2011 Annual Report - SBM Offshore

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1.6 Corporate Management Systems & Compliance table The Company’s Group Management System (GMS) is based on the following internationally recognised standards: • Quality Management System Standard ISO, 9001:2008 • Environment Management System Standard, ISO 14001:2004 • Occupational Health and Safety Management System Standard, OHSAS 18001:2007 • SBM Offshore Social Accountability Manual (compatible with SA8000 Standard) • MARPOL Regulations 2002 • ISM/ISPS Codes (International Safety Management/International Ship and Port Facility Security) 1.6.1 Quality Management The GMS defines the Company’s management system and procedures. It is applied consistently in all the project execution centres. All centres have been audited by the American Bureau of Shipping (ABS) in 2009 and are compliant with ISO 9001:2008. The Company also intends to attain compliance with ISO 9001 for the operating unit SBM-Production Contractors (SBM-PC), which manages the fleet operations. 1.6.2 Environment The Company implements ISO 14001 and seeks accreditation voluntarily. Implementation started in Brazil in 2009, continued throughout 2010 and was completed for the rest of the Company’s operations in 2011, except for FPSO Kuito (audit forecasted for 2012). 1.6.3 Health, Safety and Security The Company’s offshore fleet management system complies with the International Safety Management (ISM) standard and the International Ship and Port Facility Security (ISPS) Code, which is a mandatory requirement. The Company voluntarily aims to ensure that its operations also comply with the Occupational Health and Safety Standard (OHSAS) 18001, which requires all shore bases and operating units to verify Health and Safety practises. In Brazil, accreditation was obtained for onshore operations offices in 2009 and by all FPSOs in 2010. This standard is currently being implemented on and offshore in Angola and in the rest of the world with accreditation set to be completed in 2012. 1.6.4 Employment Standards The Company endeavours to match the best employment standards for all employees, in line with its Code of Conduct and Social Accountability Manual. In most instances, these standards exceed international human rights and international labour guidelines. The Company does not tolerate child or forced labour and does not support or work with companies that sustain forced or compulsory labour, in compliance with the UN Universal Declaration of Human Rights, the ILO Conventions, the OECD Guidelines for multinational enterprises and its own Code of Conduct. This is a customized selection from the SBM Offshore N.V. Annual Report 2011 20
1.6.5 Social Accountability The Company is currently taking steps to ensure all SBM Offshore operations offices comply with its Social Accountability Manual Standard, which is based on SA8000 standards. The standard was implemented in Brazil during 2009 and in Equatorial Guinea and Malaysia in 2011. The Company’s aim to achieve compliance in Angola during 2011 was not achieved due to unforeseen delays. Certification is now scheduled for Angola operations offices during 2012. When the Company implemented SA8000 during 2006, Social Accountability International (SAI) informed the SA8000 Advisory Board that verification of the standard would not be allowed in Myanmar, until the International Labour Organisation (ILO) lifted its sanctions. Consequently, a decision was taken to continue the implementation using an in-house Social Accountability Manual, based on the SA8000 Framework, which also requires regular, transparent auditing of the Company’s suppliers and subcontractors in Myanmar. Following independent audit by Bureau Veritas, the social accountability certificate for Myanmar was issued in February 2010. This is a customized selection from the SBM Offshore N.V. Annual Report 2011 21
Page 2 and 3: Table of contents 1 Overview 1 1.1
Page 4 and 5: esource, through selected R&D, to m
Page 6 and 7: Business Model The Company generate
Page 8 and 9: 1.3 Snapshot 2011 (US$ mln.) 2011 2
Page 10 and 11: 1.4 Stakeholders Information 1.4.1
Page 12 and 13: 1.4.5 Investor Relations The Compan
Page 14 and 15: 1.5 Corporate Strategy 1.5.1 Introd
Page 16 and 17: 1.5.2 Vision, promises and values V
Page 18 and 19: The Company only enters partnership
Page 20 and 21: Supply Chain In line with its Code
Page 24 and 25: Status updates for the implementati
Page 26 and 27: This is a customized selection from
Page 28 and 29: organisation has been implemented w
Page 30 and 31: 3.1.6 Local Content Brazil In Brazi
Page 32 and 33: New contracts During 2011 the Compa
Page 34 and 35: 3.4 Product and Technology Developm
Page 36 and 37: time, and cost. 3.4.3 Offshore LNG
Page 38 and 39: Appointment of a Managing Director
Page 40 and 41: Loans or guarantees No loans or gua
Page 42 and 43: In case a binding proposal is made,
Page 44 and 45: 3.5.5 Shareholders Share capital At
Page 46 and 47: Dividend The Management Board is au
Page 48 and 49: former notary and presently a lawye
Page 52 and 53: Onshore Operations In addition to t
Page 54 and 55: voluntary basis in Brazil for Occup
Page 56 and 57: Permit-to-Work (Carros) Safety is a
Page 58 and 59: Although unhappy with the increases
Page 60 and 61: 2012. The primary emissions from th
Page 62 and 63: 3.8 Human Resources 3.8.1 Introduct
Page 64 and 65: The total headcount is based on all
Page 68 and 69: The Employee Share Ownership Plan,
Page 70 and 71: White Collar Staff Training is base
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3.9 Sustainable Initiatives 3.9.1 C
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3.9.2 Supply Chain in Focus SBM Off
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3.9.3 Local content In a number of
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Equatorial Guinea A very motivated
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the building process, an SBM team a
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This is a customized selection from
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5.1.2 Environmental Reporting Envir
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Total Production of Hydrocarbons Of
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HSS Accident Statistics for Dynamic
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Regional CO2 Emissions Values expre
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Permanent Part Time Employees Headc
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Women Men Equality % of Women in ma
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GRI Index Level C Vision and Strate
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LTIFR = (LTI x 200,000)/ EH Where:
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2011 Annual Report - SBM Offshore

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