Major environmental incidents
Controlling the risk of major environmental incidents is
inherent in the Groupʼs businesses, particularly in the
oil, offshore and tanker business. The risk is mitigated
through training, environmental management systems,
oil spill procedures, membership of cross industry response
organisations, double hull policy and by taking
limited equity shares in operations in high risk areas.
Where activities are performed in cooperation or joint
ventures and the Group is not in full control of the activities,
the Group constantly seeks to protect sustainable interests
and values through cooperation and shareholder
agreements, etc.