Home Products & Services Sustainability Careers Investor Relations News & Media About Contact Search Sustainability This is Archer Sustainability! Archer > About > Sustainability Sustainability The environmental focus continues to be driven from the top of our company and implemented by all levels. Like our industry, Archer is adapting and embracing the shift towards lower emissions, reduced carbon footprints, continued focus on HSE, targeted diversity, and good governance. Health, Safety and Environment has long been a key driver for measuring our performance and is one of Archer’s key focus areas. As of 2020, we have implemented tailored ESG targets relative to each business unit and management responsibility. Archer continues to maintain strong organizational governance through an emphasis on zero tolerance for corruption and focus on conducting our business with high ethical standards. We will continue to plan for, monitor, assess the risks we face in the marketplace and proactively respond appropriately. As a global organization Archer recognizes that we have a responsibility to contribute to sustainable development through our business activities. Our responsibilities and commitments are described in our management system, Archer’s Code of Con-duct and our ESG guidelines. We have established three overarching strategic directions for Archer. All our business units and cross divisional activities will be focused on supporting and developing: Low carbon agenda Resilient oil and gas offering Green Energy LOW CARBON AGENDA Archer is committed to contributing to the ongoing energy transition. Through continuously development of new technologies and services we will reduce our energy consumption as a key partner in our clients’ low carbon agendas. With a broad portfolio of products and services within slot recovery and plug and abandonment, Archer is in a unique position to deliver lower carbon solutions to our clients. We will accomplish this with more efficient operations, developing cross synergies between Archer businesses, as well as employing complementary service providers. With this model we lower the number of persons on board offshore installations, reduce rig hours, and eliminate multiple trips into the well. This directly reduces emissions, reduces carbon footprint, and improves industry sustainability over traditional methods. In 2020 we have conducted more than 300 remote operations through our IO center, and have started a project for the development of carbon capture and storage solutions (CCS). RESILIENT OIL AND GAS OFFERING The majority part of our business is focused on brownfield development. Brownfield operations are in mature fields that have been developed, where infrastructure is in place and when the fields are already producing. At this stage, the investments are typically smaller, but there is more certainty in that decision. In a market where we are likely to see less demand for oil and gas in the long term, oil and gas companies are more likely to prioritize spend-ing in brownfield developments. We are confident Archer’s market position in brownfield services is a solid foundation for decades to come and will be more economically sustainable than our peers with greater exposure to the greenfield market. In a growing late-life and plug and abandonment market we believe we are well positioned to be a strategic partner by developing and delivering technology, efficiency, lowering cost and reducing emissions. GREEN ENERGY Archer will explore business opportunities within the green and renewable energy space. We will continually identify synergies with our current operations, assess competitive advantages and competence, and assess new markets. All business decisions are taken on a financial basis in line with our environmental, social and governance foundation. This is Archer sustainability. In this section Contact Trond Hess Vice President Sustainability Email: trond.hess@archerwell.com Facebook LinkedIn Twitter YouTube Facebook LinkedIn Twitter YouTube © Copyright 2021. Archer. All rights reserved.