Weatherford 2016 Annual Report

Weatherford's digital and interactive 2016 Annual Report shares the Company’s strategic achievements throughout 2016 and discusses its priorities for the coming year. The report features a robust sustainability section which introduces the Company's Sustainability Committee and highlights its steadfast commitment to environmental, social and governance responsibility. https://weatherfordannualreport.com/our-sustainability/

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Awards, Ratings & Rankings

Weatherford 2016 Digital Annual Report Wins Silver at International Business Awards
Weatherford International plc (NYSE: WFT) today announced it has been named the Silver Winner of the Best Annual Report – Online/Electronic category at the 14th Annual International Business Awards (IBA). This is the third consecutive year Weatherford has received recognition in this category.

Awards, Ratings & Rankings

Striving for Flawless Execution
We strive for flawless execution. We aim to deliver maximum value to our customers and achieve the highest levels of safety and service quality. In 2016, we received four API Q2 certifications – the highest international standard for quality management systems.

Environment

Weatherford's Sustainable Performance
Weatherford is focused on implementing world-class, reliable, durable, efficient, safe, and environmentally responsible practices, products, and services.

Supply Chain & the Circular Economy

Weatherford Holds Suppliers to High Standards
Weatherford requires suppliers to adhere to ethical business standards.

Responsible Business & Employee Engagement

Weatherford's Business Transparency and Ethics
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.

Research, Reports & Publications

Letter from Weatherford's Sustainability Committee
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.

Energy

Weatherford Addresses Material Environmental, Social, and Governance Issues
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.

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