Climate Change Data

McDermott International, Ltd.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:194,538 tCO2e/year
Scope 1 Emissions:183,301 tCO2e/year
Scope 2 Emissions:11,237 tCO2e/year (market-based)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:77%
Total Energy Consumption:855,749 MWh/year
Water Consumption:1,145,127 m3/year
Waste Generated:173,268 tons/year
Carbon Intensity:0.86 tCO2e per 1000 workhours (construction and fabrication)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • 23% reduction in Scope 1 and 2 GHG emissions
  • 77% of grid-sourced electricity came from renewable sources
  • 73% reduction in solid waste sent to landfill

Social Achievements

  • Received National Recognition for local content skilling efforts in Uganda
  • 0.07 Total Recordable Incident Rate
  • Well-being initiatives in offices and project sites

Governance Achievements

  • Established a Diversity Council
  • Performed 100% human rights due diligence of significant sites
  • ESG screening of 1,734 suppliers

Climate Goals & Targets

Long-term Goals:
  • Net Zero emissions by 2050
Medium-term Goals:
  • 50% reduction in Scope 1 and 2 GHG emissions by 2030
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Supply chain disruptions due to climate events (implied)
  • Climate-related risks to operations and supply chain
Mitigation Strategies
  • Climate risk management framework to identify risks and guide mitigations
  • Developing mitigation plans for supply chain disruptions and operational impacts
  • Implementing measures to further reduce emissions through the use of renewable energy

Supply Chain Management

Supplier Audits: 1,734 suppliers screened in 2023

Responsible Procurement
  • Ethics and Compliance pre-qualification process
  • Assessment of quality, health, and environmental practices of subcontractors

Climate-Related Risks & Opportunities

Physical Risks
  • Acute physical risks
  • Chronic physical risks
Transition Risks
  • Emerging regulation
  • Technology
  • Legal
  • Market
  • Reputational
Opportunities
  • Energy transition projects (offshore wind, hydrogen, CCUS)

Reporting Standards

Frameworks Used: GRI Standards, TCFD framework, SASB Infrastructure – Engineering & Construction Services (IF-EN) metrics, UN SDGs, IPIECA, IOGP, API sustainability reporting guidance

Certifications: ISO 14001:2015, ISO 27001

Third-party Assurance: Internal Audit and Financial Reporting teams

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 13 (Climate action)

Initiatives to reduce emissions, increase renewable energy use, and support energy transition.

Sustainable Products & Innovation

  • Floating production unit with battery energy storage system
  • Modular execution approach for clean ammonia plant

Awards & Recognition

  • PAU National Content Skilling Award (Uganda)