Ethics and Integrity
Reinforcing Ethical Practices
Compliance Checks and Training Practices
Compliance at Superior 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 conduct business with reputable suppliers and perform risk based due diligence on them using a third-party screening platform. We assess factors such as country of origin, sanctions exposure, and other relevant criteria. This process enables us to classify suppliers as low, medium, or high risk. We also monitor regulatory developments and update our screening criteria as needed. As the business continues to grow, we are enhancing our risk assessment processes to maintain consistent and thorough evaluation of suppliers and potential acquisitions.
Enterprise Risk Management in Process
Superior has grown significantly over the past few years. As we've grown, our senior management established a comprehensive enterprise risk management (ERM) framework designed to scale with the organization. The framework is integrated into our management approach and helps identify and address significant risks at both the enterprise and business unit levels. Because we operate globally, we apply an additional layer of review and vetting to manage risks specific to international operations.
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 outlines the policies and procedures addressing these issues across the jurisdictions in which we operate. Additional information is available 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 Cybersecurity
We maintain a Data Protection Policy governing the collection, use, and management of personal information. Employees are expected to understand and comply with the policy as it applies to their work.
As Superior continues to grow through acquisitions, integrating new employees into our cybersecurity practices is an important onboarding priority. All new employees are expected to complete cybersecurity training within their first year. In the most recent reporting period, 1,670 users completed training, achieving an overall participation rate of 100%. At select locations, training has also been delivered in person by local leadership. Based on positive feedback, we are expanding in-person training to additional sites.
Download Our Data Protection Policy
Supplier Compliance and Code of Conduct
Our suppliers and business partners are integral to our operations. We select partners through a structured process and maintain relationships grounded in our Shared Core Values, including Fairness and Respect. We communicate our expectations clearly and monitor supplier adherence to our standards and contractual obligations. Concerns may be reported through multiple channels, including our 24-hour confidential hotline administered by an independent third party.
Ethical Sourcing of Materials
Superior Energy prioritizes the responsible sourcing of materials used in our supply chain. To that end, we maintain a Conflict Minerals Policy to guide due diligence related to gold, tin, tungsten, and tantalum present in our supply chain, as these materials have been linked to civil conflict and human rights abuses.
Scaling a Sustainable Future
Our third annual Sustainability Report summarizes our ongoing practices to execute our sustainability plan and address topics that are material to our global business, stakeholders, and strategic priorities.
