case studies - Dresser-Rand

OUR APPROACH TO
SUSTAINABILITY
4 DRESSER-RAND
Sustainability provides a framework for understanding emerging trends, viewing
the world holistically and understanding how these emerging trends in society,
technology and energy resources should influence our business decisions.
By 2050, the world’s population is expected to grow from nearly seven billion
to more than nine billion people. Most of this population growth will occur in
developing countries. As the world’s population grows, the demand on all
energy resources will increase. Even as the United States establishes global
goals to achieve 20% of its energy coming from renewables by 2030, fossil
fuels will remain the prime source in its energy basket through 2050. And
with 75 years of oil and 130 years of natural gas available to us, these natural
resources will be sufficient to meet the energy demand and growth of the
developing countries into the future.
Dresser-Rand supports the prudent development of our oil, gas and coal
natural resources. Investment in technologies that enhance the efficiencies
of our clients’ operations and lower carbon intensity are aligned with our
sustainability principles.
Therefore, we believe we can support sustainability by investing in advanced
technologies and improving our core products and services. Also, we continue
to position Dresser-Rand in expanding our support of environmental solutions,
emerging renewables technologies and alternative energy markets. We
do this by using a diligent approach to innovation and investing in new and
emerging technologies.
We continue to build upon our sustainability principles and values by following
a business approach that deals with sustainability issues that intersect with our
value chain. This presents opportunities for shared value with our clients that are
also important to our stakeholders and the greater societies where we operate.
OUR SUSTAINABILITY PRINCIPLES
• Maintaining the highest standards of business ethics, governance, integrity,
and safety
• Embracing opportunities and managing risks deriving from economic,
environmental and social developments
• Responsibly using material and energy resources
• Providing environmental solutions with economic value for our clients
• Addressing issues of consequence to our stakeholders with sustainable
business practices
• Developing technologies, products, and services that bring energy and the
environment into harmony
• Investing in the development of our employees and the communities where
we operate
• Creating long-term stockholder value through sustainable processes,
products and services
By including our suppliers and clients across our value chain, and engaging
our employees and the communities in which we operate, we can identify and
provide solutions that create long-term stockholder value through sustainable
products and services that benefit society.
The future of energy demand presents an array of challenges, and we look
forward to the opportunities that come with it.
Brad Dickson
Vice President, Chief Marketing Officer