Better Health for All

Valaris's core business of offshore drilling for oil and gas, which constitutes 100% of its revenue, operates in an industry identified as "very high" in carbon intensity.

In 2024, the company reported total carbon emissions of approximately 2 billion kg CO2e. These activities contribute to severe, widespread health damage through climate change and pollution, with no redeeming health benefits from its principal goods or services. The company has incurred $9.142 million in environment-related penalties since 2000, including a $9 million EPA fine in 2007. While Valaris aims for net-zero emissions by 2050 for Scope 1 and 2, reported a 6% decrease in Scope 3 emissions last year, and also reported decreases in hydrocarbon and non-hydrocarbon spills in 2024, these are partial remediation efforts against significant ongoing health-harming externalities. The company does not offer health-related products or services, nor does it engage in activities related to pharmaceutical patents, nutrition, addiction mitigation, or clinical trials.

Fair Money & Economic Opportunity

Valaris Limited is an offshore drilling contractor, providing services to oil and gas companies.

Its core business does not involve offering lending, insurance, deposit services, or any other financial products to consumers. Consequently, the company does not have consumer-facing financial products, APRs, fee structures, or customer financial data to evaluate against the 'Fair Money & Economic Opportunity' value. While Valaris engages in community support and has a Supplier Diversity Program, these activities do not fall under the specific definitions of the KPIs, which are tailored for financial institutions and their direct impact on consumer financial well-being.

Fair Pay & Worker Respect

Valaris reported a Total Recordable Incident Rate (TRIR) of 0.39 per 200,000 work hours for all personnel in 2024.

However, one fatality occurred on a Valaris rig in November 2025 , and another worker went missing in January 2023. The Health and Safety Executive (HSE) issued an improvement notice to Valaris in 2025 for failing to adequately assess risks , which contributed to the November 2025 fatal fall. In 2023, an external consultant's Pay Equity Analysis found no significant pay gaps based on gender or race. The company's attrition rates in 2023 were 8% for offshore personnel and 5% for onshore personnel.

Fair Trade & Ethical Sourcing

Valaris requires all suppliers to adhere to its Vendor and Supplier Business Integrity Principles, which include prohibitions on child labor and forced labor, and compliance with laws regarding working hours, wages, and benefits

. Suppliers are contractually obliged to comply with these principles . For the year ended December 31, 2024, Valaris reported no incidents of forced or child labor .

Honest & Fair Business

Valaris reports that 83.33% of its board members are independent, with all current directors except the President and Chief Executive Officer meeting New York Stock Exchange independence standards.

The company has a comprehensive Ethics and Compliance Policy and a Code of Conduct, available in nine languages, which prohibits corruption, bribery (including facilitation payments), and money laundering. It conducts extensive initial due diligence, regular monitoring, and annual recertification for intermediaries, and all directors, employees, and full-time contractors are required to complete annual compliance training. Valaris also operates a whistleblower program with a confidential, independently managed 24/7 hotline available in multiple languages, allowing anonymous reporting, and explicitly states zero tolerance for retaliation. However, the effectiveness of this whistleblower program is not publicly measured.

Kind to Animals

The provided articles, including Valaris' sustainability reports, consistently state a lack of data for all KPIs related to the 'Kind to Animals' ethical value

. There is no specific, concrete evidence regarding cruelty-free certifications , alternative testing methods , humane certifications for animal operations , wildlife conservation impact , ethical input substitution , animal-related supplier audits , cage-free sourcing , animal testing policies or volume , R&D investment in animal-free technologies , animal agriculture ethics , animal-free R&D collaboration , or public policy engagement on animal welfare . Consequently, all KPIs for this value are omitted due to insufficient evidence.

No War, No Weapons

The provided articles focus on Valaris' general sustainability initiatives and corporate governance documents.

They explicitly state that they do not contain any specific data points, quantitative information, or explicit mentions related to arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investments, conflict divestment policies, board oversight of defense, export end-user certificates, lobbying on arms control, humanitarian procurement, human rights due diligence in conflict areas, Arms Trade Treaty compliance, AI military safeguards, UN Guiding Principles alignment, dual-use item screening, surveillance transparency, ethical red lines, exposure to controversial weapons, war-risk audits, annual conflict partner reviews, defense divestment, conflict minerals, peace tech investment, ethical red lines compliance, or procurement from conflict zones. , Therefore, no KPIs can be scored based on the provided evidence.

Planet-Friendly Business

Valaris has not provided details on climate scenario analysis, indicating a lack of public disclosure in this area. The company has not mentioned specific SBTi-validated targets, despite setting a target to reduce Scope 1 emissions intensity per active day by 10% to 20% by 2030 compared to a 2019 baseline.

While Valaris has aligned its sustainability report with the TCFD framework, it lacks explicit details on climate scenario analysis, suggesting partial alignment. The company has recorded environmental compliance violations, including a $9,000,000 environmental violation in 2007 and individual oil or gas drilling violations in 2014, 2015, and 2016.

Respect for Cultures & Communities

Valaris reported that 84% of its offshore headcount in 2023 were nationals, indicating a high proportion of local employment.

The company provides a 24/7 Ethics Hotline, available in multiple languages, for employees, contractors, business partners, stakeholders, and all third parties to raise concerns anonymously, suggesting comprehensive grievance mechanisms. Its Code of Business Conduct is available in nine languages, and key management system documents and training are also translated, demonstrating strong language inclusivity. Valaris manages allegations of wrongdoing through its Compliance & Ethics team with executive and Board oversight, indicating a formal framework for cultural incident response. No specific cultural appropriation incidents have been reported in the provided information. The company states that FPIC processes are not applicable to its operations.

Safe & Smart Tech

Valaris provides minimal user control over personal data, with only an opt-out option for alert services

and no other mentioned controls over privacy settings, data portability, or data deletion. The company has not experienced any material cybersecurity threats or incidents as of February 2026. Valaris has a cybersecurity program that includes engaging third-party service providers and consultants for cybersecurity assessments, including cloud security and network vulnerability testing. An OT network monitoring tool has been implemented across its global fleet to gain deeper visibility into critical systems, identify cyber and operational risks, and enhance preventive maintenance. All employees undertake an annual cybersecurity training program, and the IT department leads simulations of cybersecurity incidents to test the organization’s ability to respond.

Zero Waste & Sustainable Products

A predecessor company, Rowan Companies, pleaded guilty to three felonies for knowingly dumping hydraulic oil, paint, and garbage into the Gulf of Mexico between 2002 and 2005, resulting in $9 million in penalties in 2007.

Another predecessor, Ensco Offshore Co., received three oil or gas drilling violations between 2014 and 2016, with fines totaling $142,000. Valaris currently conducts hazardous materials surveys per Basel Convention requirements and segregates hazardous waste. The company has implemented several waste reduction initiatives, including waste management processes, recycling programs with clients, marine debris awareness training, and paperless efforts, issuing 40,500 electronic documents in 2023 and 3,500 in 2024. It also reuses or recycles parts, with $13 million worth in 2023 and $3.5 million in 2024.