We are taking energy forward responsibly, with integrity and transparency – doing the right thing always
We are dedicated to executing our corporate strategy ethically and sustainably to build trust with employees, customers, shareholders, and communities. Transparency about our challenges and mitigation efforts is crucial. Since our 2022 principles strategy release, we have upheld top Health, Safety, and Environment (HSE) standards and promoted compliance and ethics. We will maintain integrity and a culture of transparency in our operations.
We are well governed
- We assessed risks related to compliance across 100% of our operations in both business segments.
- Our Board of Directors received sustainability-specific training.
- Launched an internal ticketing systmem, MySupport Sustainability, a one-stop shop to validate sustainability data for commercial or regulatory inquiries, external engagements and more.
- Our employees, contractors and stakeholders are encouraged to report concerns through our Compliance and Ethics website.
We are focused on safety
- We are committed to upholding high HSE standards to protect our people's physical and mental well-being.
- Our Total Recordable Incident Rate decreased by 11% year-over-year from 0.28 to 0.25.
- Average hours of HSE training for employees increased by 5% year-over-year from 6.2 to 6.5 hours.
- With over 1.67 million safety observations, our employees and contractors are ensuring the health and safety of everyone.
- We have 71 sites certified to ISO 45001:2018, highlighting our commitment to occupational health and safety management systems.
We act with integrity
- Our annual Code of Conduct training was completed by 99.4% of employees.
- Within 90 days, 95% of red flag audit findings from our Social Supplier Responsibility Program were closed.
- In 2024, 100% of our enterprise security personnel received training on human rights.
We are taking energy forward responsibly, with integrity and transparency – doing the right thing always.
In order to drive a culture of transparency and integrity, our people are our compliance champions.
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Our Board of Directors set high standards for our officers, directors and employees, to do the right thing beyond compliance.
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We are committed to acting responsibly and promoting a healthy, secure, and respectful environment for our people, customers, partners and communities in which we operate.
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Supporting workers' health
In an ever rapidly evolving energy market, our pledge to drive safety, health and environmental stewardship stands at the forefront of our mission. We strive for excellence in our HSE practices, exploring innovative solutions to mitigate risks and ensure sustainability. Nurturing a proactive safety culture and championing environmental responsibility, we set the stage for a greener, healthier and safer future for everyone
Saverio Gradassi, IET Global HSE and Sustainability Director
Human rights policy
Human rights are fundamental rights and freedoms to which every individual is equally and inalienably entitled. We recognize human rights as a universal obligation to uphold and a core principle to our business practices. As a signatory of the United Nations Global Compact (UNGC), we are committed to advancing the Ten Principles of the UNGC and Sustainable Development Goals (SDGs).
Our Human Rights Policy applies to all employees, business partners, vendors, suppliers, and contractors. This policy is informed by the UN Guiding Principles on Business and Human Rights and our Code of Conduct. It is supported by a framework of policies and guidelines, setting forth the expectations that we do what is right and safe, considering the well-being of our people, suppliers, customers, communities, and environment.
Principles spotlights on progress
Enhanced human rights governance
We continued to enhance our human rights governance program. We identified a human rights program leader and a multifunctional human rights working group to guide the operationalization of our human rights program. We further developed processes for recording and monitoring the resolution of human rights grievances.
Supplier diversity engagement
Our teams hosted Supplier Diversity Days to educate our suppliers on the significance of supplier diversity and to highlight our initiatives to support this cause. This enhanced education and understanding have led to an increase in the identification of diverse and small suppliers.
Indoor drones advance sustainability and human rights
Our security team is progressing toward deploying drones in certain facilities, increasing security capability and providing cost effective and sustainable security risk mitigation measures. While monitoring construction progress in the U.S. during 2024, we integrated our security service’s sensors and alarms with our drones’ onboard control software. This increases our security alarm detection capabilities and further enhances our ability to assess events occurring within the facility.
Cybersecurity champions
The Cybersecurity Awareness Champions Program is a group of coworker ambassadors dedicated to bringing valuable information, knowledge and tips to their respective departments to drive our organization’s cybersecurity.
For more information
Click on one of the links below to learn more about our Principles:
Sixth Amended and Restated Bylaws
