Ethics and Integrity
Reinforcing Ethical Practices
Compliance Checks and Training Practices
Compliance at Superior Energy includes reinforcing strict business ethics and practices in our dealings with partners, suppliers, and third parties. We provide employees with education and training on key compliance topics, including ethics principles, conflicts of interest and anti-corruption.
Managing Third-Party Risk Profiles
We strive to do business with reputable suppliers. Prior to engaging a new supplier, we use a due diligence software platform to assess various factors such as a company’s country of origin, the presence of sanctions, and other key criteria. This allows us to classify each supplier as low, medium, or high-risk. As Superior Energy continues to grow, we seek to enhance our risk assessment process, ensuring thorough due diligence when evaluating potential suppliers and acquisitions.
Enterprise Risk Management in Process
Superior Energy has grown significantly over the past few years. As a result, our senior management has implemented a comprehensive enterprise risk management (ERM) framework. Our ERM framework is woven into the fabric of our management approach and helps identify and mitigate significant risks at both the enterprise and business unit levels. Since we operate globally, we apply an additional layer of review and vetting to mitigate international risks.
Integrity to the Core
We conduct ourselves and our business affairs with honesty and integrity and do not tolerate illegal or fraudulent activities.
Business Ethics and Integrity
Our Anti-Corruption and Bribery Policy provides a comprehensive overview of the policies and procedures addressing these critical issues across many jurisdictions in which we operate. You can read more about these policies on our website.
Whistleblower Protection
The Superior Energy Hotline is available 24 hours a day, 7 days a week, and is operated by trained independent third-party specialists. These specialists answer questions, document concerns, and then forward a written report to the Ethics and Compliance Department for further investigation.
Governance Policies
Data Privacy and Protection
We maintain a comprehensive Data Protection Policy governing the collection, use, and management of company information. Employees are expected to learn and comply with the terms of the policy as it applies to their work processes.
Download Our Data Protection Policy
Supplier Compliance and Code of Conduct
Our suppliers and business partners are vital to our success. We carefully select our partners through a structured process, maintaining these valuable relationships built on our Shared Core Values, notably Fairness and Respect. Equally important is our work to help our suppliers understand and meet our expectations. We monitor and address any concerns regarding a supplier’s adherence to our standards or contractual obligations. One avenue for reporting such concerns is our 24-hour confidential hotline, administered by an independent third party.
Ethical Sourcing of Materials
We prioritize ethical sourcing of materials used in our supply chain. To that end, Superior Energy has developed a Conflict Minerals Policy to guide our due diligence regarding the limited amounts of gold, tin, tungsten, and tantalum present in our supply chain, as these materials have been linked to civil conflict and human rights abuses. Each year, we conduct internal due diligence to identify potential exposure to these materials, verify sourcing from approved smelters, and remediate any deficiencies.
Building a Sustainable Future
Our second annual Sustainability Report summarizes our ongoing efforts to implement our sustainability plan, addressing topics that are material to our global business, stakeholders, and strategic priorities.
