2025 McDermott Sustainability Report - Report - Page 14
OUR PATH
OUR APPROACH
ENVIRONMENT
SOCIAL
GOVERNANCE
FRAMEWORK ALIGNMENT
PERFORMANCE DATA
2025 SUSTAINABILITY REPORT
APPENDIX
LEADING WITH SAFETY
A strong safety culture is a
shared responsibility across
McDermott - from employees
to subcontractors - built on
common values, accountability,
and a commitment to protecting
people and the environment
Safety culture evolution
During the year, our safety performance
remained above the industry average – as it
has for the past 17 years. We concluded 2025
with a Total Recordable Incident Rate (TRIR) of
0.09 and a Lost Time Incident Rate (LTIR) of 0.003
across almost 122 million workhours. We are also
committed to continuous improvement. We
regularly review and enhance our programs.
In 2025, for example, we strengthened our safety
practices to address emerging risks and shift
from compliance-based approach to a
people-centric approach.
TOTAL RECORDABLE INCIDENT RATE (TRIR)
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
McDermott
0.17
0.16
0.12
0.12
0.20
0.12
0.10
0.12
0.12
0.07
0.07
0.09
IOGP
0.34
0.26
0.22
0.20
0.21
0.20
0.16
0.17
0.18
0.17
0.16
IMCA
0.44
0.43
0.36
0.35
0.34
0.22
0.22
0.27
0.22
0.21
0.22
McDermott
International Association of Oil and Gas Producers (IOGP)
International Marine Contractors Association (IMCA)
IOGP and IMCA 2025 data were not available at the time of publishing.
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