Sustainability report issued by Helmerich and Payne

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Helmerich & Payne, Inc. suggested in its 2023 Sustainability Report released this week that it might go even further than reducing its GreenHouse Gas emissions, a practice it’s done since 2021.

In the new report, the Tulsa-based company explained it sets CARE or Control and Remove Exposures goals every year as part of environmental impact steps.

“As determined internally, we may expand our Environmental ACGs to include goals on items other than GHG emissions in
the future. Each ACG is supported by a set of key results which help us achieve our goals,” stated the company.

The report also included a reference to DEI, diversity, equity and inclusion.

“We believe that attracting and retaining a strong and
diverse workforce across our organization reflects our
core values and plays an important role in determining
the success of our business. We are focused on developing a diverse, motivated, and responsible employee base
across the U.S.,” stated the report.

“We aim to achieve this by utilizing diverse panels of
interviewers and leveraging company training for
leaders on unconscious bias.”

“As we move forward, we further refine and improve our report, providing transparency to stakeholders not just around our non-financial data, but also highlighting how we operate as a company,” stated President and CEO John Lindsay.

“In fiscal 2023, in addition to achieving financial successes, we also recognized non-financial achievements which are highlighted in the report.”

John Lindsay, president and CEO of H&P


The report contains information on various sustainability programs including environmental, safety, DE&I, and governance metrics. Besides updating our relevant reporting data for fiscal 2023, the Company has included the addition of a long-term Greenhouse Gas emissions reduction target, made improvements to our environmental management system, and updated our Quantitative Scenario Analysis

. The report continues to align with leading sustainability reporting frameworks, including the Sustainability Accounting Standards Board (SASB), the Global Reporting Initiative (GRI), and the Task Force on Climate related Financial Disclosures (TCFD). A copy of H&P’s 2023 Sustainability Report and related performance data can be downloaded here.

Source: Business Wire