Sustainability and ESG practice at Sekal

Our activities will serve the environment – not harm it

Sustainability and ESG practice at Sekal

Our activities will serve the environment – not harm it

Sekal is a company that puts sustainability at its heart, and we include the attention to sustainability in all our conduct.

Our business is centred around innovation and digitalisation of the well construction process, whereby intelligent software and optimization solutions enable great efficiency gains and greenhouse gas emission reductions from drilling operations on a global scale. Our solutions are also applicable for drilling of wells dedicated for storing of CO2 as part of carbon capture and sequestration projects (CCS). In fact, Sekal has already real experience with such activities, proving our solutions to a commercial CCS project in the North Sea.

Our approach to ESG

Our approach to ESG (Environment, Social, Governance) is embedded in our code of conduct and our governing documents, and we offer equal opportunities to all employees, respect fundamental human rights, labour rights and union engagement, and provide our employees with safe working environment, and a healthy and developing workplace.

Human Rights

Sekal respects the human rights of all individuals and groups affected by our business and activities. This includes our own employees, consultants, vendors, business partners and customers. The respect for human rights is rooted in our ethical guidelines and code of conduct, and we use the UN Global Compact as a reference.

Sustainable Development Goals

The global challenges we face are complex and diverse, emphasizing the need for everyone to contribute.

We look to UN’s Sustainable Development Goals (SDGs) as reference and inspiration, and we believe that our contribution can make a significant difference. We have chosen to highlight six of these goals that we believe are closest to our operations, in fact goals 7, 12, 13 related to climate smart operations – and 4, 8, 9, 12, 13 for digitalisation and innovation for a sustainable industry and society.

Transparency

We conduct our business in compliance with the legal requirement for larger enterprises’ duty to report on the work they do to ensure compliance with fundamental human rights and decent working conditions in the enterprises themselves, in their supply chains and with their business partners.

We carry out due diligence in accordance with the OECD Guidelines for Multinational Enterprises. The compliance with the Transparency Act is ensured through our management system which is based on ISO 9001, ISO 14001 and ISO 45001.

The main activities linked to the due diligence assessment are:

  • We perform risk assessment on potential adverse impact on fundamental human rights and decent working conditions
  • We identify and implement suitable measures to cease, prevent or mitigate such adverse impacts
  • We choose business partners who shows respect for fundamental human rights and decent working conditions
  • We manage our vendors, service providers and business partners – and perform audits to ensure compliance with the
  • Transparency Act
  • We do make the report on our due diligence available to the public on an annual basis

Climate and environment

Digitalisation is an extremely powerful tool. If employed wisely, it can help tackle some of our greatest challenges and accelerate the transition to a better, more sustainable future.

Reaching global, regional, and national climate objectives requires significant change in many areas in a short period of time. Digital solutions can facilitate this development and enable reductions in global greenhouse gas emissions.

The Sekal business is centred around digitalisation of the well construction process, whereby intelligent software and optimization solutions enable great efficiency gains and greenhouse gas emission reductions from drilling operations on a global scale.

In fact, Rystad Energy has modelled the reduction in CO2 emissions by using Sekal’s products and services. With a potential to cut emission by ~ 20% on a per well basis, the global potential is estimated to be almost 3 mill tonnes on an annual basis. This is equivalent to removing 630 000 gasoline cars from the roads.