ESG | Social

We invest in the safety, wellbeing, and growth of our employees, customers, and communities.

We Care for People

We are invested in the safety, wellbeing, and growth of our people across our diverse, global workforce. We are committed to creating a safe, prosperous environment for our customers and their employees through our responsible operations, services, and equipment offerings. We believe that giving back creates a continued positive impact while perpetuating stronger ties within our communities.

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Employee smiling with NOV workwear

Health and Safety Culture

We protect the health and safety of all stakeholders, and our core values reflect our commitment to this objective. We consistently work to ensure that our employees, at all levels, prioritize safe operations to protect themselves and those around them, as well as our neighboring communities.

NOV employees with instructor on job site

Workforce Training and Education

We know that our people drive our success. By investing in opportunities for employee education, we strengthen our employees’ potential from within while improving their work experience. From interactive group sessions to online training opportunities, we offer a variety of programs to support our employees’ growth.

Community youth at P&ES event

Community Investment

By investing in communities where we live and work, we create meaningful and positive impacts in the places we call home. Community investment for P&ES include provision of volunteer hours and donations to non-profit organizations that benefit or bring awareness to our core focus areas of science, technology, engineering, and math (STEM), human health, and social services.

Group of rig technicians

Diversity

Our success depends on the thousands of individuals who deliver P&ES services and innovative technologies at locations around the world. Our responsibility, and our promise, is to support employee growth and champion our collective drive. By increasing organizational awareness and promoting diversity, our core values inspire us to maintain an inclusive, employee-first culture throughout our entire global family.

Safety-Focused Technologies

INFORMATION TRANSPARENCY

We are responsible for ensuring that stakeholders have access to accurate information in order to make sound decisions. P&ES strives to comply with all legal requirements in order to follow the best international practices in this field.s.

Our Rules of business ethics and conduct provides the foundation for information transparency and ensures that the company's oral and written communications with stakeholders are lawful, accurate and professional. Access to information and financial transparency are critical components of the corporate governance system, as are the protection of the company’s interests and confidential information.

In addition, the company uses its official web-site and social media networks to provide the public with objective information about its operations and maintain sound communication with stakeholders. Press releases about the company’s production, financial and non-financial performance, as well as reports on sustainability and financial statements, are regularly published on the company’s web-site.

AWARENESS AND COMMUNICATION

We believe that anti-corruption awareness and training are a critical component of corruption prevention. All P&ES Group employees are regularly trained on the rules of ethical conduct and encouraged to avoid illegal actions. The company regularly implements special training programs aimed at preventing corruption. Such training is provided both to our own employees and contractors. To properly understand the culture of bribery, new hires are familiarized with anti-bribery provisions during their foundation training program.

Special training programs aimed at preventing bribery are regularly updated to reflect changes in the law. In addition to the training programs, any employee may seek advice on anti-corruption policy, ethical conduct, confidentiality and similar issues from the officer responsible for the organization and compliance with ethical and regulatory requirements.

P&ES pays special attention to the development of an effective method of reporting alleged or actual violations in order to prevent illegal actions, minimize the risk of corruption and fraud, and eliminate other forms of unlawful conduct. In particular, the company has implemented the Reporting procedure in accordance with best United States practices of corporate governance. The goal of this procedure is to furnish employees with a methodology for reporting actual or suspected cases of bribery, corruption or unlawful conduct and support them in implementing the “report a violation" and “growing concern" principles.