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Sustainability
Ethics and compliance
We attach great value to doing the right thing
In all communities in which we operate, SBM Offshore is committed to conducting its business honestly, ethically and lawfully.
All employees and those working for or on behalf of SBM Offshore must embrace and act in accordance with our core Values, Code of Conduct and our Anti-Bribery and Corruption Policy. We aim to maintain an open dialogue about what it means to do the right thing and foster a culture of trust and fairness, where dilemmas are openly addressed. Our aim is to enable our employees and business partners to make the right decisions, with commitment to integrity at all levels. In recognition of this commitment, we have implemented a comprehensive ethics and compliance program applicable for the entire group of companies. It is designed to prevent, detect and respond to compliance risks and promote an ethical culture, in line with our Core Values and Code of Conduct.
Code of Conduct
The Code of Conduct builds on our Core Values:
Integrity – Care – Collaboration – Ownership.
These are at the heart of SBM Offshore, driving our quality performance in a safe and compliant manner.
“The Code is designed to help making responsible choices”
The Code of Conduct, which is build on four pillars, goes beyond compliance with rules and gives examples of the behavior that can be expected of SBM Offshore’s employees and anyone acting on behalf of SBM Offshore.
Compliance Guide for third parties
To reinforce the message and engage our third parties in this journey with us, SBM Offshore prepared a Compliance Guide for Third Parties with an overview of best practices of our commitment to lead business responsibly. This guide is meant as complementary document to the Code of Conduct and company policies.
Important principles from our Code of Conduct
- Display exemplary behavior and embody our Core Values
- Understand the risks and how to manage them to stay safe, secure, healthy and compliant
- Seek clarification when things are not clear
- Take ownership when things aren’t right
- Accept no shortcuts, do not turn a blind eye
- Address dilemmas with transparency
- Speak up and report any suspected violations of the Code
Download our Code of Conduct
Code of Conduct (English)
Código de conduta (Portuguese)
行为准则 (Chinese)
Annex to the Code of Conduct, applicable for SBM Portugal (English)
Anexo ao Código de Conduta, aplicável à SBM Portugal (Portuguese)
The Code applies to all SBM Offshore’s board members, employees and contracted staff. Our business partners, (sub) contractors and suppliers are required and encouraged to act consistently with the Code of Conduct.
Preventing Bribery and Corruption
Bribery and corruption are a major hindrance to sustainable development.
SBM Offshore is committed to conducting business free from bribery and corruption in all its forms.
The Anti-Bribery and Corruption Policy is designed to help our employees and our business partners to understand the risk of bribery and corruption and how to avoid and prevent corrupt business practices in their day-to-day work.
Anti-Bribery and Corruption Policy
Anti Corruption Policy (English)
Anti Corruption Policy (Portuguese)
Plano de Prevenção de Riscos de Corrupção e Infrações Conexas (PPR), aplicável à SBM Portugal (Portuguese)
Interim Evaluation Report of the PPR – October 2024, applicable for SBM Portugal (English)
Relatório de Avaliação Intercalar do PPR – Outubro 2024, aplicável à SBM Portugal (Portuguese)
Speak Up – We Care
We act responsibly and ethically, so that the communities where we operate benefit from our presence and activities. Our reporting channels and our Speak Up Line enable us to care-fully listen to our employees and partners in our value chain about concerns related to potential violations against our Code of Conduct, our values, or the law; such as :
- Violation of our Health and Safety procedures;
- Harassment, including intimidation, discrimination or abuse, sexual, racial or otherwise;
- Acts or threats of physical violence;
- Actions which endanger the health or safety of employees or the public;
Financial and accounting concerns; - Suspected fraud, bribery or other financial criminal offences;
- Actions which may adversely affect the vital interests or reputation of SBM Offshore;
- Actions which violate human rights or constitute modern slavery;
- Actions which cause serious damage to the environment;
- Actions which are intended to conceal any of the above.
The Speak Up Line, managed by an independent third party, is available 24 hours a day, 365 days a year, supports multiple languages, and allows for anonymous and confidential reporting.
Speak up Line
The Speak Up Line, managed by an independent third party, is available 24 hours a day, 365 days a year, supports multiple languages, and allows for anonymous and confidential reporting.
How can I raise a concern via the Speak Up line?
You can choose to use a web form or call a toll-free phone number (if available in your country) and leave a message. For both procedures visit the Speak Up Line website:
Tips for using the Speak Up Line
- Copy the access code for your country
- Prepare your message
- We encourage you to share your detailed information with us to allow for better communication. However, you may decide whether you wish to identify yourself or to remain anonymous
What will happen when I contact the Speak Up Line?
After having completed the reporting of your concern per web or phone, you will be provided with a unique case number. It allows you to track the progress of your case and to provide additional information. You will be asked to enter this number each time you access the system.,
Both reporting a concern on the web or by phone will result in a report that is passed to SBM Offshore for further handling.
What happens to a report when received by SBM Offshore?
SBM Offshore takes your concern seriously and we will acknowledge the receipt of your message. If your initial report does not include enough information or evidence, we will get in touch with you and ask you to provide more information.
Your report will be sent to the SBM Offshore Integrity Panel for assessment.
If the report is a query, or perhaps a dilemma for which advice is sought, it will be passed to someone qualified to provide that advice.
Your report will be professionally and confidentially handled, respecting the privacy principles.
We will do our utmost to keep you informed on our progress whilst processing your concern.
After reviewing all the findings, we will decide if a violation has occurred and take action as appropriate and inform you accordingly.
Non-retaliation commitment
SBM Offshore will not tolerate any form of retaliation, including the threat of retaliation, against reporting persons who made their reports in
good faith. Good faith means that when making the report, you at least had reasonable ground to believe that the (potential) violation was true.
Speak Up Policy
The Speak Up Policy provides guidance about the available reporting channels and the procedure we will be following in handling your concern. We encourage you to consult our Speak Up Policy for further details:
Speak Up Policy (English)
Speak Up Policy (Portuguese)
Annex to the Speak Up Policy, applicable for SBM Portugal (English)
Anexo à Política de Speak Up, aplicável à SBM Portugal (Portuguese) – will be available shortly
