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We Mitigate Risks, Anticipate and Respond Effectively to Regulations, and Operate Sustainably.

ESG underpins all we do.

We’ve developed our technology to decrease the need for paper products, reduce personnel required on site and lower safety risks. Our suite of technology includes apps and software we’ve developed to minimize paper dependency and to increase productivity and the industry-leading programs we employ such as Microsoft Power BI.

Environmental: Measuring Carbon Footprint

AXIOS shares society’s concern with protecting the environment and is committed to minimizing our carbon footprint and educating our employees about what individuals can do to make a difference.

We’ve taken steps to reduce our environmental impact, including replacing vehicles with hybrid service trucks and digitizing our job safety analyses, paychecks and work requests. As a result, we have an extremely low carbon footprint as measured by a third-party consultant, WAP Sustainability Consulting.

Social: Diversity in Employment

We promote diversity and inclusion in the workplace and communities we live and work in.

AXIOS strives to empower employees to improve their lives and grow within the company. We support our employees with equal opportunity employment, and we provide and incentivize continuing education opportunities.

We also provide a paperless onboarding process, centralized and accessible payment portal, health benefits for all employees and opportunities for internal advancement.

 

Governance: Pursuit of Excellence

AXIOS is committed to a culture of integrity. The principles of responsibility, trust and transparency steer our operations in pursuit of excellence in corporate governance.

Code of Ethics

Ethical Conduct

AXIOS is accountable to many different stakeholders, from its board of directors to its clients and business associates to its employees and their families to the communities where AXIOS employees work and live.

AXIOS expects its employees to abide by ethical business practices in all situations and circumstances, regardless of local culture or business climate and regardless of the competitive environment in which the Company may find itself. These ethical business practices help promote the Company’s strategy as it seeks to grow its business and bring value both financially and ethically to Company stakeholders.

This Policy provides a consistent, Company-wide statement of its business practices and workplace conduct and thereby establishes the expectations, obligations and responsibilities of its employees. This Policy cannot address every ethical challenge the Company and its employees may face, but the principles outlined herein are intended to be guideposts that can apply to a wide range of circumstances.

AXIOS’ reputation for acting ethically and responsibly is built one decision at a time, every day, by each employee. This and other Company policies give employees information to perform their jobs ethically.

Each employee is responsible to know and comply with the policies that apply to the work they do and the decisions they make. Each Company employee, especially leaders and managers, must act with integrity and inspire trust.

Management has the added responsibility for creating an open work environment where employees feel comfortable raising concerns and demonstrating, through their actions, the importance of ethical conduct.

Again, ethical behavior does not simply happen; it is the product of clear and direct communication of behavioral expectations, modeled from the top and demonstrated by example. Ultimately, actions are what matters.

Managers must be responsible for promptly addressing ethical questions or concerns raised by employees and for taking the appropriate steps to deal with such issues. Managers should not consider employees’ ethics concerns as threats or challenges to their authority but rather as another encouraged form of business communication. AXIOS wants the ethics dialogue to become a natural part of daily work.

ESG Policy

This AXIOS Industrial Group LP (AXIOS) policy document is intended to complement and be applied in conjunction with the following:

  • Health, Safety and Environment Policy

  • AXIOS Group Code of Conduct

Context and Overview

At AXIOS we believe that we have an important role to play in enabling and supporting the environment including the reduction in global carbon emissions. We believe that AXIOS has a responsibility toward the care of its employees and the communities in which it operates.

AXIOS is committed to a more sustainable planet, and each of these responsibilities benefits all our stakeholders: customers, employees and investors.

Our business strategy is aligned with these stated values. We aim to strategically manage the company with the changing energy landscape, such that the AXIOS is able to provide services that aid in the challenges and opportunities society faces. 

Policy Actions

1. General: The Company will establish and maintain an environmental, social and governance management system, which will incorporate a range of existing, updated and new:

  • Policies

  • Strategy

  • Targets and Goals

  • Review and Improvement

2. Policy actions with respect to the environment

2.1 The Company will align its business strategy and service offerings, to the fullest extent possible, to support the need to reduce global greenhouse gas (GHG) emissions.  

2.2 The Company uses its expertise and capabilities to support and enable the efficient use of power from renewable sources at each of our facilities. In 2021, all AXIOS facilities in the state of Texas switched to only purchasing electricity from renewable sources. In 2022 we will add the remainder of our facilities in Oklahoma, Louisiana, Oklahoma, Georgia and Florida.

2.3 The Company provides services that help our customers manage their projects and infrastructure more efficiently and safely, including reducing emissions through our robotic blasting processes and minimizing environmental impact.

2.4 The Company will track and minimize the impact of its operations on people and the environment, specifically with respect to emissions.

2.5 The Company will establish a system to track GHG emissions from its operations and seek to reduce those emissions in a targeted manner and annually report on the results from third parties.

3. Policy actions with respect to social impact

3.1 The Company maintains a strong health, safety and environment (HSE) culture, supported by a robust HSE management system.

3.2 The Company treats all employees, suppliers, partners and communities with respect and equality, the principles of which are laid out in a code of conduct.

3.3 The Company will support diversity and equality in its recruiting, employment and management processes, the principles of which are laid out in a code of conduct.

3.4 The Company maintains a code of conduct and a management system that supports the code of conduct.

3.5 The Company is careful to avoid both the appearance and actual conflicts of interest.

4. Policy actions with respect to governance

4.1 AXIOS is owned by a private equity firm and select members of management. The nature of such ownership is that the intent, goal and strategy of its owners are represented by its five-member board of directors that oversee the management of key risks.

4.2 During 2021, the chief executive officer of AXIOS reports specifically on ESG matters directly to the board of directors. 

4.3 The Company maintains proper financial and operating records and obtains a third-party audit by a nationally recognized audit firm. 

4.4 The Company sets targets and goals that can be tracked and verified.

Targets

AXIOS will publish an ESG report each year, commencing in 2021.

  1. AXIOS will report regularly on ESG matters directly to its board of directors.

  2. The Company will publish its GHG and other environmentally damaging emissions annually.

  3. AXIOS will establish targets to reduce GHG emissions.