We are pleased to share ADC’s annual 2018 Sustainability Report which highlights our approach, performance and achievements in 2018. This report helps measure, understand and communicate our economic, environmental, social and governance performance, and also set goals, and manage change more effectively. In 2018, our company experienced unprecedented growth beyond even what has originally been forecasted: in less than a year we added 16 new rigs to our fleet and on-boarded more than 1,800 new employees.
Despite the extensive recruiting, we maintained our Saudization rate at 73% in 2018 demonstrating our continued commitment to hire and develop Saudi workforce at all levels. This was recognized by our main client Saudi Aramco granting ADC with the 2018 IKTVA Excellence award “Best in Saudization”. Our efforts are continuing and our Saudization rate is now more than 75% which is unprecedented in the industry.
We had an impact on our employees, our communities, our environment and our business, by advancing our governance systems, investing in cutting-edge technologies and strengthening our technical education and wellness programs. ADC continued its commitment to institutional philanthropy, as a member of the communities where we operate across the Kingdom.
For the outstanding accomplishments of 2018, we extend our profound gratitude to the ADC family. Your dedication and hard work made the seemingly impossible possible. As we continue to work together to position ADC as the leading drilling services provider aligned with the Kingdom’s 2030 Vision, we recommit to our sustainability vision and goals and look forward to the shared benefits of our efforts.
ADC Managing Directors