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
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.
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.
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.
At Core Laboratories, each and every employee, supervisor, manager and executive is responsible for preventing harassment by:
To assist our workforce in understanding Core Lab’s position on harassment, discrimination, and unprofessional behavior in the workplace, all employees
are required to take part in our annual training on creating a harassment free workplace.
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 be valid.
Core Lab is a company that promotes equal employment opportunities, securing a diverse workforce focused on inclusion, innovation, collaboration, and
teamwork. To do this, we have implemented policies and engage in a variety of activities to educate and support our workforce concerning equal
opportunity and fair treatment. Several of those activities include, but are not limited to:
Additionally, Core Lab's Code of Ethics and Corporate
Responsibility includes an Equal Employment Opportunity Policy which states, in part:
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
During 2020, 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 by requesting a Conflict
Minerals Compliance Certification form from 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 2020 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
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