Dril-Quip is actively engaged in helping the world transition to a low-carbon future.
We recognize that climate change is an issue that warrants attention across all aspects of our business. We are committed to environmental stewardship by actively engaging in sustainable practices throughout our operations and doing our part, as a member of the greater energy industry, to deliver products that allow our customers to responsibly provide greater access to affordable, reliable energy for people everywhere.
Sustainability has always been at the core of our operations. We believe that our technology enables our customers to reduce their carbon footprint, minimize environmental and safety risks and enhance operational efficiency.
Dril-Quip recognizes the impact that interaction with the environment has on the quality of life now and in the future worldwide. As a Participant of the United Nations (UN) Global Compact, we support the organization's Ten Principles on human rights, labor, environment, and anti-corruption.
Given our global operations, we are committed to finding ways to drive environmental responsibility across our organization and making progress towards addressing two of the UN's Sustainable Development Goals (SDGs) – SDG 7 Affordable and Clean Energy and SDG 13 Climate Action – within our Company and for our customers.
We believe technological innovation is the key to improving energy efficiency and providing people around the world with universal access to reliable, affordable, clean energy. It spurs economic growth and enhances the standard of living for all, creating employment opportunities and improving health globally.
We will continue in our ongoing mission to develop differentiating solutions that help our customers achieve their carbon reduction targets, while finding ways to lower emissions from our own manufacturing operations.
With R&D deeply engrained in our Power of e™ culture, we have engineered our e-Series products to be Green By Design™ and enable our customers to lower their costs, adhere to best-in-class health and safety standards, and help reach their carbon reduction targets.
As the market becomes increasingly focused on energy transition, we are aligning our capabilities and dedicating R&D resources to bring higher levels of innovation to the energy transition initiatives of our customers. As a company, we are driven to meet the complex challenges facing the energy industry, now and in the future, and we have designed our climate change objectives to similarly aspire to drive positive climate impact.