Environmental, Social and Governance
SeaBird Exploration’s ESG report 2022 covers initiatives from 1 January to 31 December 2022. The company has the UN Sustainable Development Goals as main framework for its ESG initiatives. This report is an important channel of communication between SeaBird and its stakeholders, aiming to keep them informed about the company’s strategies and developments in the environment, social and governance areas. Read the report here
Transparency Act Report
The Transparency Act came into effect in Norway on July 1, 2022, and requires several Norwegian companies to have a relationship with how their business operations may impact fundamental human rights and decent working conditions. The background for this law is a clear expectation from the authorities, society, and clients that businesses should act with increased responsibility throughout their value chain.
SeaBird Exploration, as an ISO-certified company and thus has already developed routines to identify and manage risk in our day-to-day operations, where negative impacts on human rights and the environment in supply chains are identified. We have developed a questionnaire, where among others forced labour, child labour and other human rights violations, as well as environmental risks and impacts are addressed. One of the challenges encountered is to have the questionnaires returned in a timely manner, but so far we have not identified any negative impacts on neither human rights nor environment. SeaBird Exploration has a system in place to address and handles any non-compliance to our code of conduct. We also carry out in-house audits to verify the compliance of our suppliers (in 2022, four companies where audited). In 2022, we have used 200 different suppliers, and we have received feedback from ten of these.
Read the report here
Whistleblowing
Whistleblowing refers to the act of an individual who exposes or brings to light illegal, unethical, or fraudulent activities within an organisation. This can include reporting on issues such as corruption, environmental violations, human rights abuses, or other forms of wrongdoing. Whistleblowers may choose to make their disclosures internally within the organisation or externally to the media, government agencies, or other relevant authorities.
Whistleblowing can be a difficult and risky decision for the whistleblower, as it often involves going against powerful interests and may result in negative consequences such as retaliation, harassment, or even job loss. However, whistleblowers can play a crucial role in holding organisations and individuals accountable for their actions and in promoting transparency, accountability, and justice.
At SeaBird Exploration, we value transparency and honesty, and believe that effective communication is vital to our success. To ensure that all individuals feel comfortable reporting any serious wrongdoing, failing, or unacceptable practices, we have developed a Whistle-blower procedure. This procedure offer direction to anyone who feels the need to speak up and report any behavior or situation that violates legal obligations, our Code of Conduct, or any other SeaBird Exploration policies or guidelines. Anyone can make a report using our email: whistle(at)sbexp(dot)com. Any report will be treated anonymously.
We want to make it clear that SeaBird Exploration and its representatives will not retaliate against any employee or individual who makes a disclosure. We are proud to say that in 2022, we received no whistleblowing reports.