Forum Energy Technologies IncForum Energy Technologies Inc - ESG Rating & Company Profile powered by AI

Industry Group:Oil Related Services and Equipment

This SDG score for Forum Energy Technologies Inc indicates its reporting of the UN Sustainable Development Goals. The report of Forum Energy Technologies Inc was prepared by All Street Sevva using advanced NLP. This page is a zero-cost ESG analysis for Forum Energy Technologies Inc.

Forum Energy Technologies Inc in the Oil Related Services and Equipment industry gained a UN SDG ESG Transparency Score of 4.8; made up of an environmental score of 8.0, social score of 3.2 and governance score of 3.2.

SDG Transparency Score for Forum Energy Technologies Inc 
Low
0 - 3

4.8

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2024-05-01
What drives the score for Forum Energy Technologies Inc 
8.0

Environmental

3.2

Social

3.2

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Alphageo (India) Ltd
8.0
High
1American International Holdings Corp
8.0
High
118Dof Installer ASA
4.9
High
118Pulse Seismic Inc
4.9
High
123Forum Energy Technologies Inc
4.8
High
123Newpark Resources Inc
4.8
High
125Talisker Resources Ltd
4.6
High
.........
236Zhejiang Renzhi Co Ltd
0.0
Low
236Zhongman Petroleum and Natural Gas Group Corp Ltd
0.0
Low
.........
View the full peer group of 417 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does Forum Energy Technologies Inc have an accelerator or VC vehicle to help deliver innovation?

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Does Forum Energy Technologies Inc disclose current and historical energy intensity?

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Does Forum Energy Technologies Inc report the average age of the workforce?

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Does Forum Energy Technologies Inc reference operational or capital allocation in relation to climate change?

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Does Forum Energy Technologies Inc disclose its ethnicity pay gap?

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Does Forum Energy Technologies Inc disclose cybersecurity risks?

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Does Forum Energy Technologies Inc offer flexible work?

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Does Forum Energy Technologies Inc have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Forum Energy Technologies Inc disclose the number of employees in R&D functions?

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Does Forum Energy Technologies Inc conduct supply chain audits?

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Does Forum Energy Technologies Inc disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Forum Energy Technologies Inc conduct 360 degree staff reviews?

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Does Forum Energy Technologies Inc disclose the individual responsible for D&I?

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Does Forum Energy Technologies Inc disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Forum Energy Technologies Inc disclose current and / or historical scope 2 emissions?

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Does Forum Energy Technologies Inc disclose water use targets?

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Does Forum Energy Technologies Inc have careers partnerships with academic institutions?

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Did Forum Energy Technologies Inc have a product recall in the last two years?

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Does Forum Energy Technologies Inc disclose incidents of discrimination?

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Does Forum Energy Technologies Inc allow for Work Councils/Collective Agreements to be formed?

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Has Forum Energy Technologies Inc issued a profit warning in the past 24 months?

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Does Forum Energy Technologies Inc disclose parental leave metrics?

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Does Forum Energy Technologies Inc disclose climate scenario or pathway analysis?

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Does Forum Energy Technologies Inc disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Forum Energy Technologies Inc disclose the pay ratio of women to men?

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Does Forum Energy Technologies Inc support suppliers with sustainability related research and development?

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Does Forum Energy Technologies Inc disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Forum Energy Technologies Inc reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Forum Energy Technologies Inc involved in embryonic stem cell research?

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Does Forum Energy Technologies Inc disclose GHG and Air Emissions intensity?

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Does Forum Energy Technologies Inc disclose its waste policy?

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Does Forum Energy Technologies Inc report according to TCFD requirements?

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Does Forum Energy Technologies Inc disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Forum Energy Technologies Inc disclose energy use targets?

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Does Forum Energy Technologies Inc disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Forum Energy Technologies Inc have a policy relating to cyber security?

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Potential Risks for Forum Energy Technologies Inc
These potential risks are based on the size, segment and geographies of the company.

Forum Energy Technologies, Inc. designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. It operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, well construction, artificial lift, and subsea energy construction markets, including applications in oil and natural gas, renewable energy, defense, and communications. This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling process; well construction casing and cementing equipment, and protection products for artificial lift equipment and cables; and subsea remotely operated vehicles and trenchers, submarine rescue vehicles, specialty components and tools, and complementary subsea technical services. The Completions segment offers hydraulic fracturing pumps, cooling systems, high-pressure flexible hoses, and flow iron for pressure pumping, hydraulic fracturing and flowback services markets; wireline cable and pressure control equipment for well completion and intervention service markets; and coiled tubing strings and coiled line pipe. The Production segment designs, manufactures, and supplies products, and provides related equipment and services for production and infrastructure markets. This segment offers engineered process systems, production equipment, specialty separation equipment, and various industrial valves for oil and natural gas customers, power generation, renewable energy, and other general industrial applications. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.

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