Sustainability
Prosafe embeds sustainability into the core operations, reflecting our long-standing focus on responsible business practices. This is also embedded in our core values We Care, We Collaborate, and We are Ambitious.
We integrate environmental, social and governance (ESG) considerations into our strategy, daily operations and decision-making to ensure long-term value creation for our stakeholders and society, with. a clear understanding of both external impacts and the operational risks.
Our approach is founded on balancing economic performance with environmental stewardship and social responsibility. We comply with all applicable laws and regulations and operate in line with internationally recognised standards for responsible business conduct.
Please see below and the Sustainability section of our Annual Report for more information:
Policies, standards and governing documents
• Sustainability Policy
• Code of Conduct
• Human Rights Policy
• Diversity, Equity and Inclusion (DE&I) Policy
• Supply Chain Sustainability Due Diligence Framework
• Corporate Governance Principles and Core Values
Key principles and sign-ons
• United Nations Global Compact (since 2008)
• International Human Rights and Labour Standards
• OECD Guidelines for Multinational Enterprises
Human Rights
Prosafe commits to the highest standards of business ethics and comply with the Norwegian Transparency Act and the UK Modern Slavery Act, and Company policies and procedures. We act in accordance with internationally recognised human rights and labour standards, including the International Bill of Human Rights, the United Nations Guiding principles on Business and Human Rights, the ten principles of the UN Global Compact and the principles concerning fundamental rights set out in the International Labour Organisation’s Declaration on Fundamental Principles and Rights at Work.
Code of Conduct
Prosafe has adopted a Code of Conduct which all employees must observe at all times. This code is the cornerstone of our commitment to integrity. It provides guidance to actions and decisions, and reflects the mindset and attitude expected in Prosafe.
All employees are individually responsible for maintaining the highest standards of ethical behaviour. The core values and Code of Conduct support the sound judgment of each employee, thereby enabling employees to evaluate individual situations and to take the appropriate action.
Implementation of the core values and Code of Conduct has the highest priority and are amongst others introduced in employee induction programmes, discussed in dedicated workshops and elaborated on in internal publications. Violation of the Code of Conduct could result in disciplinary action, up to and including termination of employment.
Employees
Prosafe’s success depends upon the combined capabilities and contributions of the employees. Their motivation, knowledge and competence are fundamental to our development. We are committed to offering a safe and stimulating working environment where everyone is treated fairly and with respect. We aim to provide interesting and challenging jobs with scope and opportunities for personal and career development.
Diversity, equity and inclusion
We believe that strength lies in differences, not in similarities. Our diverse and talented workforce is one of the company’s most important competitive advantages in satisfying the requirements of our clients.
Prosafe is committed to promoting equity, ensure equal opportunities and rights and prevent discrimination on the basis of gender, pregnancy, leave in connection with childbirth or adoption, care responsibilities, ethnicity, religion, belief, disability, sexual orientation, gender identity, gender expression, age or other significant characteristics of a person. Our DE&I Policy applies to all employees, contractors and consultants in Prosafe.
Recruitment and compensation
Prosafe aims to be a preferred employer, attracting and retaining employees by offering challenging and motivating tasks, and by providing attractive working conditions and possibilities for personal development and career growth. All employees shall have a salary that is seen as fair, competitive and in accordance with industry standards. Only relevant qualifications such as education, experience, performance and other professional criteria shall be considered when appointing, settling remuneration and awarding promotion.
Employee development
To ensure a uniform high standard of operations and support the corporate identity, new employees are introduced to our history, operations, vision, core values and Code of Conduct. They are also offered the necessary training in health, safety and the environment related policies.
Annual appraisal dialogues are the main tool for employee development where the employees meet with line managers to review individual work performance and the achievement of personal objectives, giving and receiving feedback and setting objectives for the following year. This includes discussing individual development plans, career planning and training and development needs.
Prosafe’s talent management strategy and related activities include the development of a competency framework, review of recruitment and selection methods, as well as approaches to identify and assess those individuals within the organisation who have succession potential for more senior management positions.
Supply Chain
It is fundamental for Prosafe to ensure an efficient supply chain which is aligns with our commitment to sustainability, social responsibility and ethical practices. To uphold and embed these values, Prosafe has implemented a Supply Chain Management (sustainability) Due Diligence process. We actively engage our suppliers and business partners, encouraging them to internalise and reflect these values and practices. To this end, the Prosafe Approved Supplier Verification Questionnaire (ASVQ) is a pivotal tool, allowing us to assess and continuously monitor the sustainability practices of our partners. Regular audits are conducted of critical suppliers to ensure adherence to the standards.
Local communities
Prosafe has operations and offices in various countries. We have a social responsibility towards the local communities where we are represented and wish to contribute to their positive development. We cooperate closely with local employees, customers and government authorities. Our most important contribution to local communities is job creation, both directly and indirectly, which helps to enhance the local level of expertise