Responsible Business

The Noble Code: Our foundation of ethics and integrity

At Noble, being a responsible business means doing what is right. We believe doing the right thing benefits our stakeholders and our business, enhancing our ability to be the First Choice Offshore driller.

Noble strives to adhere to high standards for ethics, integrity, health, safety, and environmental stewardship to earn respect around the world.

We are deeply committed to operating ethically and with integrity in all aspects of our business. This commitment reflects our responsibility to our employees, customers, vendors, stakeholders, society, and the environment. The Noble Code of Conduct explains our responsibilities to our people, the communities where we operate, and the world.

The Code describes why these responsibilities matter and how we uphold them. It serves as a living, active reference that guides us as individuals and as a company, offering a model for ethical decision-making to help us choose the right path.

The Code covers a wide range of topics related to sustainability, health and safety, environmental responsibility, and our business relationships. Working in tandem with the Code, our management system provides detailed guidance, through policies and procedures, on how we work to uphold our mission, vision, and values.

Our Code applies to all employees, executives, officers, and members of our Board of Directors, and is available online in ten languages. All third parties doing work for Noble must maintain a code of conduct that aligns with our principles or must adopt our Code.

Noble’s Chief Compliance Officer has direct access to the chair of the Audit Committee and reports quarterly to the full Audit Committee on both the Code and ethics and compliance program.

Ethics and compliance training in 2025

93%

completion of online training

92%

completion of in-person training by target audience at shorebases and major offices globally

Conducted in-person training in 5 offices and on 3 rigs worldwide

Training emphasizes fundamentals

Employees complete online Code training upon hiring and annually thereafter, so that employees receive a refresher at least once a year. In 2025, our ethics and compliance team conducted in-person training at most of our major offices and continued in-person sessions on rigs.

We remain committed to our goal of 100% completion of online training and to providing regular in-person training at our offices and our rigs.

Training in 2025 focused on increasing awareness of Noble’s process for reporting concerns, potential Code violations, and illegal or unethical business conduct. Employees are obligated to report concerns and Noble provides multiple channels to support this responsibility. In addition to our anonymous, confidential NobleLine resource, employees may report concerns to a designated person ashore, or to representatives from Human Resources, Ethics and Compliance, Legal, Finance, Internal Audit, HSE, or any supervisor. The company pledges to receive reports anonymously, investigate them thoroughly, and enforce our non-retaliation policy for reports made in good faith.

We engage employees on ethics and compliance through in-person and computer-based training, a mobile app, a dedicated internal website and ongoing executive advocacy, all supported by our strong culture of ethics.

We believe that following laws, complying with regulations, and adhering to high global standards will help Noble continue to operate as a sustainable enterprise. 

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