Aker Solutions

No leading practices were identified for the company in the governance and strategy area.

Solid and air pollution 
The company discloses the proportion of hazardous waste treated to reduce pollution compared to total waste, the hazardous waste diverted from disposal and the waste directed to disposal.

No leading practices were identified for the company in the social inclusion and community impact  area.

Sustainability strategy and accountability 
While Aker Solutions discloses a 2021 materiality assessment, it does not report group-wide targets on key sustainability topics for the most material parts of its value chain. The company also links its annual variable pay scheme and long-term incentive scheme to renewables and low-carbon objectives but no evidence that the company links performance criteria in senior executives’ remuneration policies to targets which cover nature (including biodiversity), and social issues could be found in the public domain. Furthermore, the company does not disclose whether its highest governance body has expertise regarding nature-related topics.

Stakeholder engagement 
The company discloses an overview of the issues raised during its stakeholder engagement activities as well as how often and through which channels it engages with various stakeholder groups. However, it has an opportunity to disclose the outcomes of its stakeholder engagement activities and its integration into its sustainability strategy beyond its materiality assessmen

Lobbying 
The company does not report on its lobbying and advocacy practices on nature-related issues, nor whether these activities align with its sustainability strategy.

Impact and dependencies assessment
Aker Solutions has not holistically assessed its impacts or how it depends on nature, including biodiversity. It has an opportunity to start such an assessment across its value chains, focused on quantification of its impacts or dependencies. The company however discloses a 2022 target to map potential areas for biodiversity focus.

Key areas and species
The company discloses the locations that are in or adjacent to areas important for biodiversity within its own operations.

Ecosystem conversion and restoration
Aker Solutions does not disclose a commitment to ensure zero conversion nor does it disclose time-bound targets to achieve conversion-free supply chains. The company has a commitment to minimise ecosystem conversion. While the company discloses some activities to minimise ecosystem conversion, it does not disclose a commitment to restore ecosystems nor details and outcomes of ecosystem restoration projects in areas affected by its own operations or by its suppliers.

Resource exploitation and circularity
Aker Solutions does not disclose its inputs, including its material footprint. The company does not report quantitatively on its group-wide circularity performance. The company does not disclose activities to improve soil health or agrobiodiversity in its production or sourcing practices. The company does not disclose a target to improve soil health in its production or sourcing practices.

Water
No evidence that the company reduces water withdrawal across the company’s own operations was found. Aker Solutions has a strong opportunity to disclose a time-bound target to reduce water withdrawal across its own operations as well as how it engages with suppliers to reduce water withdrawal. Furthermore, the company does not disclose its processes for managing and monitoring discharge water quality nor does it regularly report on water pollution. Aker Solutions has an opportunity to disclose targets to reduce water pollution as well as a commitment to respect the right to water. The company also does not disclose its processes for implementing preventive and corrective action plans for identified specific risks to the right to water and sanitation in its own operations.

Solid and air pollution
The company is reducing the production of hazardous waste but no evidence that the company reduces plastic use and waste in its own operations was found. Aker Solutions has an opportunity to report on air quality parameters of emissions of harmful air pollutants as well as time-bound targets to reduce air pollutants across the most material parts of its value chain.

GHG emissions
Aker Solutions has a time-bound target to reduce its scope 1 and 2 emissions and reports progress against it. The company has yet to submit targets aligned with the SBTi process for review. The company also has a time-bound target to reduce its scope 3 emissions but does not report progress against it.

Invasive species
The company has not identified any activities that could lead to the introduction of invasive alien species in its own operations.

Safe, healthy, clean environment
The company does not disclose a commitment to respecting local communities’ right to a safe, clean, healthy and sustainable environment or to zero tolerance for acts of violence, threats, intimidation or judicial harassment committed against land and environmental rights defenders.

Indigenous Peoples’ and land rights
Aker Solutions does not disclose a commitment to respecting Indigenous Peoples’ rights or land rights of local communities.

The company describes the process for identifying its human rights risks and impacts in specific locations or activities covering its own operations. The company describes the process for identifying human rights risks and impacts in its business relationships. The company discloses most important prescriptions in the International Bill of Human Rights related to supply chain management, however, there is no evidence the company has identified what human rights are at risk of being impacted as a result of its operations, supply chains and financing activities and therefore there is no evidence of a process for assessing the saliency of these risks. The company takes measures to reduce human rights risks in its supply chain which is potentially more vulnerable to human rights risks, however, the company does not disclose what it considers to be its salient human rights risks and that is, therefore, unable to meet this element, which requires a global system to take action to prevent, mitigate or remediate its salient human rights risks, which must be transparently shared. No evidence that the company provides an example of the conclusions reached and actions taken or to be taken on at least one of its salient human rights issues as a result of assessment processes was found. While the company discloses the categories of stakeholders it engages with generally on sustainability issues, it is not clear if these stakeholders are those whose human rights have been or may be affected by its activities. While the company discloses its engagement with suppliers on human rights, there is no evidence that the company provides at least two examples of its engagement with stakeholders whose human rights have been or may be affected by its activities (or their legitimate representatives or multi-stakeholder initiatives) in the last two years.

The company has a publicly available policy statement which shows it is committed to respecting the health and safety of workers. While the company provides a statement expecting its suppliers to commit to respecting the health and safety of their workers, no evidence was found that it is a formal policy, approved and signed off by the highest governing body. No evidence that the company discloses a time-bound target for paying all workers a living wage or that it has achieved paying all workers a living wage was found. No evidence that the company describes how it determines a living wage for the regions where it operates was found. While the company states that it expects its suppliers to pay wages that are sufficient for workers and their families to fulfil their basic needs, it has an opportunity to disclose how it works to support the payment of a living wage by its suppliers. The company discloses the proportion of its total direct operations workforce covered by collective bargaining agreements. While the company states that it encourages its suppliers to respect employees’ right to freedom of association and the right to collective bargaining, it has an opportunity to describe how it works to support the practices of its suppliers in relation to those.

The company discloses a global tax strategy. The company takes steps to identify and address bribery and corruption. The company includes anti-bribery and anti-corruption clauses in its contracts with direct business relationships. The company outlines its approach to lobbying and political engagement but does not formalise this approach in a public policy document. The company states that it does not make political contributions but does not formalise this commitment in a public policy document.