Climate Change Data

NexTier Oilfield Solutions

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:56,468 tCO2e (Jan 1 - Sept 30, 2021)

ESG Focus Areas

  • Low cost, low emissions strategy
  • Human Rights
  • Community engagement
  • Governance

Environmental Achievements

  • Displaced 16,745,436 gallons of diesel, reducing CO2e emissions by 56,468 tons and equivalent car miles by 141,749,345 (Jan 1 - Sept 30, 2021)
  • Acquisition of Alamo Pressure Pumping, expanding dual-fuel fleets
  • Launched Power Solutions, a natural gas fueling business, resulting in a 44% increase in diesel displacement and emissions reduction (Jan 1 - Sept 30, 2021)

Social Achievements

  • Adopted a Human Rights Policy based on UN Guiding Principles and Universal Declaration of Human Rights
  • Provided focused leadership training to front-line supervisors and managers
  • Supported community initiatives such as blood drives, Houston Food Bank, and Blue Santa program

Governance Achievements

  • Expanded the Board of Directors to 10 members, appointing Bernardo Rodriguez with expertise in digital transformation and AI

Climate Goals & Targets

Environmental Challenges

  • Industry recovery from a historic downturn
  • Meeting rapid demand shifts
  • Impact of pipeline capacity constraints and adverse weather
Mitigation Strategies
  • Strategic acquisitions (Alamo Pressure Pumping)
  • Investment in emissions-reducing equipment and technologies (88% of non-maintenance capital expenditures as of Sept 30, 2021)
  • Development of Power Solutions for natural gas fueling

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct (addressing labor and human rights, health and safety, integrity and compliance)

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products and services

Sustainable Products & Innovation

  • Dual-fuel hydraulic fracturing fleets
  • Electric frac system