Sustainability

Environmental, Social, and Governance (ESG) – embedding sustainability into everything we do.

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A Sustainable Future

At Paragon ISG, we base our sustainability strategy on Environmental, Social, and Governance (ESG) issues.

We are invested in the wellbeing of our diverse workforce and the communities in which we serve. We are committed to creating a safe environment to work for our employees and our customers. We believe in striving to reduce our environmental impact and that of our customers.

To accomplish these goals we both work to develop products and services based on ESG principles, and also govern our company based on those principles.

0
Total Recordable Incident Rate
1 m
Gallons of Water Cleaned/Recycled, 2020
0
Barrels of Cuttings Cleaned/Recycled, 2020

Water REUSE

Through improved filtration processes, Paragon ISG is a pioneer in assisting customers with water reuse.

Though not possible in every oil and gas producing basin, water reuse is a process in which by renting a filtration system from Paragon ISG, customers are able to reuse drilling water that otherwise would have had to been disposed of. In optimal cases, disposal volumes can be reduced by up to 85% or more.

This option saves our customers money they would have otherwise spent on fresh water and disposal services, and it also helps preserve natural resources.

corporate governance

At Paragon ISG, we base our sustainability objectives on Environmental, Social, and Governance issues. We govern and manage these objectives using a permanent standing committee on the company’s Board of Directors. The purpose of this committee is to assist the Board formulating and discharging its responsibilities in ESG matters. Such matters include:

  • Health and Safety
  • Corporate Governance
  • Business Conduct & Ethics
  • Diversity
  • Crisis Management
  • Climate Change
  • Positive Community Impact
  • Environmental Stewardship

Paragon seeks to do well by doing good for our employees, customers, and in the communities where we operate, focusing on the impacts a robust ESG strategy has on our investors and stakeholders. We are committed to action that adds value by reducing risk, lowering our cost of capital, enhancing the Paragon brand, and amplifying our purpose to be good stewards of the environment and good neighbors in our communities.

Rafael Andres Diaz-Granados, CEO

Paragon ISG awarded Bronze
Sustainability Rating by EcoVadis

Paragon ISG has been awarded a Bronze medal from EcoVadis, the world’s largest independent provider of ratings in business sustainability and environmental performance.

The Bronze rating, given to companies who outperform the majority of others in their industry, is based on Paragon ISG’s work toward sustainable business practices and commitment to achieving Environmental, Social and Governance (ESG) objectives.

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