Core Lab is pleased to welcome Sanchez Technologies to the Core Lab Family
Statement on Labor and the Workplace
Core Laboratories is committed to the optimum utilization of human resources and we are committed to providing
positive, productive and supportive work environments throughout its global operations. We have established
programs to attract, develop and retain a highly talented workforce that is representative of the regions in which
Core Lab is located and does business in various environments and diverse cultures. Wherever Core Lab operates,
certain principles consistently apply to the Company's relationships with its employees and its expectations of
conduct in the workplace. Our Code of Ethics and Corporate Responsibility provides a worldwide framework for responsible
operations and is consistent with the spirit and intent of the Fundamental Principles and Rights at Work of the
1998 International Labour Organization (ILO) Declaration. The ILO Declaration sets an obligation on Member States
to promote and realize the following principles:
Freedom of association and right to collective bargaining
We recognize and respects our employees' right to join associations and choose representative organizations
for the purpose of engaging in collective bargaining in a manner consistent with applicable laws, rules and regulations
as well as local customs as appropriate.
Policy against Forced or Compulsory Labor
Core Laboratories does not utilize forced or compulsory labor. We recruit our employees and provide working conditions,
including payment of wages and benefits that comply with applicable laws and regulations.
Policy against Child Labor
Throughout our worldwide operations, we prohibit the use of children in our workforce. All Core Lab employees
are at or above the legal employment age in the country of their employment.
Policy against Workplace Discrimination and Harassment:
At Core Laboratories, each and every employee, supervisor, manager and executive is responsible for preventing
We recognize that ascertaining whether a particular action or incident is purely a personal, social
relationship without a discriminatory employment effect will require a factual determination based on all facts
in the case. Therefore, we diligently investigate every alleged harassment claim and effectively remedy them when an allegation is determined to
Core Lab is a company that promotes diversity. We focus on hiring local employees at all levels in the company.
Core Lab incorporates diversity training in our development programs such as the "Talent Selection Training for Managers".
Core Lab's Code of Ethics and Corporate Responsibility includes an Equal Employment Opportunity Policy which states,
It is the policy of Core Lab to provide equal employment opportunity in conformance with all applicable laws and
regulations to individuals who are qualified to perform job requirements.
The term "conflict minerals" refers to certain minerals being tin, tantalum, tungsten and gold, the metal ores from which
these minerals are extracted, or their derivatives ("3TG"). The "conflict minerals" term originates from the Dodd-Frank Wall Street
Reform and Consumer Protection Act of 2010 (the "Act") and associated rule issued by the U.S. SEC.
The SEC rule and related parts of the Act were issued in response to violence and human rights violations in the mining of those
minerals from the Democratic Republic of the Congo ("DRC") and adjoining countries (the "Conflict Region"). The SEC rule requires
SEC registrants to disclose, on an annual basis, whether the products they manufacture or contract to manufacture contain conflict
minerals that are “necessary to the functionality or production” of those products, and if so, certain information about the source
of those conflict minerals.
During 2014, we evaluated 100% of the parts and materials necessary to the functionality or production of products manufactured by us or
contracted to be manufactured for us and determined that the Company manufactures or contracts to manufacture some products that contain 3TG.
We conducted a reasonable country of origin inquiry ("RCOI") to determine if the 3TG in any of our products originated in the DRC or an adjoining
country. In connection with that evaluation, we developed and distributed a Conflict Minerals Compliance Certification form to each of our
suppliers providing these raw materials or products that contain 3TG.
In response to our request, each of our suppliers certified that no 3TG originating from the DRC or adjoining countries are included in any
of the raw materials or products they provide us and further, that each of them has adopted a Supply Chain Policy consistent with the policies
of the Organization for Economic Cooperation and Development Due Diligence Guidance for Responsible Supply Chains. All potential new suppliers
are required to provide this certification to us before we will enter into a contract with them.
Based upon the results of our RCOI, we have no reason to believe that any 3TG necessary to the functionality or production of products
we manufactured or contracted to manufacture during 2014 may have originated in the Democratic Republic of the Congo or an adjoining country.
The ethical sourcing of minerals is an important part of our mission to ensure safe and fair working conditions in our supply chain.
We strive to use only conflict-free minerals in our products.
Link to Form SD (Specialized Disclosure Report) regarding Conflict Minerals