ESG | Governance

Our stakeholders—including our people, customers, suppliers, business partners, shareholders, and local communities around the world—depend on us to consistently demonstrate integrity, ethical behavior, and good judgment, and our corporate governance standards reflect these values.

View the full Sustainability Report
Up close shot of plans, while people are in the background reviewing more plans on a table

Sustainability is not an option; it is an inevitable trend which serves our community. As we pursue our financial goals, environmental stewardship makes good business sense. NOV joins our customers and stakeholders working to support human health, safety, and welfare through energy security while preserving our planet for future generations.

Jose Bayardo

Chief Financial Officer


74,730 Compliance Training Sessions

We require all employees, executives, and members of our Board to complete annual compliance training. In 2023, we conducted 74,730 training sessions covering ethical business practices, anti-corruption measures, anti-bribery protocols, trade compliance standards, human trafficking prevention, and modern slavery awareness.

Continued Community Investment

NOV prioritizes initiatives that support education, poverty reduction, children’s welfare, and human rights. Our community investment projects are often initiated by our employees and backed by the company. In addition to corporate donations, our workforce volunteered for hundreds of hours of community service, supporting dozens of organizations.


NOV’s cybersecurity program is aligned to the NIST Cyber Security Framework (CSF). Our security controls are managed using an Information Security Management System (ISMS), a set of policies and procedures for systematically managing sensitive data with the goal of minimizing risk and safeguarding business continuity.

685,961 Hours of HSE Training

Our commitment to health and safety is one of our core values. In 2023, our employees completed 685,961 hours of health, safety, and environmental (HSE) training. Our HSE Management System is designed to mitigate risks, avoid job-related injuries, and ensure compliance with HSE standards.