Sustainability and ESG
We are committed to playing our part in delivering a sustainable energy sector. This extends well beyond the way we are helping clients reduce their emissions and progress their new energies’ ambitions.
On our sustainability subsection you will learn how are we integrating ESG into our business, from protecting the environment and addressing climate change, to putting an emphasis on health, safety, and wellbeing, of our people and everyone we work with.
"Our business model and our ESG agenda are completely aligned. We see the energy transition as a strategic opportunity, the creation of in-country value is central to our local delivery model, and our best-in-class delivery is characterised by uncompromising commitments to ethical behaviour, safety, employee wellbeing, diversity and inclusion."
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Our approach to sustainability and ESG
Our sustainability strategy is structured around Environment, Social, and Governance pillars, widely known as ESG. These are indivisible from what we do as a company, and we engage with representatives from various groups of stakeholders to understand what matters to them, and how we can align our ESG priorities to the material issues we identify.
Understanding what matters most to our stakeholders
We regularly engage with clients, suppliers, investors, NGOs, policymakers, employees, and our supply chain, to fully understand what matters most to them. As a result of these discussions, we identified material issues for our business and aligned our targets to them.
We aim to minimise our own environmental impact, while supporting our clients in achieving their lower carbon ambitions.
We aim to minimise our own environmental impact, while supporting our clients in achieving their lower carbon ambitions.
| Our material issues | Our targets |
|---|---|
| Tackling climate change (Net Zero) | Net Zero by 2030 (scope 1 and 2 emissions) |
| Climate resilience (energy transition) | |
| Biodiversity protection | |
| Circularity and waste management | Circular economy adopted by all sites |
| Water management |
We are promoting safe local delivery of our projects and services, drawing on ethical supply chains, building a diverse workforce, and helping to address the skills gaps that will support a just transition.
| Our material issues | Our targets |
|
Asset integrity and incident management |
Zero harm |
| Worker health, safety & wellbeing | |
| Employee attraction, development and retention | Enhancing diversity and inclusion |
| Diversity and inclusion | |
| ‘Just’ transition | Addressing climate risk and resilience |
| Human rights | Respecting human rights |
| In-country value | Optimising in-country value |
| Community engagement |
Health and safety – find out more
We are underpinning everything we do with clear, consistent standards of ethical behaviour, bound by rigorous compliance and governance.
| Our material issues | Our targets |
|
Ethical behaviour and compliance |
No regulatory non-compliance |
| Revenue transparency |
Move beyond compliance |
| Responsible governance | |
| Grievance management | All third parties screened for human rights |
ENVIRONMENTAL
0
Committed to Net Zero in Scope 1 and 2 emissions by 2030
SOCIAL
30%
Targeting 30% of women in senior roles by 2025
Governance
100%
Proportion of employees who completed an annual declaration confirming compliance with the Petrofac Code of Conduct
Energy transition
Taking responsibility for the future of energy
We are committed to being a net zero company by 2030 or sooner – and even as we work to decarbonise our own business, we’re helping other organisations and industries around the world to do the same.