Datasets:
ESGBERT
/
base_data

Dataset card Data Studio Files
xet
 Community
sentence
stringlengths
1
23.5k
⌀
Our gross emissions decreased by 576,752 metric tons of carbon dioxide equivalent (CO2-e) GHG emissions in 2021.
This was due to several factors, including a smaller active fleet and larger mix of more modern and efficient vessels.
Our accuracy also continues to improve with the ongoing implementation of data capture technology, such as fuel monitoring systems.
The Scope 1 emissions, calculated using an operational control approach, and 2,119 tons Scope 2 emissions, calculated using a market-based approach (1,357 tons if a locationbased approach is used).
Fleet fuel usage and emissions data continues to be under evaluation, and once an appropriate methodology has been set, this will pave the way to enable us to set targets.
These will be aligned with the goal of the United Nations Framework Convention on Climate Change, better known as the Paris Agreement or COPglobal warming under two degrees Celsius and the IMO’s own climate goal to reduce absolute emissions by 50% by 2050 and by 70% on an intensity basis.
As an offshore marine support and transportation service provider, the most common current intensity measure for maritime transport, GHG emissions per ton-kilometer, does not apply in the same way as it applies to large cargo transport ships.
The operation of our vessels is largely determined by our customers’ requirements, and, in many cases, specific instructions, including type of fuel to be used.
Distance and weight factors only partially account for the nature of our operating services.
We are continuing to look at options for the development of an intensity measure which can account for all relevant factors.
We continue to consider a wide range of solutions to reduce our emissions and are looking closely at how fitting those solutions into our business would deliver value over the short, medium, and longer terms.
Reducing emissions at a pace needed to align with sector and global targets will require a varied approach that leverages every option available to Tidewater, including maximizing operational efficiencies, crew training, vessel designs, and alternative fuel types.
In our business as an offshore marine supply service, our clients provide specific operational direction.
This can be as detailed as indicating routes to be traveled, speeds to transit and cargo to carry.
Our clients also specify and provide the fuel used by our vessels, in most cases.
This operational scenario has historically limited our ability to operate at the highest levels of efficiency.
With the joint focus on reducing emissions and our overall carbon footprint, we are closely partnering with our clients to identify opportunities to further our objectives through operational efficiencies.
These improvements can be made by leveraging operational data and with our existing assets, which are newer, more efficient, and suited for the tasks and locations in which they currently operate.
The landscape regarding fuel, such as technology, storage, availability, cost and refueling is uncertain.
In to evaluate potential alternative fuels with these considerations in mind.
Suitability to the assets we currently own is one consideration, but the infrastructure available to deliver these fuels in the areas in which we operate is another.
Hybrid technology is somewhat decoupled from the alternative fuel availability challenges, as batteries added to augment vessel power plants do not rely on port infrastructure to operate.
Hybrid upgrades are significant investments, and we are pleased to have successfully implemented contractual frameworks with several clients that achieve our mutual goals of reducing our negative impact on the environment, while ensuring we do so in a sustainable manner by agreeing to commercial terms that support thes...
ENVIRONMENT As part of our ongoing fleet upgradation program, we continue to responsibly recycle those vessels that we have determined are no longer viable to operate due to age, commercial viability or emissions performance.
Upon completion of a recycling project, we follow up and obtain certification that the yard complied in all aspects.
MANAGING OUR ENVIRONMENTAL IMPACTS We operate our vessels in marine environments all around the world and managing our impacts is always a high priority.
Our people understand that it is essential that we follow our internal processes and comply with international regulations intended to manage ecological impacts.
Tidewater had protected areas (MPAs) or emission control areas (ECAs) in 2021.
A total of were recorded for these vessels.
All our fleet vessels abide by local and international maritime regulations, including complying with specific operating conditions in sensitive marine areas.
For expanded to also include the broader ECAs.
The prevention of pollution by solid waste from ships is regulated by MARPOL’s Annex V, which prohibits the discharge of most waste into the sea.
Regulated waste accumulated aboard a vessel is disposed of at designated port reception facilities and, where port facilities allow, some waste materials are recycled.
After completing two trials in Africa fleets to set out the best processes/practices for managing waste responsibly, we are now establishing objectives and targets for non-recyclable and recyclable waste aboard all our vessels which will be reported in 2022.
A limited amount of potentially hazardous material is handled onboard our vessels or by us onshore.
The types of potentially hazardous material we may handle include drilling tailings; methane; and various fuels, fluids, and lubricants.
Comprehensive training in the proper handling of hazardous materials and emergency preparedness and response is provided to all crew members involved in hazardous material activities.
The handling of ballast water is regulated by the International Convention for the Control and Management of Ships’ Ballast Water and Sediments.
All Tidewater vessels have ballast water management plans in place in accordance with the IMO’s Ballast Water Management Convention, which meets the D-2 Standard.
Ballast water is essential for the safe and efficient operation of vessels.
The majority of our fleet uses drill water (municipal water from shoreside), which is not discharged into the environment and not subject to the requirements of the Convention.
This enables us to meet the D- Standard and avoid performing ballast water exchange at sea.
A portion of the fleet uses locally sourced seawater for ballast while operating in the same geographical region.
Accidental spills of oil and other substances may cause significant ecological harm.
Harmful spills may not only require extensive recovery efforts but can also lead to reputational damage, as well as economic penalties.
Tidewater carries millions of liters of fluids annually and records any and all spillage.
Our fleet of vessels, recorded five incidents in 2021, resulting in 59 gallons of fluid released.
Per company procedures and policies, thorough investigations were undertaken into these incidents and the review process resulted In changes to operating systems, crew training and operational behavior.
The company implemented a number of initiatives through the year to improve the safety and well-being of our personnel.
These included targeted safety campaigns and technology enhancements.
Combining these with a strong focus on operational excellence, Tidewater exceeded our annual objectives.
To provide improved clarity and drive accountability into the organization, a new global information management system was launched, centralizing all processes and procedures for all operating areas globally.
As activity levels continue to improve due to increased industry demand and the further lifting of pandemic restrictions, we intend to remain focused on managing risk in our operations, continuing to implement mitigation processes, and encouraging and supporting a proactive health and safety culture.
Our focus is on creating an environment where our colleagues feel respected, valued, and can contribute to their fullest potential.
We leverage technology to promote online collaborative workspaces to bring our colleagues together across multiple time zones and geographies which helps to create a global sense of community.
The company’s safety performance remained strong in all operating regions in 2021.
We achieved a total recordable incident rate (TRIR) of of 0.07, and no work-related fatalities.
Company culture is a key focus for Tidewater.
Courage DIVERSITY The COVID-19 pandemic continued to impact our human capital management in 2021, in particular for our crews on vessels.
Safety protocols developed and implemented in the health and well-being of our people were successfully and diligently kept in place.
Vaccines were made available and crew vaccinations coordinated.
Except where contractual or regulatory requirements demanded it, vaccinations remained voluntary across our fleet.
We are signatories to the Neptune Declaration, formally committing to mitigate the impact of the pandemic on our seafarers through providing access to vaccines and regular crew changes.
COVID-We embrace the diversity of our team members, stakeholders and customers, including their unique backgrounds, experiences, thoughts and talents.
Everyone is valued and appreciated for their distinct contributions to the growth and sustainability of our business.
We strive to cultivate a culture and vision that supports and enhances our ability to recruit, develop and retain diverse talent at every level.
We are an equal opportunity employer, with all qualified applicants receiving consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
We comply with all applicable employment, labor and immigration requirements, and require our personnel to cooperate with all compliance efforts.
We are committed to racial equality and fostering a culture of diversity and inclusion throughout our organization, a commitment that both starts with, and is reflected in, our board of directors.
We have made diversity and inclusion an important part of our hiring and retention efforts.
Our CHRO has primary responsibility for our human capital management strategy, including attracting, developing, engaging and retaining talented employees.
The CHRO is also responsible for the design of employee compensation and benefits programs in addition to promoting diversity and inclusion throughout the company.
We have continued our longstanding commitment to attracting, developing, and positively impacting communities in which we work across the globe by employing local personnel.
Our global footprint has over internationally in more than 30 countries.
We support and respect human and labor rights, as defined by the International Labor Organization (ILO) Fundamental Conventions and the International Bill of Rights.
Universal Declaration of Human Rights, and the International Labor Organization’s Core Conventions regarding child labor, forced labor, freedom of association, the right to organize and bargain collectively, equal pay, and nondiscrimination in the workforce.
Our position on modern slavery is stated on our website.
Our stance on anti-corruption, as well as our policies for ensuring that employees and business partners adhere to high standards of business and personal ethics, is laid out in our Code of Business Conduct and Ethics and our Code of Conduct for Suppliers.
We do not tolerate active (attempts to bribe others) or passive (allowing oneself to be bribed) corruption.
Any demands for facilitation payments are rejected firmly and clearly.
In addition, approved agents, third parties, and partners are required to enter into agreements that include antibribery language and are also required to complete and sign Annual Compliance Certificates attesting to anti-corruption practices.
The Code was updated in and compliance training for all shore-based employees globally commenced.
Sustainable Supply Chain Our Code of Conduct for Suppliers includes a clause containing specific terms and conditions regarding anti-bribery and corruption.
We have a zerotolerance approach to unethical business practices.
When suppliers fail to meet our ethical standards, we take immediate and effective action, including contract termination if, after investigation, the seriousness of the ethics breach warrants it.
In our suppliers were reported and no action against suppliers was required.
We are focused on building a robust and resilient supply chain.
Selecting and developing long-term relationships with local suppliers continues to be a cornerstone of our approach.
We expect our suppliers to adhere to the same standards as we do.
This includes compliance with all relevant legal requirements, environmental standards, and fair employment practices and prohibition of any form of child, forced, or compulsory labor.
We set out our expectations on these matters very clearly in our Code of Conduct for Suppliers.
Following the roll out of our sustainability data capture and reporting system in supply chain assessment module is planned for implementation.
This tool will allow us to further engage with our key suppliers on a continuous basis and provide us with a platform to gauge our supply chain’s commitment to, and alignment with, our sustainability policies and objectives.
IS ALWAYS ON THE BOARD AGENDA Our board engages in regular discussions relating to sustainability initiatives and is committed to the development and promotion of ESG practices across the organization.
Our board reviews our sustainability agenda at least annually in connection with our strategic plan and monitors progress as a standard part of each board meeting.
In the first quarter of formed a dedicated Environmental, Social and Governance Committee (ESG) board committee to oversee the Company’s policies, programs and practices regarding matters related to sustainability responsibilities, and the Company’s management of risks and opportunities in these areas.
We operate under a Code of Business Conduct and Ethics, which is applicable to our directors, chief executive officer, chief financial officer, principal accounting officer, and all other officers and employees on matters of business conduct and ethics, including compliance standards and procedures.
The Code is publicly available on our website at www.tdw.com.
In existing company policies to understand where we have opportunities to improve guidance, consistency, accountability, efficiency, and clarity on how the company operates.
This analysis concluded with the recommendation to develop several new policies, including: https://investor.tdw.com/financials/annual-reports/default.aspx Employees who observe or become aware of a situation that they believe to be a violation of the Code of Business Conduct and Ethics are obligated to notify their im...