Environmental Focus
The UN Global Compact is a strategic policy initiative for businesses that are committed to aligning their operations
and strategies with ten universally accepted principles in the areas of human rights, labour, environment and
anti-corruption. By doing so, business, as a primary driver of globalization, can help ensure that markets, commerce,
technology and finance advance in ways that benefit economies and societies everywhere. This ever-increasing understanding
is reflected in the Global Compact's rapid growth. With over 8700 corporate participants and other stakeholders
from over 130 countries, it is the largest voluntary corporate responsibility initiative in the world. The Global
Compact is global and local; private and public; voluntary yet accountable.
The Global Compact incorporates a transparency and accountability policy known as the Communication on Progress
("COP") which is mandatory to communicate to our stakeholders. In 2002, certain operations within our Reservoir
Description business segment joined the UN Global Compact.
Consistent with the requirements of Global Compact membership, it is the policy of Core Lab to conduct our business
in a manner uniform with applicable environmental regulations. In areas where environmental regulations do not
exist, we will exercise practical care in its efforts to protect employees and preserve the environment.
Country managers will manage their business in a manner consistent with established company policies and applicable
laws and regulations.
Managers have a responsibility to maintain a safe working environment for their employees and to implement programs
and procedures as necessary to ensure that their operation meets the environmental goals of the company and applicable
regulatory requirements.
We provide guidance to managers and employees regarding environmental issues. We provide for employee training and conduct audits to ensure compliance.
Each employee will be responsible for performing their job function with constant consideration of our commitment to this policy.
Sustainability Management
Core Laboratories sustainability management system focuses the Company’s efforts to reduce our environmental footprint, increase performance and improve the sustainability of our Company.
It is a conviction that these principles drive Company success by reducing waste, consumption of non-renewable resources, and even the cost of operations.
These principles make our Company stronger, socially responsible, efficient and profitable well into the future.
Respecting and Minimizing Community and Environment Impact
We recognize the diversity the communities and people where we operate. We commit that we will act
responsibly and will obey all applicable laws, minimize the impact of our operations on
the environment, protect the communities' health and safety and respect cultural backgrounds.
Our operational footprint is primarily its office buildings and laboratories rather than field locations.
Our six Advanced Technology Centers (“ATC”) located in Aberdeen, Abu Dhabi, Calgary, Houston, Kuala Lumpur, and Rotterdam
along with our Production Enhancement manufacturing facility in Godley, Texas comprise our more significant operating locations. The primary type of energy consumed by these facilities is electricity. However, low-carbon emission natural gas also consumed for heating the facilities in some regions.
We may choose responsible alternative sources of electricity when there are options available, in contribution to our efforts to reduce greenhouse gas (GHG) emissions. For example we may have the option to use electricity from a renewable source in place of electricity generated from a non-renewable source, such as coal. A second alternative may be an option to elect electricity sourced from natural gas (reduce GHG emissions) compared with electricity sourced from coal. As natural gas continues to be one of the most environmentally friendly and cost efficient fossil fuel sources of electricity, this reduces our environmental footprint.
We also consume fuel to operate field vehicles, however this is limited to our staff working in the field, and is not a significant emission component of our total operations.
Our operations outside of our offices are conducted on our clients’ property. Although those operations are not conducted within our own facilities while we are on our clients’ property, we continue to follow our corporate policies regarding health and safety as well as our Code of Ethics and Corporate Responsibility. For the most part, we remain in our locations for extended periods of time, decades in many cases. In the event we do leave a particular location, we ensure that the land and building are properly put back to their agreed condition. We also take steps to ensure that any potential environmental conditions have been dealt with as required by local regulation and standards.
Given that we do not have locations under our control that are in a natural, rural environment, we do not have programs regarding restoration or rehabilitation of natural lands.
Company Environment Goals and Achievements
With respect to our six ATCs, our Aberdeen facility continues to lead our effort in reducing our energy consumption and reduce our GHGs by completing their ISO 14001 Environmental Management system certification audit and setting aggressive targets to reduce energy consumption and surpassing those targets.
Operational and Value Chain Footprint
To better understand the Company impact, we
engaged Trucost, a sustainability data company.
With their expertise, we are able to assess Core
Lab's operational and value chain greenhouse
gas emissions in line with the WRI/WBCSD
Corporate Standard (Scope 1 and 2) and
Corporate Value Chain (Scope 3) Guidelines
(GHG Protocol). The assessment allows us to
report Scope 1, 2 and 3 GHG emissions in annual
accounts and to the CDP Climate Change
Questionnaire.
We have already been reporting company-wide
Scope 1 and 2 GHG emissions to the CDP since
2014. Currently, we use estimates of companywide
emissions based on our sector of
operation and revenue for reporting purposes.
Engaging Trucost allows us to improve our
operational (Scope 1 and 2) GHG emission
quantification methodology by integrating
primary data. Furthermore, Trucost quantified
Scope 3 GHG emissions according to the fifteen
Scope 3 categories outlined in the Guidelines to
help understand and disclose its Scope 3
emissions for the first time. This operational
and value chain GHG emission footprint will
focus on our six Advance Technology Centers
(ATCs) which comprise our more significant
operating locations.
Finally, Trucost has helped us set science-based
targets for its Scope 1 and 2 emissions. Science
based targets aim to help companies to work
towards limiting the increase in global average
temperatures to below 2°C, a limit agreed upon
by leading climate scientists and governments
to ensure long-term sustainability and
profitability.
CDP Discloser
The CDP Score Report allows companies to understand their score and indicate which categories require attention to reach higher scoring levels. This
enables companies to progress towards environmental stewardship through benchmarking and comparison with peers, in order to continuously improve their
climate governance.
Core Laboratories Inc. received a C which is in the Awareness band.
This is same as the Europe regional average of C, and higher than the Industrial support services sector average of D.
CDP Climate Change Questionnaire 2020