NOV Inc. (National Oilwell Varco )

Texas
Energy

Risk Level:

Rating - Clear
Lower Risk

Summary:

National Oilwell Varco (NOV Inc.) has not terminated business relationships due to views or beliefs. It has not used its corporate reputation or company dollars to support ideological causes or groups hostile to freedom of expression. For these reasons, NOV Inc. receives a Lower Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

NOV has not publicly terminated business relationships due to views or beliefs.

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

NOV does not discriminate against religious organizations in its charitable giving (1).

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
Rationale

NOV does not protect its employees against viewpoint discrimination (1)(2).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

NOV requires unconscious bias training for its employees (1). Otherwise, the company has not externally promoted ideological causes.

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

NOV has not used corporate funds to support ideological causes, policies, or organizations.

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

NOV does not have a PAC, however, it makes donations consistent with its business interests (1).

All links were last accessed and all information was updated on:
May 11, 2023

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