2024 McDermott Sustainability Report - Report - Page 43
Our Approach
Our Path
Environment
Social
Governance
SOCIAL RESPONSIBILITY
Social responsibility indicators
Framework Alignment
2 0 2 4 S u st a i n a b i l i t y Re p o r t
Performance Data
GOVERNANCE
Unit
2020
2021
2022
2023
2024
Business ethics indicators
Speak Up! Cases (received and addressed via Ethics and Compliance)
Community grievances
Unit
2020
2021
2022
2023
2024
Number
201
152
134
142
233
Sites with grievance
Number
8
8
8
4
3
Cases by Issue Type
Number received
Number
25
8
26
24
10
Governance [1]
Number
80
65
42
39
76
Number addressed
Number
18
8
26
22
5
Labor [2]
Number
53
39
34
31
32
Human Rights [3]
Number
43
24
23
47
86
Supplier diversity spend
Diverse and small businesses
USD
129M
95M
88M
88M
111M
Health, Safety and Environment [4]
Number
22
5
10
8
5
Minority
USD
19M
9M
8M
11M
24M
Other [5]
Number
3
19
25
17
34
Women Owned
USD
70M
15M
14M
15M
20M
Veteran owned businesses and disabled veteran owned business
USD
11M
7M
5M
8M
4M
Number
3,179
2,234
1,961
1,254
1,678
%
100
100
100
100
100
Number
-
-
-
1,734
1,173
%
-
-
-
100
70
Number
3,179
2,234
1,961
1,254
1,398
%
-
-
76
72
83
Number
-
-
-
-
6,009
%
-
-
-
-
100
Supply chain indicators
Suppliers screened
External audits
Labor & human rights
Number
-
-
-
5
4
Eligible suppliers screened [6]
Suppliers screening for environment, social, & governance in Dun
and Bradstreet supplier risk management [7]
Suppliers who have signed the McDermott Supplier Code of Business
Conduct [8]
Targeted suppliers with contracts that include clauses on
environmental, labor, and human rights requirements [9]
[1] Cases relative to Inappropriate Behavior, Gifts, Bribes and Kickbacks, Fraud or Embezzlement, Con昀氀ict of Interest, Misuse of Resources, Theft, Disclosure of
con昀椀dential information, Procurement activity concerns, conduct or policy violations, quality control, legal and regulatory violations, accounting/ auditing
practices, antitrust or fair trading, falsi昀椀cation or destruction of information.
[2] Cases related to Unfair Employment Practices, Employment or Disciplinary Action.
[3] Harassment, Discrimination, Threats or Physical violence, Retaliation or Retribution.
[4] Environment, Health and Safety & Substance Abuse.
[5] Cases relative to topics not captured by Governance, Labor, Human rights, Health, Safety and Environment categories.
[6] Eligible suppliers are composed of all suppliers with which the company contracts for projects and business-related goods and services. This typically would
exclude individuals and entities such as utilities, governmental agencies, credit card and other invoice only payees, claimants, and court ordered payees, etc.
[7] Suppliers are screened for ESG using a third-party supplier risk management software. An attempt is made to screen all eligible suppliers with commitments
which exceeds $1M USD. Not all suppliers ESG component of overall risk pro昀椀le was made available in 2023. Suppliers’ screenings may be solicited outside of an
eligibility request.
[8] 2020 and 2021 percentage not disclosed due to uncertainty of total number of suppliers of those years (denominator for accurate percentage calculation). In
2024, Company introduced a Supplier Code of Business Conduct that replaced the McDermott Code of Business Conduct previously used.
[9] Targeted Supplier is a supplier, subcontractor, or service provider which provides goods and/or services to the company as part of a revenue project.
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