Climate Change Data

Civeo Corporation

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Environmental Stewardship
  • Social Responsibility
  • Corporate Governance

Environmental Achievements

  • Reduced water consumption by 35% in Canada through water reuse in a state-of-the-art laundry facility.
  • Eliminated single-use plastics in 16 Australian villages and working to eliminate them in all Australian villages by 2025.
  • Reduced landfill waste by over 50% at Sitka facility since May 2022.
  • Recycled 250,000-300,000 liters of greywater daily for irrigation in Coppabella Village, Australia.
  • Retained ISO 14001 Certification for Coppabella sewage treatment plant.

Social Achievements

  • Reduced Total Recordable Incident Rate (TRIR) by nearly 33% since 2017.
  • Launched Respect at Work program in Australia and Canada to promote a safe and respectful work environment.
  • Increased Indigenous employment in Australia to 4.8% in 2022 (from 1.8% in 2021).
  • Implemented Containers for Change program in Australia, recycling over 100,000 containers and raising over $10,000 AUD for local charities.
  • Resumed in-person town hall meetings to improve employee engagement.

Governance Achievements

  • Established a global ESG Steering Committee and an ESG and Nominating Committee of the Board of Directors.
  • Conducted a cyber breach simulation exercise to improve incident management and communication processes.
  • Engaged with shareholders representing over 61% of outstanding shares.

Climate Goals & Targets

Short-term Goals:
  • Eliminate all single-use plastics in all Australian villages by 2025.

Environmental Challenges

  • Challenging market conditions resulting in reduced hiring in Canada.
  • Need to further quantify Scope 1 and Scope 2 greenhouse gas emissions.
Mitigation Strategies
  • Actively engaged in quantifying Scope 1 and Scope 2 emissions and undergoing third-party verification.
  • Developing an employee satisfaction survey to identify areas for improvement.

Supply Chain Management

Responsible Procurement
  • Prioritizing local suppliers (e.g., coffee roaster in Canada).

Climate-Related Risks & Opportunities

Physical Risks
  • Natural disasters (cyclones, hurricanes, wildfires)

Awards & Recognition

  • Gold Level certification in the Progressive Aboriginal Relations (PAR) program

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Environmental Stewardship
  • Social Responsibility
  • Corporate Governance

Environmental Achievements

  • Developed and implemented a company-wide Water Conservation and Wastewater Policy
  • Expanded irrigation system at Coppabella Village in Australia, increasing gray water recycling capacity to 350,000 liters per day
  • Recycled more than 140,000 containers in Australia through the Containers for Change program
  • Reduced solid waste going to landfill in British Columbia by working with local contractors to remove recyclable materials and compostable organic waste

Social Achievements

  • Achieved a Total Recordable Incident Rate (TRIR) of 0.45, significantly lower than the U.S. accommodation industry average of 4.1
  • Increased spending with Indigenous businesses by 11% in Canada and 29% in Australia compared to 2022
  • Employee engagement survey yielded a 72% global engagement score
  • Implemented the Diploma of Leadership and Management program in Australia
  • Revamped driving safety program in Australia to include in-vehicle monitoring systems (IVMS)

Governance Achievements

  • Board of Directors unanimously approved an amendment to transition from a classified to a declassified Board of Directors over a three-year period
  • Conducted a cyber breach simulation to enhance incident management and communication processes

Climate Goals & Targets

Environmental Challenges

  • Persistent inflationary pressures
  • Managing psychosocial risks in the workplace
  • Cybersecurity risks
Mitigation Strategies
  • Introduced a new capital allocation strategy
  • Partnered with FiFo Focus to train managers and supervisors in identifying and addressing workplace psychosocial risks
  • Implemented recognized industry technologies and practices to safeguard digital assets, including mandatory cyber awareness training and regular assessments

Supply Chain Management

Responsible Procurement
  • Prioritizing local sourcing
  • Human Rights and Conflict Minerals policies

Climate-Related Risks & Opportunities

Physical Risks
  • Wildfires
  • Droughts

Awards & Recognition

  • ABA100 Business Innovation Award (Australia)
  • ABA100 Community Contribution award (Australia)
  • Fort McMurray 468 First Nation Partner of the Year Award