IADC Ethics and Human Rights Statement
The International Association of Drilling Contractors (IADC) is committed to maintaining a culture of integrity and ethical behavior among its employees and members. IADC members are expected to be honest, truthful, ethical and fair. IADC also maintains that professional connections be entered into without bias or prejudice based on race, gender, age, religion, ethnicity, disability, national origin, sexual orientation, or political affiliation. IADC complies with all applicable governmental laws, rules and regulations where it operates.
We also invite our members and staff to consider the consequences and societal implications of the work of the global oil and gas industry and seek opportunities to enhance public understanding of those relationships.
IADC’s global scope means that our members and staff work in countries whose local culture, standards and traditions differ from place to place. We must respect the differences, while maintaining that honest, competent, impartial, fair and equitable communication and business activities are the cornerstone of an organization that acts with integrity.
Bringing together industry stakeholders to network and solve common industry issues provides a collaborative sharing environment. IADC is also mindful that during these meetings, conferences and informal gatherings, attendees must remain vigilant to not disclose without consent information that is of a proprietary or confidential nature that has the ability to improperly impact the business affairs or technical processes of their employer or a competitor. At all times, members must remain in compliance with IADC’s Antitrust Policy & Guidelines.
IADC expects that all members and staff operate with the highest level of integrity, honesty, mutual respect and fairness, maintaining a work environment that encourages these standards. The Association is intolerant of those who seek to achieve results by engaging in untrustworthy, dishonest or fraudulent business practices, or by violating the law.
These principles underpin how IADC approaches operations and its expectations for professional conduct in all activities which serves its members, staff, colleagues and the public.
Last updated – May 2019