Reflecting the impacts our operations have on economic, environmental and social factors.
Sustainability within REACH
We strive to be an industry-leading operator within sustainability, and our goal is to have zero harm to personnel, environment and equipment.
We’re always striving to improve our ethical business practices and personal conduct, to read more, please download our Code of Conduct here:
To get a complete overview of our Sustainability goals, please download our Sustainability Reports here:
129 FTE employees
Of which 14 % are women
(figures as per 31.12.2021)
Major environmental release
Zero major environmental release so far in our history!
CO2 reduced
11,1% CO2 reduced in 2021, based on CO2 released per vessel day sold
Our UN Sustainability Goals
Promote use of local suppliers and employees where possible with focus on sustainability in supply chain
Transparent reporting to the government in all locations we operate
Provide our employees with decent salary to ensure means to secure food security.
Health and safety measures for all personnel involved in our operations
HSEQ campaigns with focus on health and well-being
Online training portal with courses for employees
Local training programmes in Norway and Trinidad & Tobago
Contribute to engineering studies
Equal opportunities for all
Board of Directors consists of 40 % women
Group Management consists of 25 % women
Focus on water reduction measurements both at the office and on vessels
Focus on future transition to renewable segments
Reducing emissions by hiring vessels with lower emissions.
Installment of battery packs.
Provide quality in everything we do
Focus on health and safety measures
Provide trainee programs in several locations
Good working conditions
Contribute to engineering studies.
Sustainability is a key factor in innovation.
Encourage innovation by hiring in emission friendly vessels.
Equal opportunities for all personnel
Promote use of local suppliers and employees where possible, with focus on sustainability in supply chain
Sustainability in the supply chain
Future transition to renewable segments
Focus on lower CO2- emissions when hiring vessels
Choose degradeable hydraulic oils in ROV systems
Choose environmentally friendly chemicals
Future transition to renewable segments
Focus on lower CO2- emissions when hiring vessels
Choose degradeable hydraulic oils in ROV systems
Choose environmentally friendly chemicals
0 major spills
Choose degradeable hydraulic oils in ROV systems
Focus on degradeable options for subsea equipment
Marine mammal preservation programmes
Sustainability in supply chain
No-print culture to reduce use of paper
Waste management
Company Social Responsibility Policy
Anti bribery Policy
Code of Conduct
Contribute in making an industry standard for reporting
Reach Subsea operates in accordance with the following industry HSEQ standards:
Achilles JQS Supplier ID: 29193
Achilles FPAL Supplier ID: 10054069
Achilles Sellicha Supplier ID: 116519
ISO-9001-, 14001- and 45001 certificates
Employees
We believe our employees are the cornerstone of our business. We are committed to performing safe operations, with the health and safety of our people as our utmost priority. Reach Subsea has implemented a Quality Management System, including a set of rules and procedures to secure the safety of the people who work for us.
We operate within industry HSEQ- standards and are certified according to ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018. The HSEQ-Manual has implemented the work environmental management system. Everyone involved in our operations is responsible for carrying out their work in accordance with the Manual in a manner that will not harm health or safety, and perform good quality work according to the customer’s requirements . The CEO is responsible for ensuring implementation of the overall HSE- and Quality policy.
Environment
The world is facing a global energy revolution. Achieving the ambitions in the Paris Agreement requires a 45 % reduction of greenhouse gas emissions within 2030. At the same time, the world population and demand for energy is growing each year. Reducing emissions and maintaining growing and reliable energy production levels are global challenges and will require transition to renewable energy sources.
We already see signs of the green shift with increased demand for sustainable- and environmentally friendly solutions in the market. In order to maintain our position as an attractive business partner, we need to meet the stakeholder’s expectations when it comes to our environmental impacts.
The Board of Directors and Group Management frequently discuss climate-related issues, such as risks and opportunities that may arise from climate change and our strategic response to these. Risks and opportunities are identified by identifying and assessing changes in regulations, technological advances, as well as trends in market- and customer demands.
Reducing our emissions
Our goal is to have zero impact to the environment. As with all companies within the offshore industry, CO2 emissions from fuel oil consumption is our most significant environmental impact.
Responsible business
We believe that sustainability and long-term profitability go hand in hand. By continuing to focus on sustainable solutions we minimize risk, increase transparency and facilitate more efficient use of our resources – increasing our value and competitiveness.
In turn, profitability and financial strength help securing Reach Subsea as a reliable employer, providing workers with a secure and meaningful place to work.
We aim to be an attractive and professional subsea operator by maintaining high ethical standards, defined by our Code of Conduct. We promote transparency by following international legislations and requirements and contribute to anti-corruption and fraud-prevention by implementation of routines for selecting suppliers.
Key targets
Our Key Sustainability targets are defined and presented in the Sustainability Report. Further, sustainability reporting includes monthly update to the Management and Board and a status update in quarterly reports.
Developing our employees
The competence and capabilities within our workforce are key in ensuring our future sustainability. We work constantly to secure Reach Subsea as an attractive workplace to be able to attract and retain the right people.
Would like to talk to us about sustainability?
We would like to have you aboard. If you have any questions, please feel free to contact CFO Birgitte Wendelbo Johansen.