Sustainability Report 2014
Aspects & Boundaries
Aspects and boundaries of the material issues
Climate Change & Emissions to Air
The board of directors has the responsibility for climate change within the DOF Group and that The DOF Group is committed to ensuring that its activities shall have minimal impact upon the environment.
The DOF Group Environmental Impact Policy reflects corporate intentions, principles of actions and aspirations with respect to improving Group Environmental performance. The Environmental Impact Policy is the Group’s highest level environmental document and frames the approach of the BMS in respect to managing our environmental interactions and setting strategic environmental objectives.
Business Integrity & Ethics
The DOF Group operates an international business across a diverse geographic, ethnic, cultural, political and financial landscape. The Group recognizes that it has obligations to a wide range of stakeholders, and the reputation of the Group and the trust and confidence of those with whom it deals are among its most vital resources. Our Business Integrity and Ethics policy outlines a set of core values and approaches that we expect our companies and employees to follow and the behaviors they must adopt to protect and build the Group’s reputation.
Compliance to Law & Industry Standards
Operating in multiple countries around the world challenges the DOF group to stay abreast of governmental regulations in both national and local levels.
DOF personnel and subcontractors are required to comply with applicable legislation, regulations and standards as well as client’s requirements in every work function or activity. The legislation, standards, codes of practice and guidelines register provides a list of applicable requirements.
Each region where DOF Subsea operates has developed registers of applicable legislation, standards, codes of practice and guidelines. These registers are the foundation for compliance measurement. Identified non-compliances are to be addressed by corrective measures. When DOF operates in areas where legal requirements are weak, all operations are to follow our policies and operational standards.
Risk & Return
DOF is a long term industrial company with a strong history of more than 35 years, and has an active approach towards future risk and opportunity in a sustainability perspective. The Group strives to clarify its long-term potential, including strategy, value drivers and risk factors, to its main stakeholders.
Our employees are our most important resource and finding, attracting and retaining the right people are some of the main challenges we are faced with today.