Sustainable development

We recognise issues such as climate change, energy consumption, increasing environmental regulation, and resource scarcity will increasingly impact on our operations. We therefore want to ensure sustainability is fully integrated into the business and remains core to our strategy for long-term value creation.

Responding to the sustainable development goals (SDGs)

SDG 7 - Our contribution to affordable and clean energy

Recognising the importance of energy for sustainable development, SDG 7 focuses on access, efficiency, renewables and means of implementation. For our part, we are developing an energy transition strategy that supports clients’ lower carbon ambitions. We are targeting more opportunities in renewable energy infrastructure, particularly in offshore wind, and are working across our projects to improve energy efficiency.

SDG 8 – Our contribution to decent work and economic growth

Wherever we operate, we are committed to creating shared value. We have embedded in-country value (ICV) programmes across many of our projects, maximising our support of local supply chains, employing local people and stimulating local economies. Our sustainability programmes support improved worker welfare, protect labour rights, and promote safe and secure working environments for all workers.

SDG 12 – Our contribution to responsible consumption and producton

Efficient use of natural resources is one of the most critical and complex issues facing humanity today. To address this challenge, we are: progressively integrating circularity and greater resource efficiency into our projects; achieving environmentally sound management of our chemicals and waste throughout their life cycle; and reducing our waste generation through prevention, reduction, recycling and reuse.

SDG 13 – Our contribution to climate action

Mitigating climate change and its impacts will require building on the momentum achieved by the Paris Agreement. We are on target to achieve our goal of reducing our greenhouse gas (GHG) emission intensity by 20% between 2015 and 2030. We continue to challenge ourselves to further reduce our carbon footprint, and are developing a comprehensive carbon management plan that will support our compliance with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations and our lower carbon ambitions.

 


 

To achieve sustained commercial success, it is essential for Petrofac to have a strong commitment to corporate responsibility (CR).

As the world shifts to cleaner and more diverse sources of energy, we remain acutely aware of the need to operate sustainably in everything we do. We also believe we have an important role to play in supporting our clients through the transition.

 

Ayman Asfari, Group Chief Executive

 

Ayman Asfari, Group Chief Executive provides an update on our sustainability journey

Our people

Our people are the key to our distinctive delivery-focused culture