Corporate Values & ESG Environmental, Social & Governance Statement

Impact Fluid Solutions was built on a set of core values that guide our business. At the center of those values is the belief that our company must serve all our diverse stakeholders, and our broader community. We believe that holding true to these values has a positive impact on our company’s culture and industry reputation, and therefore on both our short-term and long-term performance.

Today, many of the policies and practices we follow are known in the market as “ESG.” But for us, they are simply part of the value system that has guided our business and driven our growth for the past 15 years.

Over 800 million people globally face hunger daily. In Malaysia alone, 3,000 tonnes of food daily is wasted—enough for 10 million meals. Impact partners with the Lost Food Project in Malaysia to reclaim and redistribute this ‘lost’ food to those in need.

Impact partnered with Brown Bagging for Calgary’s Kids in Canada to help provide meals for those struggling to secure enough food. Each year, we partner with local food banks to ensure we work toward zero hunger.

In Mexico, Impact collaborates with Save the Children to fund programs ensuring children receive proper medicine and food. This effort impacts roughly half a million individuals in the country.

Folds of Honor is a non-profit providing educational scholarships to families of US military personnel affected by death or disability during active duty. Impact proudly awarded four scholarships to children of veterans, supporting their continued education.

Studies indicate that women often prioritize others’ needs over their own. The Rose aims to reduce breast cancer fatalities in the US by providing screening, diagnostics, and treatment irrespective of a woman’s financial capacity. Impact is honored to have supported these crucial, life-saving services for women.

Up to 15% of global ocean plastic comes from Indonesia. Impact collaborates with CLEAR Community in Indonesia to assist local communities in addressing environmental challenges, in particular, cleaning the water by reducing plastic waste.

The Impact team has achieved the ISO 9001:2015 certification at both their UK and US laboratories. This certification is an international standard that demonstrates an organization’s commitment to quality management and customer satisfaction. Upholding this standard, the Impact team has implemented responsible waste material recycling practices at both facilities. This not only ensures that operations meet global best practices, but also emphasizes the team’s dedication to sustainable and environmentally-friendly processes.

Impact has partnered with the Junior Achievement program to enhance youth education and empowerment in the realms of work readiness, entrepreneurship, and financial literacy. Recognizing the pivotal role that practical knowledge plays in molding future professionals and leaders, this collaboration aims to bring real-world business experiences into the classroom.

Impact has collaborated with TECHO in South America to address pressing issues faced by vulnerable communities in the region. Through joint efforts, the partnership focuses on fostering sustainable development, improving living conditions, and empowering local residents to actively participate in the betterment of their communities.

In the UK, Impact has repeatedly partnered with Autism Plus, a dedicated organization that serves individuals with diverse challenges, including autism, learning disabilities, mental health conditions, and other intricate needs. This partnership underscores the commitment of both parties to uplift and empower this unique community.

Impact has taken a proactive role in bolstering the emergency response infrastructure, particularly in Cornwall. By actively supporting both the Front Line Emergency Equipment Trust (FLEET) and the Cornwall Air Ambulance Trust, Impact demonstrates a firm commitment to community welfare and health.

Achieving the ISO 9001:2015 accreditation in both our UK and US laboratories underscores our commitment to upholding international standards in quality management. This certification ensures that we maintain responsible and sustainable consumption and production patterns. Through this framework, we are dedicated to not only meeting but exceeding industry benchmarks in product testing and development. By adhering to these globally recognized standards, we continually enhance our processes, ensuring that our operations align with best practices and contribute to sustainable growth and innovation.

Supporting the Buffalo Bayou Partnership underscores our commitment to rejuvenating Houston’s key natural asset. This collaboration enhances both the ecological health of the waterway and the city’s resilience against climate change challenges. By investing in Buffalo Bayou’s restoration, we’re safeguarding Houston’s environment and fortifying its defenses against future environmental pressures.

Impact is at the forefront of pioneering environmentally conscious solutions, crafting technologies specifically designed for rigorous settings, including offshore applications. These technologies are not only engineered to meet the strictest environmental standards, but they also possess a distinct characteristic of high biodegradability. This ensures that while they serve their functional purpose effectively, they also minimize the ecological footprint, aligning with global sustainability goals and reducing the potential impact on our natural ecosystems.

The Borneo Project is a global organization that focus on local rights and environmental conservation, recognizing the deep and interdependent relationship between the two. Given that Borneo is home to some of the world’s oldest rainforests, conservation is a significant aspect of the organization. Through our charitable giving – Impact Our World, we hope to protect the rich biodiversity of the region.

Crimes like human trafficking and organized crime destabilize peaceful societies worldwide, while certain laws or practices can unfairly target specific groups. In India, Prajawala stands out as a prominent organization combatting sex trafficking and related offenses. Impact has supported Prajawala, ensuring its efforts lead to justice for the victims.

“Impact Our World” is the charitable branch established by Impact Fluid Solutions to contribute to the communities where we live and work. This annual initiative also empowers our employees to volunteer with nonprofits year-round.

Sustainable Development Goals

Environmental Values

Impact Fluid Solutions is proud of the role we play in minimizing the environmental footprint of the energy industry. Limiting environmental impact is a priority in all our products, from our focus on Wellbore Shielding technology to protect formations from fluid invasion to our careful selection of the components that comprise all our products.

Green Products

Our portfolio of products delivers low levels of toxicity and high levels of biodegradability, surpassing environmental requirements in all regions in which we operate.

Raw Materials

Many of our raw materials consist of waste materials from other industries. By making it a priority to Reduce, Reuse and Recycle, we minimize waste streams and overall environmental impact.

New Product Innovation

Our annual development projects prioritize environmental compliance as a key objective for all new products.

Office Initiatives

Our offices continuously implement new initiatives—many driven by our employees—to reduce our environmental footprint by recycling office materials such as paper, plastic, metals and batteries.

Environmental Values

Social Values

We understand that our mission as a company extends far beyond our owners, employers and customers. When we founded the company in 2005, our goal was to build a business that supports and gives back the communities in which we live and work. We’re proud to say that philanthropy remains a core part of our corporate culture.

Annual Charitable Giving

Over the past decade, Impact Fluid Solutions has donated more than $1 million to nonprofit organizations. All donations are driven by our employees. An employee committee nominates the charities considered for that year’s awards.

Workplace Giving and Matching Gift Program

Impact Fluid Solutions assists employees’ personal charitable giving by matching qualified charitable gifts dollar for dollar up to $5,000 per employee per calendar year.

Employee Volunteering Support Program

Giving back to the community involves both money and time. Under the Volunteering Support Program, employees are encouraged to volunteer with organizations that contribute to the social fabric of the communities in which we operate. Each employee will be given the right to volunteer on a paid basis up to 60 hours annually.

Social Values

Governance Values

Our unique structure reflects our commitment to progressive governance and employee rights. Our Board of Directors is made up of our majority owner and three Employee Stakeholders. The combination of the Employee Stakeholder Board and broad equity ownership give employees a powerful voice unusual in a Private Limited Partnership. This structure ensures that Impact Fluid Solutions remains a leader in diversity, transparency and employee rights.

Equitable Pay and Benefits

We are committed to providing every employee with equitable compensation, a standardized bonus structure and equal benefits, irrespective of gender or ethnicity. The company provides free healthcare coverage for all employees, who contribute only when additional family members are covered under the health plan.

Diversity

Our organization of fewer than 50 individuals includes representatives from 16 nationalities. More than a quarter of this ethnically diverse workforce is female—well above the industry average. In our U.S. organization, nearly half of our team is comprised of minorities and 13% of our employees are retired from a prior career.

Transparency

Our Quarterly Meetings include Employee Stakeholders and are recorded and documented. External auditors ensure engagement and verification, similar to larger public companies. All Company Partners receive a written update on company performance each quarter to maintain transparency.

Active Ownership

More than a third of the people in our organization have an ownership stake. This broad ownership ensures active engagement with managers and the board of directors on business strategy and execution, with annual reviews to set new yearly initiatives and objectives.

Governance Values