NPK International : ESG (NPK 2025 Sustainability Report)
NPKI
Published on 05/14/2026 at 05:55 pm EDT
PROTECTING OUR FUTURE
2025
SUSTAINABILITY REPORT
Who We Are 4
Introduction 6
Environment 8
People 12
Governance 16
SASB Report 20
TCFD Report 23
WHO WE ARE
At NPK, we are the only site access solutions partner to manufacture and rent industry-leading sustainable composite matting, along with a full suite of services including planning, logistics, and remediation.
By delivering reliable and environmentally responsible solutions, we are driven to help our customers improve the efficiency and sustainability of their operations. This drive is the catalyst for innovation and the development of next-generation products and services. With a strategic focus on energy infrastructure markets, NPK provides sustainable technologies and services that cater to the evolving needs of our customers.
In 2025, 66% of our revenues were generated from the rental of our recyclable composite matting systems and related worksite services, while 34% were generated from the sale of our manufactured recyclable composite mats to customers around the world. With our strategic focus, the utilities industry is our primary end-market, contributing more than two-thirds of our 2025 revenues. NPK prides itself on playing a pivotal role in shaping a more resilient and environmentally conscious future.
BUSINESS FOCUS
NPK delivers superior quality and reliability across critical infrastructure markets, including electrical transmissionand distribution, oil and gas exploration, pipeline, renewable energy, petrochemical, construction, and other industries.
DIVERSE END-MARKET COVERAGE
Utilities Oil C Gas Infrastructure
Renewables Petrochemical Midstream
4 NPK 2025 SUSTAINABILITY REPORT
26 R&S Yards
3 Partners in 7 Territories
GLOBAL FOOTPRINT
CORE VALUES
At NPK, our values, safety, integrity, accountability, respect, and excellence are more than words - they are non-negotiable fundamentals that define what is important to us. They are the foundation for our PURPOSE.
Our purpose encapsulates how our values work together to drive our decision-making, actions, and behaviors. They help us create meaningful relationships with each other, our clients, and partners. Every day, we strive to live these values and fulfill our purpose, building a culture that reflects who we are and where we're headed.
P U R P O S E
People Focused United
Reliable Passionate Optimistic Sincere Enterprising
ANNUAL REVENUE
~510
TOTAL EMPLOYEES
93%
REVENUES GENERATED
IN THE U.S.
NPK 2025 SUSTAINABILITY REPORT 5
COMMITMENT
As a provider of manufactured products and related services to energy infrastructure markets, we recognize the significance of a sustainable world for future generations and understand our responsibility and opportunity to make positive and lasting impacts on our environment and in our communities.
Protecting our future through sustainable products and services across the spectrum of the energy transition.
We remain firmly committed to advancing, creating, and supporting our sustainability efforts as we continue to deliver innovative and environmentally friendly solutions, create a safe and positive work culture, and support our customers in the global shift to a lower carbon economy and renewable energy sources.
6 NPK 2025 SUSTAINABILITY REPORT
REDUCED DEFORESTATION
COMMITMENT
REDUCED CO2 EMISSIONS
Environmental sustainability is not aspirational for us - it's been a cornerstone of our business strategy for decades. Our fully recyclable DURA-BASE® composite matting system has remained a disruptive, sustainable technology since its first appearance in 1998. In recent years, we have launched newer generation matting systems that offer a further reduction in weight. The lightweight composite design provides a distinct environmental advantage for our customers as compared
to alternative wood mat products in the market, eliminating deforestation required to produce wood mat products and reducing greenhouse gas emissions associated with product transportation.
REDUCED DEFORESTATION
REDUCED MILES DRIVEN
According to the Texas Forestry Commission, it takes 60 years to grow a milling-size tree for a wood mat that is typically incinerated or disposed of in landfills after an average life of 3 years. DURA-BASE mats are made from high-density polyethylene (HDPE) resin, which can be cleaned, reused, and 100% recycled - reducing the need for deforestation.
REDUCED CO2 EMISSIONS
DURA-BASE mats weigh roughly one-third of alternative wood mat solutions, requiring fewer trucks to transport the same usable surface area, thereby saving CO2 emissions with every load eliminated. Also, over time wood mats can retain moisture, which increases their weight and further decreases mats per load, requiring even more trucks and increased customer transportation costs.
8 NPK 2025 SUSTAINABILITY REPORT
RECYCLED RESIN
We also continue to leverage our investments in research and development capabilities and adaptable manufacturing processes to increase the use of recycled materials in our composite mat production. This provides further potential economic benefits along with a significant reduction in life-cycle greenhouse gas emissions when compared to using traditional virgin resin. In 2025, our manufacturing operations consumed over 2 million pounds of
recycled resin, and we look to expand our usage of recycled materials going forward. We believe this is only the beginning of a larger journey in the circular economy.
2M+
POUNDS OF RECYCLED RESIN CONSUMED IN MANUFACTURING OPERATIONS
REDUCED MILES DRIVEN
Fewer trucks on the road and fewer miles driven mean safer conditions and less nuisance for the community as a whole.
Less accidents
Less water and land pollution
Less noise, dust, and disruption
At ~1,000 lbs. per mat, DURA-BASE has a trucking capacity of up to 46 mats per load compared to wood mats which weigh between 1,500 - 2,800 lbs. and only allow for 15 - 30 mats per load. For example, 1,500 DURA-BASE mats will require 36 truckloads, where the same number of heavier timber mats would need over 100 truckloads.
NPK 2025 SUSTAINABILITY REPORT G
ELECTRICITY CONSUMPTION, FUEL CONSUMPTION, AND EMISSION METRICS
As part of our ongoing efforts to benchmark and drive continuous efficiency improvements in our energy consumption, we recently implemented tracking systems for electricity and water consumption across our global facility footprint. Our manufacturing facility in Carencro, LA, represents the majority of our electricity consumption (~80,000 GJ), while our Katy, TX, administrative office facility, which
is primarily occupied by third-party lessees, represents the majority of our water consumption (~20 million gallons). Electricity and water consumption for measured locations in 2025 is as follows:
2025
Electricity Consumed
Locations Disclosed
~94,000 GJ
16
Water Usage
Locations Disclosed
~22.3M gal
7*
* Seven of our locations do not disclose water usage because they operate with well water systems.
2025 Total (Gallons)
Fuel Type
On Road
Off Road
Diesel
~230,000
~110,000
Gasoline
~185,000
~7,500
We track multiple categories of sources of emissions across our operations. Fuel consumption for both on-road and off-road vehicles, including gasoline and diesel usage, is monitored to support operational efficiency, and data-driven decision-making. We will continue to pursue enhancements in our monitoring
capabilities and disclose emissions information where relevant in future reporting cycles. Our operations do not result in any measurable VOC particulate matter and hazardous air pollutant emissions.
10 NPK 2025 SUSTAINABILITY REPORT
WASTE, WATER, AND MATERIALS MANAGEMENT
NPK tracks nonhazardous waste generation and supports recycling efforts across our operations. We maintain responsible processes for the limited amounts of regulated waste produced, such as used hydraulic oil from field equipment, which is collected within the guidelines of state and federal requirements. Such hazardous waste generation is not material to our business, and thus, not measured.
Across our manufacturing and worksite operations, we prioritize the minimization of waste, which includes the extensive reuse and ultimate recycling of packaging materials, as well as the recycling of all scrap resin that is generated through our manufacturing process. The scrap resin is collected, reprocessed, and reintroduced to the manufacturing process, eliminating the only source of significant manufacturing waste.
NPK tracks water usage through utility data and internal reporting. Wastewater generated through production processes is managed through licensed third-party services. Our processed water operates in a closed loop system and gets recirculated.
NPK 2025 SUSTAINABILITY REPORT 11
COMMITMENT
At NPK, our greatest assets are our people-their inspiration, dedication, and creativity make this a great place to work. A passion for our crafts, a shared vision for the future, and values that embody our culture and commitments bring our NPK family together.
Our values shape our decisions, actions, and relationships, driving us toward our purpose. They each guide us in building meaningful connections with each other, our clients, and our partners. Every day, we strive to live these values and our
purpose, creating a culture that reflects who we are and where we're headed.
We are incredibly proud of our NPK culture and talented people.
By putting people first, we create a diverse and inclusive work environment that respects differences and strengthens connections. We remain steadfast in our commitment to
maintaining the highest levels of health, safety, and well-being for our employees and customers.
TALENT RETENTION
We are committed to attracting talented people and providing them with advancement opportunities and continually monitor employee turnover rates as part of our culture of continuous improvement. We also invest in continuous learning to equip our employees with the training, development, and support they need to thrive and succeed at
NPK. To support our efforts, we track annual training hours per employee across safety, leadership, technical, and compliance programs, to help ensure our development initiatives meet our organizational needs.
Our performance management process includes annual goal setting, ongoing feedback, and formal bi-annual performance reviews to support career growth and alignment with our company objectives.
COMPETITIVE PAY
We employ fair and equitable compensation practices aligned with our pay-for-performance. Our compensation programs are continually benchmarked against market data to ensure the fair treatment of our employees.
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NPK 2025 SUSTAINABILITY REPORT
EMPLOYEE BENEFITS
We value the whole person here at NPK. In every location, we offer various benefit programs to our employees and their families to support their health and wellness, including employee assistance programs.
EMPLOYEE ENGAGEMENT
We subscribe to the philosophy that engaged employees deliver higher-quality results and create a work environment that fosters a positive culture. We strive to connect our global workforce by giving people opportunities to be involved. Whether participating in our global townhall meetings, employee wellness program, training and development, or community events, employees can always find something to plug into here at NPK.
DIVERSITY AND INCLUSION
NPK is an equal opportunity employer. We are committed to attracting and retaining the best people and fostering an environment of openness and trust, empowering each of us to contribute to our full potential in meeting our customers' needs. We accomplish more when people from diverse backgrounds and with different talents and ideas work together in an environment where everyone can contribute and fully use their abilities.
COMMUNITY OUTREACH
We strongly believe in giving back to the communities where we live and work. Our philanthropic endeavors reflect our commitment to protecting our future, focusing on several programs supporting future generations. We invest through volunteer hours, team events, and charitable contributions. Examples of community programs that we proudly support include:
All Ears! Listening G Language Center
Providing a comprehensive Listening C Spoken Language program for children with hearing loss, including family-focused pediatric audiology, speech, and educational services.
HUMAN RIGHTS
At NPK, respecting and promoting human rights is fundamental to the success of our business and the well-being of our employees, customers, and communities.
We are committed to fostering a culture
where dignity, fairness, and equal opportunity are core values. This includes providing a work environment free from discrimination, harassment, and exploitation. We hold
ourselves and our business partners to high standards, ensuring human rights
are respected throughout our operations and supply chains. By upholding these principles, we create
an environment where everyone is treated with respect and dignity.
Sky High for Kids
A non-profit organization bringing communities together to provide comfort, fund research, and save the lives of those fighting pediatric cancer and other life-threatening conditions.
NPK 2025 SUSTAINABILITY REPORT 13
At NPK, we believe that a strong safety culture is essential for our success and for earning our customers' trust. We fully embrace our responsibility to continuously enhance this culture across our global operations and throughout our supply chain. Safety is not an afterthought; it is integrated into every step of our processes and is the highest priority core value among the core values that make up our corporate philosophy.
Our comprehensive management systems, supported by effective policies and procedures, provide clear guidelines for safe operations. However, true success depends on the commitment of each individual. Every team member plays a crucial role in making safety
a shared priority, ensuring that together we protect our people, our partners, and our future.
Over the past three years, NPK has demonstrated a sustained, multi-year improvement trend in our Total Recordable Incident Rate (TRIR), reflecting the effectiveness of our safety programs and our
continued commitment to protecting the health and wellbeing of our employees.
SAFETY MISSION AND VISION
Our mission is to create a zero-harm workplace, all the time, everywhere, by establishing practices to protect our people, communities, and environment.
Our vision is an extension of our NPK Core Values. It reflects our commitment to conducting activities that confirm the protection of the health and safety of our people, those involved directly or indirectly in our operations, and the environment where we live and work.
14
TOTAL RECORDABLE INCIDENT RATE (TRIR)
21
HSE TRAINING HOURS
PER PERSON
* Excluding business units acquired in 2025.
NPK 2025 SUSTAINABILITY
SAFETY TRAINING
We offer comprehensive training for employees on safety guidelines, regulatory requirements, best practices, and new initiatives to address the evolving needs of our workforce and customers. By utilizing various methods, including Monthly Safety Meetings, Safety Alert notifications, Toolbox Talks, and online learning platforms, we create a diverse and adaptable learning environment that caters to different learning styles. This proactive approach not only safeguards the wellbeing of our employees but also enhances customer confidence by promoting a culture of safety and awareness.
SAFETY INITIATIVES
We have implemented several initiatives to continuously enhance the safety and well-being of our personnel. These initiatives include unique global safety campaigns aimed at fostering communication and improving our Health, Safety, Environment, and Ǫuality (HSEǪ) Management System. Our global system captures all employee action cards (safety observations), incidents, management of change, and quality events as we drive continuous improvements in our safety program.
Additional NPK Safety programs include:
Stop Work Authority: Cultivating a culture of trust where every employee is empowered to halt unsafe situations.
Keystone Safety Rules: Endorsing ten essential life-saving rules to prevent serious injuries during high-risk activities.
Employee Recognitions and Awards: Recognizing and rewarding outstanding HSEǪ performers in each region quarterly to highlight their contributions to improving HSEǪ standards at NPK.
Safety-Based Behavioral System: Encouraging the submission of action cards to promote hazard awareness and prevent injuries.
Driver Safety: Promoting excellence in driver safety behavior through timely training completion and the use of telematics technology to assess driving behaviors, which can lead to supplemental training or rewards for safe driving.
Risk Resolution and Reduction: Integrating all components from the risk assessment cycle with a focus on a reactive approach to prioritization.
NPK 2025 SUSTAINABILITY REPORT 15
COMMITMENT
Each year, we engage with the majority of our shareholders, specifically to solicit their feedback regarding sustainability, governance, and executive compensation, and incorporate their valuable feedback into our annual planning. We are proud of our strong shareholder support, achieving a 95% approval of our named executive officer compensation in 2025.
Built upon our Core Values, we are committed to maintaining an environment of high ethical standards and robust governance practices. One of these Core Values, Integrity, acting honestly and ethically, is a critical component to our continued success as a company and remains the foundation for our business.
The NPK Code of Business Ethics and Conduct provides a clear framework, establishing our expectations for all global employees, our Board of Directors, and any individuals associated with NPK, to conduct themselves with the utmost integrity in everything they do.
Our Board promotes transparent corporate reporting, compliance with applicable laws, rules, and regulations, and corporate behavior that conforms to established governance standards. As of the end of 2025, the Board is comprised of six independent directors and NPK's Chief Executive Officer. We are proud of our Board independence, diversity, and robust Board member refreshment process, which helps ensure that our Board evolves with our changing business.
16 NPK 2025 SUSTAINABILITY REPORT
BOARD COMMITTEES
Our Corporate Governance Guidelines establish the following three Committees of the Board of Directors comprised of independent non-employee directors: The Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee. Here are additional responsibilities of each committee:
The Audit Committee provides an independent review of the integrity of the Company's financial statements, internal controls, and ethics policies.
The Compensation Committee is responsible for setting compensation standards for the Company's senior officers, administering the Company's equity-based incentive plans and producing an annual report on executive compensation.
The Nominating and Corporate Governance Committee acts as an advisor to the Board of Directors in matters of composition and function of the Board, identifying qualified individuals for election.
AGE
DIREC-
TOR SINCE
GENDER
ETHNICITY
OTHER BOARDS
COMMIT
AUDIT
TEE MEMBE
COMP
RSHIPS
ESG
INDEPENDENT
Rose M. Robeson
Board Chair
65
2018
Female
Caucasian
2
✓
Joseph A. Cutillo
60
2025
Male
Caucasian
1
✓
✓
✓
✓
Matthew S. Lanigan
CEO
55
2022
Male
Caucasian
-
Roderick A. Larson
59
2014
Male
Caucasian
1
✓
✓
✓
✓
Comp Chair
Michael A. Lewis
NCG Chair
64
2021
Male
African American
2
✓
✓
✓
✓
Claudia M. Meer
Audit Chair
64
2022
Female Caucasian
- ✓
✓
✓
✓
John C. Mingé
64
2017
Male Caucasian
-
✓
✓
✓
✓
Board statistics as of December 31, 2025
NPK 2025 SUSTAINABILITY REPORT 17
NPK is committed to conducting business in compliance with all applicable laws prohibiting bribery and corruption. Our Ethics and Compliance (ECC) Program and related policies are designed to communicate NPK's culture of compliance and commitment to abiding by Anti-Corruption Laws to all our employees and all parties we conduct our business with.
Our ECC Program has been designed per industry best practices outlined in the U.S. Department of Justice's Evaluation of Corporate Compliance Programs and the Resource Guide to the U.S. Foreign Corrupt Practices Act.
We have not made political contributions to candidates, campaigns, or political parties. Our engagement in public policy is limited to our participation in trade associations, which advocate on broad industry issues. These organizations operate independently in determining their political activities, and NPK does not direct or control their contributions.
We do not engage in aggressive tax planning, artificial structures, or tax avoidance schemes. Our approach aligns with our Core Values and reflects our commitment to transparency, compliance, and ethical conduct.
ANTI-BRIBERY AND ANTI-CORRUPTION
We are firmly committed to avoiding bribery and corruption and comply with all applicable laws in the United States and United Kingdom, where we operate. We require our suppliers, distributors, and other business partners and representatives to uphold this same standard. Many countries where we sell our products also have their own anti-bribery and anti-corruption laws. NPK requires its suppliers, distributors, and business partners to comply with anti-bribery and anticorruption laws and regulations in the jurisdictions in which they operate.
TRAINING
We have ongoing training for employees in areas of ethics and compliance. Our training program is designed with the intent to provide risk-based training to all appropriate personnel on an annual basis in the following topics:
Compliance and Business Ethics Practices
Anti-Bribery and Anti-Corruption
We deploy our training through industry-standard training management systems, tracking attendance and completion efficiently and effectively. The compliance department also conducts in-person training on critical topics, as needed. Our training programs are reviewed annually for effectiveness and to identify opportunities for improvement.
18 NPK 2025 SUSTAINABILITY REPORT
OPEN REPORTING AND ETHICS HOTLINE
All stakeholders are responsible for making NPK aware of any actual or suspected unethical behavior or violations of our code, policies, process, or applicable laws. All NPK employees receive training on their responsibility to report
unethical conduct or violations and the methods of making such a report, including reporting
to management, legal, or via the Company's reporting hotline. The hotline is operated by a third party, and is available 24 hours a day, 7 days a week.
Web: https://npki.com/governance
Our Board of Directors, as a whole and through its Committees, oversees our Enterprise Risk Management (ERM) processes for identifying, assessing, and mitigating risks to the Company, including any climate-related risks. Our management teams are responsible for managing risk daily, leveraging input from operational leaders, and key support functions, including Internal Audit, Risk, and HSEǪ. In accordance with our ERM Policy, we review our evolving enterprise risk landscape quarterly, evaluating appropriate course corrections or mitigating actions to implement in response to these risks. It is then reported bi-annually to the Board of Directors.
Our ERM framework guides our long-term and short-term planning, including developing appropriate strategic goals incorporated into our annual business plans. The long-term strategy and annual business plans are presented by management and approved by our Board.
Vendor and Supplier relationships based on trust, respect, and a shared commitment to ethical business conduct are essential to our Company's success. We can provide the best products and services partly because of our strong relationships with vendors and suppliers. We hold our vendors and suppliers to the same standards of ethical business conduct that we hold ourselves to and expect them to act ethically and in compliance with applicable laws and the principles outlined in the Code of Business Ethics and Compliance.
We manage rental and service operations in the United States and the United Kingdom, with our manufacturing operations located in the United States. 100% of our raw materials consumed in our manufacturing operations are procured domestically. We are a member of the Sustainable Supply Chain Alliance, an organization of utilities and suppliers working together to advance sustainable practices in utility supply chain and supplier networks.
To ensure customer satisfaction and compliance with customer sustainability requirements, we maintain a structured customer feedback process, including post project surveys, service reviews, and direct engagement with client teams. Insights
from this process inform product innovation, service enhancements, and continuous improvement efforts across our operations.
NPK 2025 SUSTAINABILITY REPORT 1G
The Sustainability Accounting Standards Board Foundation (SASB) is an independent, nonprofit standard-setting organization that develops and maintains voluntary reporting standards that enable businesses around the world to identify, manage and communicate financially material sustainability information to their investors.
This report provides data and information for NPK's global operations for 2025, including all wholly-owned subsidiaries pertaining to standards applicable to companies classified by SASB in the Engineering and Construction Services Industry as per SASB's Sustainable Industry Classification System®.
TOPIC ACCOUNTING METRIC G CODE DISCLOSURE AND ADDITIONAL INFORMATION
Number of incidents of non-compliance
with environmental permits, standards
and regulations
None known.
IF-EN-160a.1
We continue to focus on optimizing logistics to reduce greenhouse gas
emissions associated with the product movements between Company
locations, as well as between NPK and customer worksites. We have
developed and implemented a digital solution leveraging enhanced data
analytics, enabling our team to optimize the movement of rental assets
between locations and reduce our carbon footprint. We also continue to
utilize telematics technology for our vehicle fleet, enabling the tracking of
vehicle data in real-time, improving efficiency and reducing fleet energy
Environmental Impacts of Project Development
Discussion of processes to assess and manage environmental risks associated
consumption and carbon emissions. Further, in an effort to maximize fleet utilization and minimize vehicle waiting time and reduce greenhouse gas emissions, we also utilize local-based carriers for outbound deliveries and leverage brokers for efficient warehouse-to warehouse
product moves. At NPK, our RCD efforts constantly aspire to further
with project design, siting and
improve our sustainability baseline. Our product portfolio not only
construction
includes the DURA-BASE Advanced Composite Mats but also includes
the patented and ASTM 2715-9 certified EPZ Grounding System designed
IF-EN-160a.2
for enhanced safety and efficiency working on power line maintenance
and construction projects. In 2023 we launched our newest generation
matting systems, the industry's lightest heavy-duty composite mat,
which provides a distinct environmental advantage for our customers as
compared to alternative wood mat products in the market, eliminating
deforestation required to produce wood mat products and reducing
greenhouse gas emissions associated with product transportation. In
2025, we began tracking Scope 1 and Scope 2 related items such as
electricity consumed by the majority of our sites and fuel consumption
for our on and off road vehicles. Over time, this tracking may provide
useful insights into areas of improvement in activities related to Scope 1
and 2 GHG.
20 NPK 2025 SUSTAINABILITY REPORT
Disclaimer
NPK International Inc. published this content on May 14, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 14, 2026 at 21:54 UTC.