Sustainability

Position Statement

Valaris is committed to providing responsible solutions that optimally balance environmental, social, economic, and energy needs for society. We are a proud supporter of sustainable development for the oil and gas industry. We hold our ongoing relationships in high regard with the National Ocean Industries Association’s (NOIA) ESG Network, and the International Association of Drilling Contractors’ (IADC) Sustainability Committee.

Bold Sustainability

Valaris exemplifies a purpose and set of values that is focused on ethical behaviors, the protection of people, and minimizing our impact to the environment to provide/deliver responsible energy solutions to the world. A strategic focus on sustainable business practices along with our continuous improvement efforts propels us forward to safeguard and advance local communities, our customers and employees, and the environment.

Core Value at Valaris: Stewardship

Safeguarding where we work for the next generation

We care for the environment and the communities where we operate. We are entrusted to responsibly manage our company assets and resources. We are committed to delivering sustainable financial performance.

Reducing CO2 emissions from the Company’s operations

Implementing technology solutions that positively contribute to the Paris Agreement goal to limit global warming to 1.5 degrees Celsius, compared to pre-industrial levels

Increasing the diversity of the Company’s workforce with the aim of providing local employment for the benefit of the communities in which we work