Expro report highlights progress unlocking energy answers of tomorrow

8th April 2024

HOUSTON – April 8, 2024 – Expro (NYSE: XPRO), a leading provider of energy services, has published its latest sustainability report, highlighting the Company’s achievements in 2023 along with the progress it has made during that time working toward its near- and long-term environmental, social and governance (ESG) objectives.

Projects delivered this year, that are highlighted in the report, include a custom solution to support the testing of new geothermal technologies in Oklahoma, extending a solar power project in Malaysia that has delivered light to more than 200 people and supporting a pilot project in Japan with carbon capture utilization.

Mike Jardon, Chief Executive Officer of Expro, said: “In an ever-evolving energy landscape, Expro remains steadfast in our commitment to driving positive change.

“I am proud to share our achievements from 2023 in this comprehensive report which serves as a testament to our progress in environmental, social, and governance strategies, underscoring the integral role partnerships play in cultivating sustainability for Expro and our clients.

“As we step into 2024, we remain dedicated to fostering a low-carbon future and intend to play a key role in enabling a low-carbon transition.”

Hannah Rumbles, Expro Director of Sustainability, Marketing and Communications, added: “I am excited to advance our commitment to innovating with purpose, grounded in our values of People, Performance, Partnerships and Planet.

“Over the past year, we’ve focused on the maturation of our approach to sustainability that we expect will accelerate our journey to a low-carbon future. With this strong momentum, we remain committed to empowering our customers while strengthening our own sustainability practices and performance.”

The 2023 ESG report celebrates Expro’s achievements from the past year in sustainability and highlights advancements on key initiatives, including:

  • Developing Lower Carbon Solutions: Expro has turned commitments into actions to help address customers’ most complex challenges in sustainability. This includes new developments in game-changing projects spanning Carbon Capture Utilization and Storage (CCUS), natural hydrogen and geothermal in Australia, Colombia, Germany and Japan.
  • Reducing Scope 1 and Scope 2 Greenhouse Gas Emissions: Expro reduced emissions by 11% from a 2021 baseline, driven by increased use of renewable energy while increasing its ability to track Scope 3 emissions, setting the stage to further integrate ESG reduction initiatives throughout the supply chain.
  • Advancing the Expro Portfolio with Sustainable Energy Solutions: Expro took large strides forward in its work within the areas of Geothermal and CCUS, adapting the company’s solutions across three emerging markets.
  • Prioritizing Safety: The organization renewed its commitment to safety in the workplace along with the second annual Expro ENGAGE initiative designed to focus on highlighting employees’ safety successes, while teaching and reinforcing best practices, and reducing the company’s Lost Time Incident Frequency (LTIF) to just 0.06.
  • Fostering a Collaborative and Inclusive Culture: Believing in the importance of diversity in the organization, Expro is reaping the benefits of a collaborative and inclusive workplace where ideas are shared through the rollout of Expro Culture of Care and the 2023 Elevate employee pulse survey that ultimately informed company action plans for 2024.

The full report is available for viewing and downloading here.

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