Stakeholder Focus Areas Dril-Quip® Engagement
Communities
  • Community engagement
  • Diversity and inclusion
  • Human rights
  • Water and waste management
  • Biodiversity
We seek to have a positive impact on local communities where we operate. We recently became a sponsor of the ASME Inspire STEM education program and have contributed to other local community projects that support access to clean energy, healthcare and infrastructure in the local communities where we operate.
Customers
  • Low carbon footprint
  • Energy efficiency
  • Product quality
  • Technological innovation
  • Supply chain resiliency
  • Risk and crisis management
Dril-Quip® has always been in the business of enabling and empowering customers to work faster, smarter and safer while improving well economics and reducing environmental, safety and operational risks. We work closely with our customers to understand their needs and collaborate to build solutions based on their feedback. As a result, our Green by Design™ initiative was created to provide innovative products that support our customers' goal to achieve carbon neutrality. That is the Power of e.
Employees
  • Diversity and inclusion
  • Workplace health and safety
  • Talent retention and outreach
  • Employee engagement
  • Employee training and resources
  • Risk and crisis management
We highly value and support the professional development of our international workforce and regularly communicate with employees regularly through global town hall meetings. Our employees represent 29 unique nationalities, so supporting diversity and inclusion is very important to us. We also pride ourselves on having industry-leading HSE standards that help us progress towards our target of GOAL ZERO.
Investors
  • Business/financial performance
  • Environmental impact
  • Diversity and inclusion
  • Workplace health and safety
  • Product quality
  • Regulatory and public policy management
  • Corporate governance
  • Risk and crisis management
  • Business ethics and transparency
We communicate often and directly with our stakeholders. We actively engage with them through SEC filings, press releases, regular calls and investor meetings, annual shareholder meetings, fireside chat webcasts, and energy conferences, presentations, and events.
Suppliers
  • Data privacy and security
  • Diversity and inclusion
  • Human rights
  • Workplace health and safety
  • Product quality
  • Supply chain sustainability
  • Business ethics and transparency
We foster relationships with a diverse group of suppliers and engage with various community groups to build local content relationships. We comply with standards and regulations by conducting regular supply chain audits.
Governments
  • Environmental impact
  • Human rights
  • Regulatory and public policy compliance
  • Business ethics and transparency
As an international company, we actively engage with and monitor the rules and regulations in the regions and countries where we operate.
Non-Governmental Organizations
  • Environmental impact
  • Human rights
  • Health, safety, and wellness
  • Business ethics and transparency
We regularly consult with various non-governmental organizations (NGOs) to gain valuable information and perspectives on relevant environmental and social issues.