Sustainability

Transparency, integrity and accountability matters

We commit to relevant Environmental, Social and Governance (ESG) aspects by delivering leading solutions that increases efficiency and reduces carbon footprint in drilling operations, promoting a diversified workforce and basic human rights and by being an accountable business partner.

Our commitment to corporate responsibility is anchored in our core values. We see corporate responsibility as a means of building trust and commitment with you. We do so by adhering to accountable and transparent leadership.

We believe that by undertaking a holistic approach to corporate responsibility, we recognize our responsibility to govern our business by these principles for the benefit of our stakeholders.

Our code of conduct describes the ethical guidelines which all employees, directors and managers at HMH are required to follow.

We will promote sustainable business and development by combining great performance with environmental and social responsibility as well as sound governance practices by:

  • Guaranteeing business ethics and transparency
  • Safe guarding Corporate governance and board oversight
  • Innovation and digitization
  • Reducing adverse impact on the environment caused by our products or operations
  • Exploring opportunities within other business areas
  • Focusing on having a competent, diversified workforce that is able, motivated and healthy and enjoys good and professional working conditions
  • Ensuring adherence to our governing policies and Code of Conduct as well as expecting our suppliers and subcontractors to align their conduct with the principles outlined in the code.
  • Respecting Culture, dignity and rights of individuals in relevant countries of operations
  • Recognizing and respecting the United Nations’ Sustainable Development Goals (SDGs), focusing on goal 5, 8, 12, 13 and 16

Code of Conduct

Transparency Act

The Transparency Act is a new Norwegian law which shall promote enterprises’ respect for fundamental human rights and decent working conditions in connection with the production of goods and the provision of services and ensure the public access to information regarding how enterprises address adverse impacts on fundamental human rights and decent working conditions as well as secure public access to information. 

The Act applies to larger enterprises that are residents in Norway and that offer goods and services in or outside Norway. The Act also applies to larger foreign enterprises that offer goods and services in Norway. 

The Act imposes enterprises to establish guidelines, perform human rights due diligence, establish actions to mitigate risk, monitor results, stakeholder dialogue and access to remedy. The Act entered into force on 1st of July 2022. 

HMH has established guidelines and routines to safeguard human rights and decent working conditions throughout its operations. Core governing documents for HMH’s management and compliance of human rights and decent working conditions are:  

  • Code of Conduct
  • Governing Sustainability Policy
  • Know Your Customer Policy
  • HMH Supplier Declaration
  • Human Rights Risk Assessment
  • eLearning course on Human Rights
  • HMH Whistleblowing Channel

HMH has a whistleblowing channel available for external reports. HMH has not received any grievances or whistleblowing concerning human rights and decent working conditions. HMH does conduct risk assessments, and with a global presence there is an inherent risk that it may occur breach of human rights and decent working conditions in the supply chain. However, HMH  has not identified any actual adverse impacts or significant risk of adverse impacts through its risk assessments or the due diligences of business partners.

HMH’s policies and procedures, contractual terms and conditions, due diligence while onboarding and ongoing monitoring of business partners is key risk mitigating measures for addressing significant risks of adverse impacts.

HMH will conduct – through a due diligence process – assessments of whether there are any actual, or risks of, adverse impacts on human rights or decent working conditions in their own operations, their supply chain and other business relationships. Once assessments are complete, a report detailing the findings will be published.

Please contact us at marketing@hmhw.com if you have any questions.