HSSE & Compliance

HSSE Policies

Precautionary approach to environmental challenges

We also undertake initiatives to promote greater environmental responsibility. Working to protect the natural environment, the health and safety of our employees and the communities in which we operate are core commitments of our company. We will meet or exceed applicable environmental laws and regulations, and we are committed to minimizing any damage to the environment arising from our activities.

We strive to continuously improve our environmental performance through resource conservation and efficient service practices. We will measure our environmental performance and work to promote environmentally friendly practices that respect our environment and our natural resources. Sherwood encourages the development and diffusion of environmentally friendly technologies.

Working Environment and Health

We perform our activities in a way that ensures good working environment and health standards. To achieve good HSSE results in the entire organization, all our leaders must clearly demonstrate the importance of this through our own behavior.

Environmental Management

We will operate through efficient use of materials and energy, with minimal waste generation and negative impact on our environment. We will be a leading company, which in its own business and in cooperation with the society focuses on protecting and safeguarding the environment.

Safety

Our goal is to avoid all incidents, not have any injuries, and to protect values and our environment. All work is to be performed in a safe manner. We will ensure that employees and subcontractors acknowledge their responsibility for the safety of themselves and those working with them.

With the aid of our management system, we shall systematically and continuously improve our HSSE work together with our employees. The management will define challenging goals, which we will monitor and analyze to improve our results.

Health, Safety, Security & Environment (HSSE) Overview

Good work within the field of Health, Safety, Security and Environment is fundamental to achieve our business goals and meet expectations from stakeholders. At Sherwood we shall conduct our business in a legal, ethical, and socially responsible manner. We expect our partners and suppliers to do the same. We are committed to making a safe and inspiring work environment, where our employees feel protected.

We also undertake initiatives to promote greater environmental responsibility - protecting the natural environment of the communities in which we operate. We will meet or exceed applicable environmental laws and regulations, and we are committed to minimizing any damage to the environment arising from our activities. We do this through resource conservation and efficient service practices. Sherwood encourages the development and diffusion of environmentally friendly technologies.

Our HSSE Targets

"TARGET ZERO"

Our goal is to avoid ALL accidents and to ensure zero environmental mishaps, to the best of our abilities. All work will be performed under appropriate international safety protocols. All our employees and subcontractors will be subject to mandatory training and will be required to acknowledge their responsibility for their safety and that of those working with them.

With the aid of our safety management system, we shall systematically and continuously improve our HSSE policies taking our employees into consideration. Our management team will define challenging goals, which we will monitor and analyze to improve our results.

Environmental Protection Plan

Sherwood is committed to:
- Protecting the environment
- Maintaining the highest standards in public health and safety to protect the quality of the global environment for future generations
- Ensuring that all applicable regulatory environmental protection requirements are met or exceeded
- Environmental considerations are integrated with business planning by implementing environmental protection programs.

Our management team will ensure that all parties are informed of the applicable policies and procedures and receive training that emphasizes individual responsibilities for proper environmental management.
All parties are required to adhere to established policies and procedures and will participate in all provided training and meetings.
Sherwood will complete regular reviews to ensure compliance with the environmental protection program.

HSSE Implementation

Management, Supervisors, Employees, Subcontractors and Visitors are required to comply with all applicable Health, Safety and Environment (HSE) laws and regulations, as well as company standards, programs, rules, procedures, practices, and guidelines.
Sherwood is committed to meeting or exceeding all applicable legislative requirements.
Managers, Subcontractors and Supervisors are responsible for:

Supplying safety and personal protective equipment
Ensuring necessary training is in place
Identifying hazardous acts and conditions
Making employees aware of these hazards and the required control measures.

Accidents/incidents will be investigated and adequate control measures will be implemented to prevent reoccurrence.
Tools, equipment, and vehicles must be maintained as per the manufacturer’s requirements
Employees are required to report hazardous acts or conditions to their supervisor immediately, and have STOP WORK AUTHORITY if work conditions are unsafe.
It is our firm belief that an injury-free workplace is attainable and sustainable.

Modern Slavery Act Policy

At Sherwood, we are dedicated to eradicating modern slavery in the oil and gas industry and fostering a culture of ethical practices throughout our operations. Our mission is to promote human rights, dignity, and social justice, ensuring that every individual involved in our value chain is treated with respect and fairness.

We recognize that modern slavery is a grave violation of basic human rights, and we are committed to playing an active role in preventing and addressing this issue. Our company strives to uphold the highest standards of transparency, accountability, and responsibility, ensuring that our business practices align with our moral values and global expectations.

Our mission encompasses the following core principles:

Zero Tolerance: We have zero tolerance for any form of modern slavery, including forced labor, human trafficking, child labor, debt bondage, or any other exploitative practices. We strictly condemn and actively combat these violations within our company and along our supply chains.
Ethical Recruitment: We are dedicated to fair and ethical recruitment practices, ensuring that all employees, contractors, and suppliers are engaged voluntarily and without coercion. We actively verify the labor conditions, recruitment agencies, and employment contracts to prevent any exploitation.
Supply Chain Responsibility: We recognize the importance of responsible supply chain management. We work diligently to identify, assess, and address potential risks of modern slavery within our supply chain, collaborating with suppliers to implement robust safeguards and monitoring mechanisms.
Employee Empowerment: We prioritize the empowerment and well-being of our employees. We provide a safe and inclusive work environment that respects their rights and fosters their personal and professional development. We offer training programs to raise awareness about modern slavery and equip employees with the knowledge to identify and report any concerns.
Collaboration and Advocacy: We actively engage with industry peers, governments, non-governmental organizations, and other stakeholders to collaborate on initiatives aimed at eradicating modern slavery. We support advocacy efforts and promote legislative measures to strengthen protections against slavery and human rights abuses.
Continuous Improvement: We are committed to continuous improvement in our efforts to combat modern slavery. We regularly review our policies, procedures, and due diligence processes to adapt to evolving best practices and emerging risks. We hold ourselves accountable for progress, transparently reporting our actions and outcomes.

By embracing this mission, we aim to contribute to a world free from modern slavery, where the rights and dignity of all individuals are respected. We strive to set a benchmark for ethical conduct within the oil and gas industry, inspiring positive change and building a sustainable future for all.

Sustainability

Together, through our commitment, we aim to achieve sustainable progress in order to make our company and the communities where we operate richer, more inclusive and more resilient, without leaving anyone behind.

Today our sustainable approach to creating long-term shared value is guiding the energy transition. And we aim to carry on finding new, innovative tools to contribute to positive growth, without ever losing sight of the future of our society.

SDG7, which in summary is for the granting of universal access to modern energy, is still far from being recognized and implemented worldwide despite recent efforts to increase global access to energy. At Sherwood, we look to enable access to affordable energy, which is not only for the good of economic growth, but for the development of many other services, such as health, education, and transport.