Committed to Our Employees and Our Communities
Our Core Values of Safety, Respect, Integrity, Accountability and Excellence lay the foundation that defines how we provide a positive impact on all our stakeholders, including our employees, customers, suppliers, and communities we operate. We are proud of the Newpark culture and firmly believe our accomplishments and future long-term success are deeply rooted in our Core Values and our commitment to continuous improvement.
OUR GREATEST ASSETS ARE OUR PEOPLE
Newpark recognizes our greatest assets are our people, and our long-term sustainability depends on our ability to attract, motivate, engage and retain the highly talented individuals that make up the Newpark Team. We appreciate our people and their achievements as we recognize they are integral to fully implementing our business strategy, which directly translates to improving our long-term profitability and increasing shareholder value. We are also aware that now, more than ever, acquiring exceptional talent into our workforce is increasingly important as we continue to raise the bar with innovations in technology and exceptional customer service.
Central to the discussion on our commitments are our Core Values: Safety, Respect, Integrity, Accountability and Excellence. The following are some of the key areas demonstrating those:
• Diversity and inclusion
• Talent acquisition and retention
• Total rewards
SAFETY IS PARAMOUNT IN EVERYTHING WE DO
The delivery of exceptional service begins with safety. For both Newpark and our customers, a strong safety culture is critical to our success and as such, we recognize our responsibility to continuously foster a shared dedication to safety across all of our global operations.
Safety is integrated into every step of operations, and we work continually to ensure it is at the core of our corporate culture. Our management systems and associated policies and procedures depend upon the actions of individuals for them to be effective and successful, and every individual in the organization has a role to play. Our employees are properly trained in all safety guidelines and requirements and actively engaged and empowered through programs such as Stop Work Authority.
GIVING BACK TO OUR COMMUNITIES
Newpark believes in giving back to the communities in which our employees work and live. We invest in philanthropic endeavors via volunteer hours as well as charitable contributions, and we believe corporate and social responsibility are key in demonstrating our Core Values and commitments. Below is a sample of some of the global organizations that we are proud to partner with to give back to our communities:
COMMITTED TO A DIVERSE AND ETHICAL SUPPLY CHAIN
As a global company, our supply chain reflects the complexity associated with international operations as well as our approach and discipline. We recognize the highest standards must be maintained irrespective of local practices and these disciplines are not only critical to the success of our business but to the success of our customer’s business.
Our global Supply Chain team works to ensure Newpark’s competitive advantage by sourcing, manufacturing and distributing quality products and services that offer our customers the highest value for their spend. Achieving this requires continued efforts toward implementing best-in-class supply chain practices, establishing a unified approach to all supply chain partners (both internal and external), and following up to confirm compliance with our rigorous quality, operational, and ethical standards.
Newpark is committed to a diverse supply chain. We are dedicated to selecting and utilizing small, local and diverse businesses to provide products and services that support our day-to-day operations and local economies. Our vendors include small businesses owned and/or operated by women, minorities, veterans, and historically underutilized businesses (HUB), and we look for opportunities to partner with those who may be disadvantaged to accurately represent the communities in which we operate.