Applicable GRI Sector Standard(s)

GRI Sector Standard used

GRI 11: Oil and Gas sector 2021

2-1

Organizational details

SBM Offshore N.V, 1.2.1, 5.5, 5.6, 6.2

2-2

Entities included in the organization's sustainability reporting

4.3.2, 5.1.5, 5.2

2-3

Reporting period, frequency and contact point

Calendar year 2022, 6.2

2-4

Restatements of information

5.1, 5.2

2-5

External assurance

3.2.7, 5.6

2-6

Activities, value chain and other business relationships

1.2.1, 2.1.4

2-7

Employees

2.1.5, 5.2.4, 5.3.3

2-8

Workers who are not employees

5.2.4, 5.3.3

2-9

Governance structure and composition

3.2, 3.3

2-10

Nomination and selection of the highest governance body

3.2.2, 3.2.3, 3.3

2-11

Chair of the highest governance body

3.3

2-12

Role of the highest governance body in overseeing the management of impacts

3.2

2-13

Delegation of responsibility for managing impacts

2.1.1, 2.1.2, 2.1.3, 2.1.4, 2.1.5, 2.1.6, 2.1.7, 2.1.8, 2.1.9, 2.1.10, 2.1.11, 3.2.1, 3.2.2

2-14

Role of the highest governance body in sustainability reporting

3.3

2-15

Conflicts of interest

3.2.9

2-16

Communication of critical concerns

3.6

2-17

Collective knowledge of the highest governance body

3.3

2-18

Evaluation of the performance of the highest governance body

3.3

2-19

Remuneration policies

3.3

2-20

Process to determine remuneration

3.3

2-21

Annual total compensation ratio

3.4

2-22

Statement on sustainable development strategy

1.1.1

2-23

Policy commitments

2.1.1, 2.1.2, 2.1.3, 2.1.4, 2.2, 3.7

2-24

Embedding policy commitments

2.1.2, 2.1.3

2-25

Processes to remediate negative impacts

2.1.1, 2.1.2, 2.1.3, 3.2.9

2-26

Mechanisms for seeking advice and raising concerns

2.1.1, 2.1.2, 2.1.3, 3.2.9

2-27

Compliance with laws and regulations

2.1.4.1, 5.2.5

2-28

Membership associations

2.1.1, 2.1.3

2-29

Approach to stakeholder engagement

1.2.2, 5.1.2

2-30

Collective bargaining agreements

1.1.3, 5.2.4, 5.3.3

205-3

Confirmed incidents of corruption and actions taken

1.1.3, 2.1.1

11.20.4

205-3

Additional sector disclosures

3.5

11.20.6

3-3

Management of material topics

1.2.2, 1.4.1, 2.1.2

403-1

Occupational health and safety management system

2.1.2, 3.8.1, 5.2.1, 5.2.3

11.9.2

403-2

Hazard identification, risk assessment, and incident investigation

2.1.2, 5.2.1, 5.2.3

11.9.3

403-3

Occupational health services

2.1.2, 5.2.1,

11.9.4

403-4

Worker participation, consultation, and communication on occupational health and safety

5.2.1,5.2.2, 5.2.3

11.9.5

403-5

Worker training on occupational health and safety

5.2.1

11.9.6

403-6

Promotion of worker health

2.1.2, 2.1.5, 2.2, 5.2.1

11.9.7

403-7

Prevention and mitigation of occupational health and safety impacts directly linked by business relationships

2.1.2, 5.2.1

11.9.8

403-8

Workers covered by an occupational health and safety management system

2.1.2, 5.2.1, 5.3.1

11.9.9

403-9

Work-related injuries

2.1.2, 5.2.1, 5.3.1

11.9.10

3-3

Management of material topics

1.2.2, 1.4.1, 2.1.3

409-1

Operations and suppliers at significant risk for incidents of forced or compulsory labor

2.1.3

11.12.2

414-1

New suppliers that were screened using social criteria

2.1.3, 2.1.4.3

11.10.8, 11.12.3

414-2

Negative social impacts in the supply chain and actions taken

2.1.3, 2.1.4.3

11.10.9

Own indicator

% e-Learning completion

2.1.1, 2.1.3, 5.1.2

3-3

Management of material topics

1.2.2, 1.4.1, 2.1.4

306-3

Significant spills

2.1.4.4, 4.3.1, 5.3.2

11.8.2

306-3a

Additional sector disclosures

2.1.2

11.8.3

Own indicator

% Uptime

1.1.3, 1.3.3, 2.1.4, 5.1.2

Own indicator

Certifications (as noted in the Certification and Classification tables)

2.1.4, 5.1.2

3-3

Management of material topics

1.2.2, 1.4.1, 2.1.5

401-1

New employee hires and employee turnover

2.1.5, 5.3.3

11.10.2

404-1

Average hours of training per year per employee

2.1.1, 2.1.3, 2.1.5

11.10.6, 11.11.4

404-2

Programs for upgrading employee skills and transition assistance programs

1.1.3, 2.1.3
Re. 404-2b, SBM Offshore makes efforts to support people as part of any exit procedure, which differ per country. An example of a global transition can be read here

11.10.7

404-3

Percentage of employees receiving regular performance and career development reviews

1.1.3, 2.1.5, 5.2.4, 5.3.3

405-1

Diversity of governance bodies and employees

3.1, 5.3.3

11.11.5

405-2

Ratio of basic salary and remuneration of women to men

2.1.5, 5.3.3

11.11.6

407-1

Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk

Item not a salient-issue following due diligence. For more information on collective bargaining and salient issues: 2.1.3, 5.2.4

11.13.2

3-3

Management of material topics

1.2.2, 1.4.1, 2.1.6

201-1

Direct economic value generated and distributed

2.1.6

11.14.2

201-2

Financial implications and other risks and opportunities due to climate change

1.4.2, 1.4.3

11.2.2

201-3

Defined benefit plan obligations and other retirement plans

4.3

203-2a

Significant indirect economic impacts

2.2

11.14.5

3-3

Management of material topics

1.2.2, 1.4.1, 2.1.7

305-1

Direct (scope 1) GHG emissions

2.1.7, 5.2.2, 5.3.2

11.1.5

305-2

Energy indirect (scope 2) GHG emissions

2.1.7, 5.2.2, 5.3.2

11.1.6

305-3

Other indirect (scope 3) GHG emissions

2.1.7, 5.2.2, 5.3.2

11.1.7

305-4

GHG emissions intensity

2.1.7

11.1.8

305-5

Reduction of GHG emissions

1.1.3, 1.3.3, 2.1.7, 2.1.9

11.2.3

Own indicator

Oil in water discharge to % below IOGP average

1.1.3, 2.1.7, 2.2, 5.1.2, 5.2.2

Own indicator

MMSCF/D Average flaring

1.1.3, 2.1.7, 2.2, 5.1.2

302-1

Energy consumption within the organization

1.2.1, 2.1.7, 5.2.2, 5.3.2, 5.3.4

11.1.2

302-2

Energy consumption outside of the organization

5.2.2

11.1.3

302-3

Energy intensity

2.1.7, 5.2.2, 5.3.2
Energy intensity in offices considered non-material due to focus on absolute volume targets and low relative volumes.

11.1.4

3-3

Management of material topics

1.2.2, 1.4.1, 2.1.8

Own indicator

% increase of data signals

1.1.3, 1.3.3, 2.1.8, 5.1.2

3-3

Management of material topics

1.2.2, 1.4.1, 2.1.9

Own indicator

# of Technology Readiness Level (TRL) qualifications

1.1.3, 2.1.9, 5.1.2

Own indicator

# of innovations reached TRL 4 (market readiness)

1.1.3, 1.3.3, 2.1.9, 5.1.2

3-3

Management of material topics

1.2.2, 1.4.1, 2.1.10

Own indicator

% of EU Taxonomy eligible R&D

1.1.3, 1.3.3, 2.1.10, 5.1.2

Own indicator

FOW project progress

1.1.3

Own indicator

FOW Joint venture established

1.1.3

3-3

Management of material topics

1.2.2, 1.4.1, 2.1.11

Own indicator

# of FPSO Projects under construction

1.1.3, 2.1.11, 5.1.2

Own indicator

# of assets in the fleet

1.1.3, 2.1.11, 5.1.2

Own indicator

Percentile S&P Global ESG rating

1.1.3, 1.3.3, 2.1.11, 2.2, 5.1.2

Own indicator

Directional pro-forma backlog in US$ billion

1.1.3, 5.1.2

GRI 11 − 11.5 Waste

Information can be found in the following sections: 2.1.7, 2.2. Waste management on downstream leased assets are under the responsibility of clients of SBM Offshore.

GRI 11 − 11.6 Water and effluents

The topic is addressed and managed in Environmental Impact Assessment by clients of SBM Offshore. Further information can be found in the following section: 2.1.7.

GRI 11 − 11.7 Closure and rehabilitation

The topic is addressed as part of SBM Offshore's approach to asset decomissioning. Further information from current decommissionings can be found in section: 2.1.4.4.

GRI 11 − 11.15 Local communities

The topic is addressed and managed in Stakeholder Engagement by clients of SBM Offshore. Further information can be found in the following section: 2.2.

GRI 11 − 11.16 Land and resource rights

The topic is addressed and managed in Stakeholder Engagement by clients of SBM Offshore and associated permitting processes.

GRI 11 − 11.17 Rights of Indigenous Peoples

The topic is addressed and managed in Stakeholder Engagement by clients of SBM Offshore.

GRI 11 − 11.18 Conflict and security

SBM Offshore does not conduct business in (major) war conflict areas

GRI 11 − 11.21 Payments to governments

The topic is addressed in SBM Offshore's approach to ethics and compliance (see Material Topics) and embedded in the Code of Conduct and Anti-Bribery and Corruption Policy.

GRI 11 − 11.22 Public policy

The topic is addressed in SBM Offshore's approach to ethics and compliance (see Material Topics) and embedded in the Code of Conduct and Anti-Bribery and Corruption Policy.