ESG Report

In its Environmental, Social and Governance (ESG) Report, Prosafe will communicate to its stakeholders how the Company integrates environmental, social and governance factors into its business strategy, decisions and operations in order to ensure long-term sustainable development and profitability.

The Company will describe Prosafe’s ESG focus areas and results, focusing on how we respond to climate change, treat our people, and ensure responsible business conduct.

Prosafe complies with governmental laws and rules and regulations applicable to its business. The Company adheres to international recognised principles and guidelines such as the Universal Declaration of Human Rights, the key conventions of the International Labour Organisation, the OECD Guidelines for Multinational Enterprises and the principles of the United Nations Global Compact.

This report has been prepared based on the Corporate Social Responsibility (CSR) requirements of the Norwegian Accounting Act section 3-3c, the Norwegian Shipowners’ Association’s  guidelines for ESG reporting in Maritime Industries, UN Global Compact’s requirements for communication on progress, and the Norwegian Code of Practice for Corporate Governance.