Our Strategy for Sustainability
To support our ESG efforts, we have integrated the Sustainability Accounting Standards Board (SASB) and
the Global Reporting Initiative (GRI) standards to provide our investors and stakeholders with a comprehensive
corporate reporting framework across the full range of enterprise value drivers to measure our
sustainability performance. Our disclosures are based on:
SASB – Oil and Gas Services, 2018 Sustainability Accounting Standard
GRI 11: Oil and Gas Sector, 2021 Standards
These standards provide industry-specific disclosure topics and metrics that are tied to our organization’s
ability to create long-term value for our stakeholders.
Additionally, these standards address sustainability-related risks and opportunities reasonably likely to affect our organization’s financial condition, operating performance, risk profile, market valuation, and cost of capital.
By modeling our program after and utilizing the frameworks listed, we are confident we are progressing
based on industry leading best practices. In Appendix A, we map our disclosures to the GRI standards and
the SASB guidelines. As we improve our methods of data collection and reporting, we are committed to
providing accurate and transparent data relevant to our company and industry sustainability factors.