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Commitment to Sustainability

Improving lives through responsible operations

ChampionX is driven by our purpose to improve the lives of our customers, employees, shareholders, and communities, through our commitment to deliver sustainable solutions to our customers. We are embedding ESG considerations into our work to help our customers responsibly maximize their operations, as well as to reduce our operational footprint, implement waste reduction efforts, and innovate solutions for efficient resource use. 

2022 Sustainability Report

Setting our ESG Priorities

To create value for our stakeholders and our company, we have taken a focused and methodical approach to developing ESG Priorities consistent with our corporate purpose and operating principles: 

  • GHG Emissions
  • Decarbonization Technologies
  • Sustainable Innovation and Digital Transformation
  • Employee Attraction, Retention, and Development.  

Reducing GHG Emissions 

Reducing greenhouse gas (GHG) emissions is a focus for ChampionX customers, investors, and employees, and is consistent with our corporate purpose and Global HSE Policy to reduce our environmental footprint. We believe our largest impact will come from helping our customers reduce their emissions, but we are also committed to tracking and reducing GHG emissions from our operations.

Developing Decarbonization Technologies 

ChampionX is focused on developing and building technologies and solutions that will help our customers achieve a lower-carbon future through GHG emissions reductions, while creating safer and more efficient operations. We are strengthening our portfolio with strategic, bolt-on acquisitions and technology investments to build our capabilities and accelerate our progress, and by fostering our culture of innovation and continuous improvement.

ChampionX's dedication to decarbonization is highlighted by our recent introduction of a third party-verified, carbon net negative raw material used for manufacturing Chemical Technologies products. This bio-based material actively removes carbon dioxide (CO2) from the atmosphere during its production, use, or disposal. ChampionX is committed to continuous improvement and expanding a sustainable portfolio to ensure efficient operations.

Delivering Sustainable Innovation and Digital Transformation

Delivering technology with impact is an operating principle that drives innovation at ChampionX. We seek to develop chemistries, artificial lift equipment, and other products that reduce Scope 1 and Scope 2 emissions and improve other areas of our customers’ environmental performance. We also look for innovative ways to reduce ChampionX’s impact on the environment and shrink our footprint.

Prioritizing Employee Attraction, Retention, and Development 

Our purpose and operating culture are sources of sustainable competitive advantage. Across ChampionX and at all levels of the enterprise, we seek to develop a team of talented, motivated employees to support our customers, drive innovation, and create lasting impact. Our vision is to build and nurture a diverse and inclusive workplace where all employees feel a sense of belonging and alignment to our purpose of Improving Lives. We believe this allows us to do our best work, unlock our full potential, and build the workforce we need to achieve our strategic objectives and ESG Priorities.

As the industry forges ahead toward a lower-carbon future, ChampionX is helping our customers supply the affordable energy the world needs in an environmentally responsible way. Sivasankaran “Soma” Somasundaram, President and Chief Executive Officer


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