Environmental, Social & Governance (ESG)
IADC and its Member companies commit to helping the world obtain the reliable and affordable energy it needs in the most environmentally and socially responsible way possible.
We support global action and transparency in delivering solutions mindful of environmental impact and greenhouse gas (GHG) emissions, proactively engage with and develop the communities in which we operate, build diverse and equitable organizations that encourage personal growth, and create strong governance structures that identify and address risk to company and industry stakeholders.
At the forefront of a commitment to environmental stewardship is technology and innovation. The drilling industry has proven time and time again it will not rest when it comes to the development and application of solutions aimed at reducing emissions, spill prevention and management, and alternative fuel usage. Many of IADC’s Committees and Conferences offer opportunities for Members to share best practices and collaborate on the development of solutions to address environmental concerns.
IADC was formed in 1940 from the belief that the industry needed a collective voice to represent its interests. Advocating for sensible regulation has remained at the cornerstone of IADC activities over the past eight decades.
Industry experts continue this work today by coming together on IADC Committees like Ethics and Tax to share best practices, develop solutions, and ensure that IADC and the industry stay true to core values.