5.3GRI Content Index

GRI 102: GENERAL DISCLOSURES 2016

Standard

Disclosure

Reference /direct answer

1. Organizational profile

102-1

Name of the organization

SBM Offshore N.V

102-2

Activities, brands, products, and services

1.4

102-3

Location of the organization’s headquarters

6

102-4

Location of operations

1.2

102-5

Ownership and legal form

3.5

102-6

Markets served

1.2

102-7

Scale of the organization

1.2

102-8

Information on employees and other workers

5.2.3

102-9

Supply chain

1.6

102-10

Significant changes to the organization and its supply chain

No significant changes

102-11

Precautionary Principle or approach

Sustainability policy

102-12

External initiatives

2.11

102-13

Memberships of associations

None

2. Strategy

102-14

Statement from senior decision-maker

1.1

3. Ethics and integrity

102-16

Values, principles, standards, and norms of behaviour

1.3

4. Governance

102-18

Governance structure

3.5

5. Stakeholder Engagement

102-40

List of stakeholder groups

5.1.3

102-41

Collective bargaining agreements

5.2.3

102-42

Identifying and selecting stakeholders

5.1.3

102-43

Approach to stakeholder engagement

5.1.3

102-44

Key topics and concerns raised

5.1.3

6. Reporting practise

102-45

Entities included in the consolidated financial statements

4.2

102-46

Defining report content and topic Boundaries

5.1, 1.7, 2

102-47

List of material topics

1.7

102-48

Restatements of information

5.1.6

102-49

Changes in reporting

5.1.2

102-50

Reporting period

calendar year 2017

102-51

Date of most recent report

February 8, 2017

102-52

Reporting cycle

Annual

102-53

Contact point for questions regarding the report

6.2

102-54

Claims of reporting in accordance with the GRI Standards

5.1

102-55

GRI content index

5.3

102-56

External assurance

5.5, 5.1.1

Material Topics

Reporting standard

Disclosure

Reference/omission

Material topic: Economic Performance, Cost of ownership and Cost Efficiency

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

2.3

103-2 The management approach and its components

2.3

103-3 Evaluation of the management approach

2.3

GRI 201: Economic Performance 2016

Direct economic value generated or distributed

4.2

Material topic: Ethics & Compliance and Transparency

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

3.8

103-2 The management approach and its components

3.8

103-3 Evaluation of the management approach

3.8

GRI 205-2: Anti- corruption 2016

Communication and training about anti-corruption policies and procedures

3.8, 5.2.3

GRI 205-3: Anti- corruption 2016

Confirmed incidents of corruption and actions taken

3.8. There were no confirmed incidents of corruption in 2017, however during 2017 actions were taken related to previously reported incidents.

GRI 419-1: Socioeconomic Compliance 2016

Non-compliance with laws and regulations in the social and economic area

5.1.9, 3.8, on the Legacy Issues.

Material topic: Project & fleet performance

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

2.3.1

103-2 The management approach and its components

2.6

103-3 Evaluation of the management approach

2.6

GRI 302-1 Energy 2016

Energy consumption within the organization

5.2.2

GRI 302-3 Energy 2016

Energy intensity

5.2.2

Material topic: Emissions reductions

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

2.5

103-2 The management approach and its components

2.5

103-3 Evaluation of the management approach

2.5

GRI 305-1 Emissions 2016

Direct greenhouse gas (GHG) emissions (Scope 1)

5.2.2

GRI 305-2 Emissions 2016

Energy indirect greenhouse gas (GHG) emissions (Scope 2)

5.2.2

GRI 305-7 Emissions 2016

NOX, SOX, and other significant air emissions

5.2.2

GRI 306-3 Effluents and waste 2016

Significant spills

5.2.2

G4-OG5

Volume and disposal of formation or produced water

5.2.2

G4-OG6

Volume of flared and vented hydrocarbon

5.2.2

Material topic: Human capital and training & development

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

2.8

103-2 The management approach and its components

2.8

103-3 Evaluation of the management approach

2.8

GRI 401-1 Employement 2016

New employee hires and employee turnover

5.2.3

GRI 404-1 Training and Education 2016

Average hours of training per year per employee

5.2.3

GRI 404-3 Training and Education 2016

Percentage of employees receiving regular performance and career development reviews

5.2.3

Material topic: Health, Safety & Security and Process Safety

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

2.4, 2.7

103-2 The management approach and its components

2.4, 2.7

103-3 Evaluation of the management approach

2.7, 2.4

GRI 403-2 Occupational Health and Safety 2016

Type of injury and rates of injury, occupational diseases, lost days, and absenteeism, and total number of work-related fatalities

5.2.1, 5.2.3, Partial omission for absenteeism; not all regions are included and this indicator is not broken down by gender, as information is unavailable. Steps are being taken to improve reporting on absenteeism and the Company expects to report on all regions and gender in the near future (see Chapter 5.1.8)

G4-OG13

Number of process safety events by business activity

5.2.1

Material topic: Human rights

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

2.1, 2.11

103-2 The management approach and its components

2.11

103-3 Evaluation of the management approach

2.11

GRI 412-3 Human Rights Assessment

Significant investment agreements and contracts that include human rights clauses or that underwent human rights screening

148 signees of the supply chain charter. 2.3.2, 2.11, 5.4

Material topics which SBM reports according to own indicators

Material topics: Innovation, Te chnology development and Gas & Renewables

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

2.1

103-2 The management approach and its components

2.9

103-3 Evaluation of the management approach

2.9

Own indicator

The success of SBM Offshore’s Technology division is measured by the quantity and quality of new designs and proprietary components delivered and ready for market (TRL4)

2.9

Material topic: Quality

GRI 103: Management approach 2016

103-1 Explanation of the material topic and its Boundary

2.7

103-2 The management approach and its components

2.7

103-3 Evaluation of the management approach

2.7

Own indicator

Certification and classification performance on; ISO 9001, ISO 14001, OHSAS 18001, Social Accountability & ISM

5.4