Helmerich & Payne
Rating Overview
Rating Criteria
Rating Criteria Detail
Corporate Weaponization
Criteria:
Has canceled 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:
MediumRationale:
Helmerich & Payne integrates ESG into its business practices. From its 2024 Sustainability Report: “Corporate governance at H&P encompasses the oversight mechanisms that help us mitigate risk and facilitate the execution of environmental, social, and governance initiatives” (1). However, Helmerich & Payne has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (2).
Criteria:
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Risk Level:
LowerRationale:
Helmerich & Payne does not appear to discriminate against charitable organizations based on views or beliefs (1).
Criteria:
Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.
Risk Level:
HighRationale:
Helmerich & Payne offers DEI and unconscious bias training to its employees (1). The company appears to prioritize diversity over merit in its recruitment and hiring. From its HP Sustainability Report 2024: “Our DE&I strategy is applicable to hiring external talent as well as offering internal growth opportunities to our existing talent” (2). The company does not provide viewpoint protections for its employees (3).
Corporate Governance and Public Policy
Criteria:
Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.
Risk Level:
HighRationale:
Helmerich & Payne is committed to net zero emissions by 2050 (1). The company supports DEI within its business practices, hosting a DE&I Advisory Council (2). The company supports DEI within its business practices. From its 2024 HP Sustainability Report: “H&P’s U.S. operations underwent a third-party DE&I Audit to assess the efficacy of our current initiatives and identify potential opportunities” (3). The company supports ESG within its business practices. From its HP Sustainability Report 2024: “When certain supplier ESG-centered risks become apparent, our global supply chain team works with our HSE team to identify and mitigate these risks” (4).
Criteria:
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Risk Level:
LowerRationale:
Helmerich & Payne has not used corporate funds to advance ideological causes, organizations, or policies (1).