Social

Safety is a core priority at Odfjell, guiding every aspect of operations at sea and onshore. The company maintains a strong safety culture built on proactive risk management, comprehensive training, and continuous improvement. This commitment is reflected in our safety and health policy, which applies to all entities, employees, directors, and other representatives of Odfjell. The policy sets a clear "zero accidents" objective, focusing on preventing personnel injuries through proactive measures. It aligns with the International Association of Oil & Gas Producers’ (IOGP) Life-Saving Rules and requires strict compliance with health and safety regulations, empowering employees at all levels to identify hazards, manage risks, and halt unsafe activities whenever necessary.

Employee well-being extends beyond physical safety, with programs designed to support mental health and overall wellness. The company fosters a culture of openness and reporting, encouraging everyone to contribute to a safer workplace through shared responsibility and active engagement.

With a truly international workforce representing many nationalities, Odfjell sees diversity as a source of innovation, strength, and resilience. We strive to build inclusive teams that bring together a wide range of skills, experiences, perspectives, and backgrounds. Our aim is to foster a workplace where everyone has equal opportunities to thrive and contribute.

We place particular emphasis on increasing gender diversity, especially in maritime roles that have traditionally been male-dominated. Our goal is clear: achieve a minimum of 30% gender representation at all levels by 2030. As of 2024, women made up 34% of the workforce at our Bergen headquarters.

To reach our ambitions, we have implemented policies and initiatives that promote gender balance, inclusive recruitment practices, and equitable career development. By embedding diversity and inclusion into our culture, we strengthen our organization and reflect Odfjell’s identity as a forward-looking global employer.

Gender equality analysis and reporting (this is suppposed to go to a report)

Odfjell prioritizes the health and safety of all workers, both in our own workforce and across the value chain. We report injuries and safety metrics for all operations where we are responsible for HSE performance, distinguishing between shore-based staff and crew on Odfjell-managed vessels. Our controlled fleet includes Fleet Bergen and Fleet Flumar (Brazil) with Odfjell crew, and Fleet OSM Thome, managed externally, where crew are classified under ESRS as value chain workers.

We aim for zero incidents and track key metrics such as Lost Time Injury Frequency (LTIF). Our approach combines preventive maintenance, hazard identification, and tailored training, with extra focus on higher-risk operations like external shipyards, ports, and third-party terminals. We also address security threats such as piracy and geopolitical risks. Through clear oversight, strict protocols, and close cooperation with partners, we safeguard all workers and keep health and safety central to our operations and sustainability efforts.

Odfjell is committed to respecting and upholding human and labor rights across all operations, both onshore, at sea, and in our value chain. This commitment forms the basis of our relationships with employees, suppliers, and affected communities, and is embedded in our code of conduct and human rights policy.

The code of conduct establishes the principles governing all aspects of our business, emphasizing high ethical standards, respect for human rights, and compliance with applicable laws. The human rights policy builds on these principles by explicitly addressing issues such as forced labor, child labor, and human trafficking. These policies align with leading international frameworks such as the UN Guiding Principles on Business and Human Rights and the International Bill of Human Rights.

We apply a structured human rights due diligence (HRDD) process based on OECD. This includes identifying, preventing, and mitigating potential adverse impacts on people through continuous monitoring and stakeholder engagement. A core part of this is the annual human rights impact assessment (HRIA), which informs our risk assessments and action plans. The HRIA has concluded that the risk of exploitative labor within Odfjell’s direct operations is low, due to strong recruitment practices, local oversight, and internal controls.

Odfjell recognizes that its operations can impact workers across the value chain, a risk identified through annual corporate human rights impact assessments (HRIA) and ongoing risk evaluations. These assessments help us identify, monitor, and address potential and inherent human rights impacts, with particular attention to upstream activities such as shipbuilding, maintenance, and dry-docking, as well as downstream activities like ship recycling. Risks also extend to workers at ports, external vessel crews aboard time-chartered and pool vessels, and those involved in raw material extraction and fuel production.

To manage these risks, Odfjell engages directly with stakeholders, enforces supplier accountability through our code of conduct, and implements targeted measures to protect labor rights. This proactive, structured approach embeds human rights into our value chain strategy, safeguards worker welfare, and promotes a fair and socially responsible transition to sustainable shipping.

Odfjell invests heavily in the growth and development of its people, offering training programs for both seafarers and onshore staff. These initiatives are designed to enhance skills, support career progression, and ensure that employees are equipped to meet evolving operational and regulatory requirements.

Digital learning platforms make training more accessible, enabling employees worldwide to participate in courses and programs. Leadership development and succession planning are also key priorities, ensuring that Odfjell continues to build a strong, capable, and engaged workforce for the future.