Our HSE Policy

FET is committed to protecting the health and safety of our employees and customers, and preserving the environment. One of our areas of focus is “Making Health, Safety, and the Environment Personal”. We encourage employees to take personal responsibility for their safety and that of their fellow employees, and the environment. FET strives to continuously improve our health, safety and environmental (“HSE”) processes to achieve an incident-free workplace while maintaining a healthy respect for the environment. We expect that not only will our employees adhere to our policies, but our contractors, suppliers and vendors will also abide by their requirements.

We strive to prevent all injuries and accidents. Every employee is responsible not just for their own safety, but for the safety of their co-workers. Our goal is to develop a culture where making safe and environmentally conscious decisions is an everyday behavior for all employees. All Company personnel are empowered with “Stop Work Authority” and are expected to use this authority when they consider a situation to be unsafe, or that could put people or the environment at risk.

We are committed to having visible leadership, care and concern for our people and respect for the environment, and have implemented global HSE expectations and HSE management systems to help drive a culture of excellence throughout Forum.

The HSE laws continually evolve. Whenever a question arises as to the application of HSE laws or regulations, Forum employees should seek advice from HSE personnel and/or the General Counsel, and be guided by the advice received.

Our HSE Principles

  • Value human life above all else and mitigate risks accordingly;
  • Comply with all HSE laws and set higher standards for ourselves when unacceptable risks are identified;
  • Maximize transparent reporting by accurately measuring and analyzing our performance;
  • Be actively engaged in the communities where we do business;
  • Promote sustainable development by incorporating social responsibility, environmental renewal, and economic growth in our decision-making process;
  • Hold all employees and members of our supply chain accountable for the implementation of our HSE Policy and Principles;
  • Review the HSE policy periodically to ensure that it remains relevant and appropriate;
  • Work continuously to improve safety and environmental performance by setting attainable targets; and
  • Commit adequate resources that support this policy.

Safety

Safety is our top priority at FET, and we actively engage our workforce to ensure that “No One Gets Hurt,” one of our Core Values.  Since our initial public offering in 2012, we have achieved a steady decrease in our total recordable incident rate by setting aggressive targets and holding our fellow employees to a high standard.  We have a standardized system to track all incidents, near-misses, and observations and maintain a continuous improvement approach to our safety program.

LTIR = Lost Time Incident Rate

TRIR = Total Recordable Incident Rate

FACR = First Aid Case Rate

NMFR = Near Miss Frequency Rate

We also expect our contract workers to follow all our Safety standards starting with their very first day on the job with our standardized Safety Orientation.  Contract labor incidents are included in our overall company statistics.

Climate Change

FET is committed to protecting our employees and the environment in which we live and work.   We continually monitor our climate and environmental related policies, laws, and regulations to help shape our business practices. Our goal is to minimize our environmental impact on the world. We are actively engaged in improving our waste management program, air quality, and reducing our energy and fuel usage.

We believe our continued strategies to monitor and reduce emissions and waste is fundamental to our future busines and business relationships.  We have a team of employees that not only work to improve safety, but also health and environmental issues across the globe.  This team continues to standardize and deploy best practices.  These actions were contributing factors to our achievement of zero significant environmental events in 2020.

FET has been involved in several real property acquisitions and divestitures, and practices environmental evaluation and disclosure.  Environmental risk assessments from independent third-party environmental firms are performed for transparency of all issues and so that we can take responsible actions to ensure environmental integrity upon entry and departure.

Our Board of Directors, or its Nominating, Governance and Sustainability Committee, receives a health, safety and environmental report on a quarterly that covers a variety of relevant topics.  The foundation of our sustainability efforts extends from the Board of Director throughout our organization.

Non-Profit and Political Contributions

None of our directors serves as a director, executive officer or employee of a non-profit organization to which we made payments or contributions in excess of $25,000 over the last three fiscal years. During 2020, Forum did not use corporate funds for the purpose of political advocacy or campaign contributions. Corporate funds were also not directed to trade organizations with the intent to influence legislation. Forum does make an annual membership payment of $20,000 to the Energy Workforce & Technology Council. Through this membership, Forum is able to network with other industry professionals to discuss best practices regarding areas such as Health, Safety and Environmental matters.

Air Emissions

FET is a small quantity generator of emissions.  We have some gas-powered machines and generators that are used infrequently.  Throughout our manufacturing footprint, we have negligible GHG emissions.  FET uses independent, third party environmental companies to review, calculate and report emissions at both the state and federal levels.

All our manufacturing sites monitor and report, if required, significant air emissions including NOx, SOx, VOCs, PM, and HAPs through a toxic release inventory (“TRI”) report on a yearly basis.  Sites exceeding the TRI threshold report these emissions at the state level.  Only 30% of our manufacturing sites meet the emissions threshold requiring state level reporting.

Although our GHG emissions and significant air emissions are already low, we continue to look for ways to reduce emissions through machine enhancements, vendor relations, and new technologies.

Energy Consumption

At FET, we are committed to reducing our energy consumption across our footprint and have made improvements towards this end.  We currently monitor both our electric and gas usage at all our locations.  Over the past three years, we have reduced our gas usage by 18% and our electric power usage by 30%.

We have piloted using renewable energy. In 2020, one site utilized renewable energy for 12% of its energy usage as part of the utility provider’s plan.  With this success, we intend to further integrate this process into more of our locations over the next two years.

To further reduce FET’s total energy consumption, management is creating a consolidated scorecard for fuel and electricity usage at our business locations.  In addition, management is partnering with FET’s supply chain to develop renewable alternatives. We believe these initiatives will support a transition by our operations teams toward higher new energy usage.

2020 Gas Usage by FET Location

2020 Electric Power Usage by FET Location

Waste Management

At FET, our manufacturing and distribution sites seek to manage their waste responsibly. Through our supply chain and HSE teams, we actively seek opportunities to recycle operational materials where possible. We also educate our employees through our computer-based training on universal waste management and hazardous waste awareness.

All our U.S. manufacturing sites report total hazardous waste generation through Toxic Release Inventory (TRI) which is reported annually to state, federal and local government environmental agencies.

Our program utilizes licensed waste brokers to properly dispose of hazardous, non-hazardous, and universal waste streams. These transactions are documented with waste manifests at each FET site. Common recycled items at Forum are scrap metals, used oils, cardboard, wood, paper, bulbs, and batteries.

In our Texas and Pennsylvania manufacturing sites, we have pollution prevention plans which identify waste reduction, recycling, and elimination of both hazardous and non-hazardous waste streams. Also, many of our facilities perform annual waste audits to ensure our current processes and to identify areas for further opportunities to reduce the amount of waste generated.

We actively research and partner with vendors on ways to conserve our operational resources and eliminate waste responsibly.  Our recent waste reduction efforts include pallet compactors for wood recycling, cardboard compactors for cardboard recycling, aerosol can crushers, and the use of tablets to eliminate the need for paper.  We have and continue to invest in onsite oil recycling equipment at our facilities.

Fleet

FET utilizes fleet vehicles for service, sales, and delivery.  Forum tracks fuel spend, fleet size and age for Company owned and leased vehicles.  In addition, DOT vehicles utilize Electronic Logging Devices to track mileage and fuel usage.

We are proactively engaged in reducing fuel usage year over year.  Over the last two years Forum has reduced fuel spend by 61%.

We have made huge strides in our plan to reduce fuel consumption and petroleum-based products through replacement of older vehicles with newer, more efficient units. Within the last 2 years, FET has removed 32% of unneeded, unused, or older company owned vehicles from service.

FET’s strategy is to further reduce fuel consumption through fleet driver training with our computer-based learning management system.  We will continue to research other viable options such as fleet vehicle tracking devices for non-DOT fleet vehicles and better tracking of mileage and fuel spend through a fleet gas card program.

2018

Fleet Fuel Usage= Spend: $1,155,17.99

254 fleet vehicles

Average # of company leased vehicles: 55

MPG for DOT vehicles: N/A

2019

Fleet Fuel Usage = Spend: $90,483.97

247 fleet vehicles

Average # of company leased vehicles: 79

MPG for DOT vehicles 10.38

2020

Fleet Fuel Usage = Spend: $45,065.02

173 fleet vehicles

Average # of company leased vehicles: 69

MPG for DOT vehicles 9.47

Global Tubing API and ISO Certifications

Each tubing string undergoes rigorous in-line and final quality testing against both industry standards and Global Tubing’s own quality system to assure the tubing is manufactured to customer requirements. In July of 2014, Global Tubing became recognized as one of two coiled tubing providers in the world to successfully complete the API 5ST Monogram & ISO 9001/API Certification process.