In 2020, we made substantial progress to deliver on our ambitious sustainability promises. We strengthened our commitment and corporate governance by promoting sustainability and environmental management in our integrated management system. We established a robust sustainability framework, with dedicated workgroups to drive efficiency and emission reduction across the business in support of our sustainability goals. We continued to develop metrics and targets, such as a tool to calculate the carbon footprint of our operations. We investigated the feasibility of fuel efficiency measures and alternative fuels, and introduced measures to reduce dependency on conventional energy sources.
In line with our strategy to make our operations more sustainable, we pledge to cut our CO² emissions by 30% by 2030. Our ultimate goal is to be carbon neutral across our operations by 2050.
To reduce our footprint and lead the company into a net-zero future, we have identified three action areas:
Our record-breaking single-lift vessel Pioneering Spirit revolutionised the offshore heavy lift industry, providing our clients with a significantly faster, safer and more efficient option for platform removals and installations.
Our single-lift concept only requires a few days in the field compared to conventional means, reducing vessel operations to a minimum. Single-lift reduces the amount of labour-intensive work offshore, moving it onshore where it’s safer and protects the marine environment from the risk of offshore spills. This significantly lowers our emissions footprint.
Emissions savings for single, large topsides can amount to 70-90% or 3 billion kilogrammes of CO².