Weatherford is focused on implementing world-class, reliable, durable, efficient, safe, and environmentally responsible practices, products, and services.
We are passionate about the work we do and the people with whom we do it. We are driven to do things the right way, the first time, every time, for the right reasons. We are accountable for our individual actions, for the consequences of our decisions, and for our collective achievements because we understand that at our core, success without respect and integrity is not success at all.
Weatherford is a global company that helps to provide energy to the world for today and tomorrow while ensuring benefits for all of our stakeholders through responsible operations, sustainable performance, world-class people, and global citizenship. We are guided by our operational principles and Code of Conduct and will operate our business of providing services to the upstream oil and gas industry in an ethical, safe, and profitable manner.
Weatherford considers material Environmental, Social, and Governance (ESG) issues to be those which pose the greatest potential risk to our business, and are important to our key stakeholders including our employees, customers, and shareholders. In 2016, we strengthened our existing process for assessing materiality by canvassing a broader range of internal and external stakeholders and extending sustainability issues across the whole value chain.
In the sixth annual monitoring and analysis of S&P 500 Index® company sustainability reporting, just completed by theGovernance & Accountability Institute research team, the findings are that eighty-two percent (82%) of the companies included in this important investment benchmark published a sustainability or corporate responsibility report in the year 2016.
Consumers could outspend utilities in the adoption of solar, storage, electric vehicles and other distributed energy resources (DERs), making it essential for utilities to track and integrate these DERs into their planning processes to benefit their customers and the grid. That is one of the key findings of a new case study from Black & Veatch and SEPA, which details the efforts of the Sacramento Municipal Utility District (SMUD) to create such an integrated DER planning process.
Specifying fields of action - We evaluate a variety of sources in order to obtain as precise a picture of our stakeholders’ concerns as possible. This involves evaluating readers’ feedback regarding this report; surveys of customers, employees, and interest groups; workshops in the specialist units; dialogs with individual stakeholder groups; and events such as the “Daimler Sustainability Dialogue.”
TD Bank Group released its 2016 Corporate Responsibility Report, showcasing the bank's commitment to building stronger communities and supporting the transition to a low-carbon economy.
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