Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental and Social Benefits of Our Solutions
• Energy Transition
• Energy Use
• Water Use
• Waste Management
• Employee Health and Safety
• People Practices
• Community Investment
• Corporate Governance
• Ethics
• Anti-corruption
• Responsible Value Chain
• Cybersecurity

Environmental Achievements

• Repeat Precision recycled 93% of its waste in 2022.
• AirLock system saved an average of 10 hours of rig time per well, providing almost $15 million in savings over three years and 576 wells.
• PurpleSeal™ composite plugs can be drilled out in approximately six to eight minutes, a fraction of traditional metal plug drillout times.
• Innovus frac sleeves enable the “Shift-Frac-Close” process, eliminating future interventions to clean out produced frac sand (up to 22 tonnes of sand per well).

Social Achievements

• 2022 employee survey showed 92% of respondents are proud to work at NCS.
• Provided 25 engineering internships.
• Maintained a strong anti-harassment policy and provided anti-harassment training.
• Supported various community groups such as Hockey Helps the Homeless, STARS, Habitat for Humanity, and cancer research foundations.

Governance Achievements

• Established a third-party whistleblower hotline.
• 51 NCS employees completed anti-corruption training in 2022.
• Implemented a comprehensive board assessment process.
• Maintained a Code of Business Conduct and Ethics.

Climate Goals & Targets

Environmental Challenges

• Data availability limitations, currently not reporting utility information (energy, natural gas, and water) for leased facilities.
• Increased energy use in 2022 due to a rise in activity.
• Increased water use in 2022 due to a rise in industry demand.
• Cybersecurity risks from phishing schemes and potential supplier vulnerabilities.

Mitigation Strategies

• Implementing energy conservation strategies such as consolidating operational facilities, transitioning to LED light bulbs, and introducing motion-detection lights.
• Reusing recovered water from plug manufacturing to cool machinery.
• Implementing secure systems aligned with NIST Cybersecurity Framework and CIS Top 20 Critical Security Controls.
• Regularly educating employees on how to recognize phishing scams and conducting regular tabletop exercises for cyber risk response and business continuity plans.

Supply Chain Management

Supplier Audits: Regular review of goods suppliers for human and forced labor rights, denied-party status, and restricted party screening.

Responsible Procurement

• Treating vendors and customers as partners; working with respectful, responsible suppliers.

Climate-Related Risks & Opportunities

Physical Risks

• Severe weather conditions

Transition Risks

• Changes in legislation or regulation governing the oil and natural gas industry, including restrictions on emissions of greenhouse gases; shift to more non-traditional energy markets.

Opportunities

• Applying technologies and expertise to geothermal and solution mining industries.

Reporting Standards

Frameworks Used: SASB

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• AirLock® Casing Buoyancy System
• PurpleSeal Express™
• Innovus™ Fracturing System
• Terrus™ Injection System

Awards & Recognition

• Not disclosed