ESG

Doing right by the planet, people and principles of governance.

DOWNLOAD OUR 2023 ESG REPORT

Our ESG approach

At Aquaterra Energy we are committed to conducting our operations responsibly. We proactively look for ways to minimise environmental impacts and ensure social responsibility and corporate governance relating to our employees, sites, clients, communities, and supply chain worldwide.

In developing our ESG strategies, we proactively seek to align our operations to the UN’s Sustainable Development Goals (SDGs) and industry best practices, seeking independent assessment and reporting of our provisions and performances to ensure that we remain on track to deliver our commitments.

Our guiding principles:

  • Transparent, best in class operations
  • A commitment to minimising our own impact on the environment
  • An innovation mindset to develop new technologies for our clients to create operational efficiencies and support their decarbonisation efforts
  • Continuous development of our people, supply chain and communities
  • Leave where we operate better than when we found it, by engaging with in-country suppliers to offer learning and employment opportunities

We aim to exemplify these principles throughout our activities, whether relating to environment, social or governance or – to use less formal nomenclature – our Planet, People and Principles of Governance (PPP) approach.

Though some may wonder how a business that has primarily operated in the oil and gas space might take an ESG-led approach, we reject any notion of contradiction. The energy transition is well underway, but as long as there is an oil and gas and offshore energy sector, it must operate as efficiently and respectfully toward the environment as possible.

By working with an independent third party, we have evaluated our operational carbon footprint and are proud to be in our third year of achieving carbon neutrality for all sites, globally. We remain committed to reaching Net Zero and have developed our own plan to help us further decarbonise our global operations.

“As we reflect on our achievements and look forward, Aquaterra Energy remains dedicated to driving sustainable innovation and maintaining our role in the global energy landscape. We are grateful for our team’s dedication and contributions throughout 2023, and together, we aim to continue progressing towards a sustainable future.”

George Morrison, CEO

“As the QSHE and Sustainability Director, reflecting on 2023 offers a lot for us to be proud of.  This year, at Aquaterra Energy, we again achieved some significant milestones in sustainability, operational excellence, and talent development showing year-on-year progress.”

Simon Hatson, QHSE and Sustainability Director

Our focus areas:

  • Planet

    We are committed to reducing our emissions annually and remain focused on our Net Zero goal. We actively support our clients in their decarbonisation efforts through the development of efficient engineering and project delivery solutions, advancing the energy transition with new technologies, and offering sustainable options within supply chains.

  • People

    We are a close-knit team who continually push boundaries to deliver excellence. Quite simply, our people are at the centre of everything we do, and we aim to be a business at the core of the communities we exist within. Our commitment is to do right by both groups.

  • Principles of governance

    Good governance of our operations is fundamental to our way of working. Through published and audited procedures, processes, and management systems, we seek to ensure that our operations and technical output are accountable, transparent, and ethical, in accordance with industry best practices.

In numbers

In 2023, we continued to make an impact on how we operate with planet, people and governance in mind. See some of our results here:

  • 100%

    of our waste was recycled

  • 11 tCO2

    saved in staff travel emissions from our electric vehicle salary sacrifice scheme

  • 5

    offshore CCS projects supported, out of 70 offshore energy projects

  • 11,000

    hours of training for our people

  • 113%

    increase in STEM activity

  • 87%

    reduction in the carbon intensity of our logistics due to the implementation of our Sustainable Logistics Policy

Download our 2023 ESG report

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