SEACOR Marine Publishes Inaugural Sustainability Report
December 13 2021 - 5:23PM
SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company” or “SEACOR
Marine”), a leading provider of marine and support transportation
services to offshore energy facilities worldwide, today announced
that it has published its Inaugural Sustainability Report. The
report documents SEACOR Marine’s recent achievements in three
areas: SEACOR Marine’s commitment to employees, environmental
impact and responsibility as a global citizen.
SEACOR Marine’s Chief Executive Officer John
Gellert commented: “We are excited to share our continued progress
towards our environmental, social and governance goals. As an
industry leader in hybrid power solutions and a trusted global
operator, SEACOR Marine plays a critical role in helping our
clients operate in increasingly environmentally efficient ways. Our
focus on doing right by our customers, investors, employees and the
communities where we operate is matched by our commitment to
ensuring safe and reliable transportation services through an
energy-efficient fleet. I am thankful for the efforts of the
Sustainability Council, our employees and all of our partners, and
grateful for this opportunity to highlight the great work we do.
This progress reflects our ongoing commitment to continuously
building upon and enhancing our environmental, social and
governance program.”
Highlights from SEACOR Marine’s Inaugural
Sustainability Report include:
- Our People: SEACOR
Marine believes in ensuring an inclusive culture where employees
from every background can contribute to their fullest potential
with equal and diversified employment opportunities for all. The
report outlines the Company’s formalization of its Diversity,
Equity and Inclusion (DE&I) Committee, recruiting and hiring
procedures, current employee diversity metrics and SEACOR Marine’s
commitment to enhancing the employee experience.
- Our Environment:
SEACOR Marine aligns its strategy with its focus on environmental
sustainability through investment in green technology and
operational changes to minimize its impact. Since 2015, SEACOR
Marine has invested over $24 million to optimize fleet efficiency,
including investment in hybrid platform supply vessels. In 2020,
SEACOR Marine implemented data collection of fuel oil consumption
and carbon emissions for all vessels. It also launched a waste
reduction campaign and implemented and enhanced ballast water
treatment systems across the SEACOR Marine fleet. The report
further details the Company’s progress towards the reduction of
vessel fuel consumption and waste across its shoreside and offshore
operations.
- Social
Responsibility: SEACOR Marine is committed to operating
responsibly and with integrity as a community partner. The Company
was proud to become a signatory to the Neptune Declaration on
Seafarer Wellbeing and Crew Change in early 2021. SEACOR Marine
also recently published Environmental Policy, Corporate
Responsibility, Climate Change and Human Rights Statements and has
begun developing a Supplier Code of Conduct, a Responsible
Procurement Policy and a Responsible Procurement and Supplier
Training Program.
The report is aligned with the industry-specific
standard for the oil and gas services sector as set by the
Sustainability Accounting Standards Board (SASB) and also
identifies the United Nations Sustainable Development Goals (UN
SDGs) that most closely align with the Company’s values and
responsible business practices.
To learn more about SEACOR Marine’s ESG efforts
and sustainability practices, please visit SEACOR Marine’s website
at https://seacormarine.com/esg.
SEACOR Marine provides global marine and support
transportation services to offshore energy facilities worldwide.
SEACOR Marine and its joint ventures operate a diverse fleet of
offshore support and specialty vessels that deliver cargo and
personnel to offshore installations; handle anchors and mooring
equipment required to tether rigs to the seabed; tow rigs and
assist in placing them on location and moving them between regions;
provide construction, well workover and decommissioning support;
and carry and launch equipment used underwater in drilling and well
installation, maintenance and repair. Additionally, SEACOR Marine’s
vessels provide accommodations for technicians and specialists,
safety support and emergency response services.
Certain statements discussed in this release as
well as in other reports, materials and oral statements that the
Company releases from time to time to the public constitute
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Generally, words such as
“anticipate,” “estimate,” “expect,” “project,” “intend,” “believe,”
“plan,” “target,” “forecast” and similar expressions are intended
to identify forward-looking statements. Such forward-looking
statements concern management’s expectations, strategic objectives,
business prospects, anticipated economic performance and financial
condition and other similar matters. Forward-looking statements are
inherently uncertain and subject to a variety of assumptions, risks
and uncertainties that could cause actual results to differ
materially from those anticipated or expected by the management of
the Company. These statements are not guarantees of future
performance and actual events or results may differ significantly
from these statements. Actual events or results are subject to
significant known and unknown risks, uncertainties and other
important factors, many of which are beyond the Company’s control
and are described in the Company’s filings with the SEC. It should
be understood that it is not possible to predict or identify all
such factors. Given these risk factors, investors and analysts
should not place undue reliance on forward-looking statements.
Forward-looking statements speak only as of the date of the
document in which they are made. The Company disclaims any
obligation or undertaking to provide any updates or revisions to
any forward-looking statement to reflect any change in the
Company’s expectations or any change in events, conditions or
circumstances on which the forward-looking statement is based,
except as required by law. It is advisable, however, to consult any
further disclosures the Company makes on related subjects in its
filings with the Securities and Exchange Commission, including
Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and
Current Reports on Form 8-K (if any). These statements constitute
the Company’s cautionary statements under the Private Securities
Litigation Reform Act of 1995.
Please visit SEACOR Marine’s website at
www.seacormarine.com for additional information.For all other
requests, contact InvestorRelations@seacormarine.com
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