Nations Guiding Principles for Business and Human Rights (UNGP)
  • International Labor Organization core conventions related to human rights

The Company’s well-established values of Integrity, Care, Entrepreneurship and Ownership are reflected in SBM Offshore’s approach towards human rights. SBM Offshore’s global business operations cover a wide range of activities. Supported by its Code of Conduct and Supply Chain Charter, the Company works with the supply chain function to notify vendors within its supply chain of the Company’s expectations towards human rights, as well as the anti-corruption policy (available on the website: https://www.sbmoffshore.com/who-we-are/our-ethics/anti-corruption/).

2018 Performance

Key achievements

  • Supply Chain Charter signed (see section 2.11 ).
  • SBM Offshore joined Building Responsibly, a group of leading engineering and construction companies working together to raise the bar in promoting the rights and welfare of workers across the industry.
  • In 2018, SBM Offshore created a new position within the Sustainability Department to focus on human rights and to facilitate their development and integration within Company operations.
  • Human rights was the topic of a Life Day workshop, which helped increase the education and awareness on the topic of human rights across the Company.
  • Specific sub-target set related to the human rights and commitment to SDG 8: decent work and economic growth.

Future

SBM Offshore plans to further improve on its human rights commitments by developing a specific policy and program dedicated to upholding them. The Company intends to build on existing human rights processes and procedures and further embed human rights into its ways of working. It plans to support worker rights and the ten workers welfare principles from Building Responsibly.