Human rights

Petrofac’s Ethical, Social and Regulatory Policy prevents us from engaging in any business activities that could implicate the Company – either directly or indirectly – in the abuse of human rights or the breach of internationally recognised labour standards.

We respect human rights as set out in the United Nations’ Universal Declaration of Human Rights, as well as the core conventions of the International Labour Organization. We also support the United Nations’ Guiding Principles on Business and Human Rights.

Our human rights protections are covered in our policies and standards, such as our Code of Conduct, Social Performance Framework and HR policies, as well as our policy statement on child labour.

UK Modern Slavery Act

Read our Modern Slavery Act Statement from 2016 here

A focus for 2016 was to take steps to combat modern slavery and human trafficking within our own business and our supply chains, in accordance with the requirements of the UK Modern Slavery Act.

We established a steering group of relevant heads of department, which reports directly to our Executive Committee and Board of Directors. This group oversaw an extensive programme of labour rights due diligence, consisting of:

  • A detailed review of our human rights policy framework to identify potential gaps
  • Due diligence among a sample of key suppliers and subcontractors (accounting for US$2.9bn of subcontracts in our Engineering & Construction division, and over 50% of our spending through our top 50 global suppliers and vendors)
  • A review of our own recruitment practices, particularly where these relate to lower skilled workers
  • A high level risk assessment to identify areas where there is a potential exposure to risks of modern slavery and human trafficking, and to prioritise these areas for future attention

Based on the findings, we concluded that our main risk exposure is the employment of low-skilled migrant workers from ‘high risk’ countries. These risks are particularly prevalent in our Engineering & Construction division and on projects located in the MENA region.

During 2017, we will develop a Labour Rights Standard for roll-out across the Group and our supply chain. In compliance with the UK Modern Slavery Act, we will report on this and other actions we are taking in our annual transparency statement.

Modern Slavery Act

Read our Modern Slavery Act Statement for 2016