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.
Sustainable Brands® recently announced Detroit Ento as the winner of the Sustainable Brands Innovation Open (SBIO) startup competition, co-sponsored by Whirlpool and with technology provided by YouNoodle and awards provided by Rivanna Natural Designs. The competition, culminating at SB’17 Detroit, May 22-25, attracted world-changing entrepreneurial teams with unique ideas to solving some of the world’s pressing environmental and social concerns.
SABIC’s 2016 Sustainability Report, the sixth published by one of the world’s largest suppliers of chemicals, is an enormous achievement. For the first time, SABIC handed the report out alongside the Annual Report at its Annual General Meeting: an accomplishment that could only be achieved with the full support of stakeholders throughout the organization.
Over the next two days, 15 bikers will ride 240 miles from Benton Harbor to Clyde, Ohio. The intention is to raise money for the two United Way organizations prevalent in each city. While some of the bikers work in Ohio and others work in Benton Harbor, they all come from the same home appliance maker.
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.