Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Employee Safety and Well-being
• Community Contributions
• Fleet Improvements
• Governance Practices

Environmental Achievements

• Delivery of the Galveston Island, a new 6,500 cubic yard mid-size hopper dredge in January 2024.
• Construction of the Amelia Island, sister ship to the Galveston Island.
• Delivery of two Damen multifunctional all-purpose vessels, the Cape Hatteras and the Cape Canaveral in 2023.
• Retrofitting existing vessels with emissions-reducing equipment.
• Award of a rock installation contract for the Empire Wind I project.
• Award of another rock installation contract for subsea rock cable protection on an offshore wind project.
• Significant financial investments in more efficient new vessels and upgrading existing equipment with NOX and SOX scrubbing filters.
• Mandating the use of environmentally acceptable lubricants.

Social Achievements

• 334 'Safe Todays' reported in 2023 (aiming for 365).
• HERO Award for rescuing three civilians from a burning boat.
• Rescue of two jet skiers by the dredge Alaska crew.
• Construction Safety Week participation.
• Construction Suicide Prevention Week participation.
• Construction Inclusion Week participation.
• On-site summer wellness fairs.
• President’s Volunteer Service Award for volunteer hours at the Houston Food Bank.
• Support for Jekyll Island Foundation and the Georgia Sea Turtle Center.
• Assistance with wildfire fighting on Egmont Key Island.
• Sea Oats Dunes Clean Up in Amelia Island, FL.
• Earth Day cleanup in Buffalo Bayou Park, Houston, TX.

Governance Achievements

• 100% employee and director completion of Code of Conduct training.
• Implementation of a robust cybersecurity program.
• Annual review of executive compensation program by the Compensation Committee.
• Establishment of the Great Lakes Dredge & Dock Laboratory for Dredging and Coastal Studies in partnership with Texas A&M University.

Climate Goals & Targets

Environmental Challenges

• Potential for environmental spills from fuels and lubricants.
• Man Overboard (MOB) incidents.

Mitigation Strategies

• Employee training, equipment inspections, routine maintenance, and use of environmentally acceptable lubricants to prevent spills.
• Installation of designated vessel transfer locations and platforms.
• Updated safety rule book with targeted rules and recommendations.
• Construction of two U.S.-based MultiCats to eliminate the need for pipeline work on the water.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct focusing on Environmental, Health and Safety, Labor and Human Rights, Ethical Behavior, and Compliance with Laws.

Climate-Related Risks & Opportunities

Opportunities

• Growth in the U.S. offshore wind market.

Sustainable Products & Innovation

• Acadia (offshore wind vessel)

Awards & Recognition

• 2023 SEAL Sustainable Product Award for the Acadia.