2025 McDermott Sustainability Report - Report - Page 43
OUR PATH
OUR APPROACH
ENVIRONMENT
SOCIAL
GOVERNANCE
FRAMEWORK ALIGNMENT
PERFORMANCE DATA
APPENDIX
ABBREVIATIONS
AASB
Australian Accounting Standards Board
ILO
International Labour Organization
AI
Arti昀椀cial intelligence
IOGP
International Association of Oil & Gas Producers
BtL
Biogas-to-liquid
IPIECA
International Petroleum Industry Environmental Conservation Association
CEO
Chief Executive Of昀椀cer
ISO
International Organization for Standardization
CO 2
Carbon dioxide
kWh
Kilowatt hour
CPR
Cardiopulmonary resuscitation
LCA
Life cycle assessment
DB
Derrick Barge vessel
LNG
Liqui昀椀ed natural gas
DLV
Derrick Lay vessel
LPH
Litres per hour
DMA
Double Materiality Assessment
LTIR
Lost time incident rate
EPCI
Engineering, procurement, construction and installation
MWh
Megawatt hour
ERGs
Employee Resource Groups
PMA
Project Management Academy
ESG
Environment, Social & Governance
PMNRF
Prime Minister’s National Relief Fund
ESRS
European Sustainability Reporting Standards
QHSES
Quality, Health, Safety, Environment and Security
EU CSRD
European Union’s Corporate Sustainability Reporting Directive
SAF
Sustainable aviation fuel
EVP
Executive Vice-President
SSOW
Safe System of Work
GHG
Greenhouse gas
SWO
Stop Work Obligation
GRI
Global Reporting Initiative
tCO 2 e
Tonnes of carbon dioxide equivalent
GW
Gigawatts
TCFD
Task Force on Climate-related Financial Disclosure
HVDC
High-voltage direct current
TRIR
Total recordable incident rate
IFRS
International Financial Reporting Standards
USD
United States Dollar
2025 SUSTAINABILITY REPORT
43
