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Our Transition Technologies portfolio is a key enabler in decarbonizing our customers’ production operations, reducing operational carbon intensity, and lowering methane emissions.
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The methane point sensor, pinpointing methane leaks in the field.
Read MoreThis is a significant opportunity, given that our Scope 3 emissions account for almost 95% of our total emissions.
We are making progress, achieving a ~21% reduction in Scope 3 emissions against our 2019 baseline, and helping customers avoid more than 830,000 metric tons of CO2e in 2023—equivalent to taking almost 185,000 cars off the road.1
metric tons of CO2e avoided for customers in 2023
The at-bit steerable well drilling system that helps decarbonize drilling operations.
Read MoreWe also look to our
own business and
Walk the talk
We are focusing on operational efficiency, electrification, job design, and low-carbon fuel alternatives to progress on our own Scope 1 and 2 emissions, achieving a ~24% reduction in our Scope 1 and 2 emissions against our 2019 baseline.
Read more here
We are industry-leading in announcing a comprehensive 2050 net zero target inclusive of Scope 1, 2, and 3 emissions across our value chain.
Our 2023 Scope 1&2 progress
~0%
Reduction of Scope 1&2 absolute emissions against our 2019 baseline
Our 2025 target
0%
Reduction of Scope 1&2 absolute emissions against our 2019 baseline
Our 2030 target
0%
Reduction of Scope 1&2 absolute emissions against our 2019 baseline
Our 2023 Scope 3 progress
~0%
Reduction of Scope 3 absolute emissions against our 2019 baseline
Our 2030 target
0%
Reduction of Scope 3 absolute emissions against our 2019 baseline
By working to respect human rights, promoting diversity and inclusion in the workplace, unlocking human potential for innovation through STEM education, we’re fortifying our communities.
Investing in our people and the countries where we operate helps to strengthen our collective future.
Our holistic water stewardship strategy—Measure, Reduce, Replenish—addresses water-related challenges and opportunities within our company, the communities where we operate, and for our customers.
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Designing or redesigning a product or process to consume less and be more resource efficient.
Using or redistributing a product for its original intended purpose or functionality.
Restoring or reconditioning a product for a new use case, maintaining its original intended functionality or modernizing it to meet current needs.
Repurposing or remanufacturing a product to serve a different function than originally intended.
Reclaiming material at the end of life to reduce landfill waste and the consumption of virgin materials.
Our ambition to go further for our customers, our people, the communities we work in and for the planet, keeps us in a mindset of
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Our journey to lower emissions, decarbonizing customer operations, and scaling new energy systems.
ViewWe put people first by respecting human rights, building a more inclusive workplace, and driving positive socioeconomic outcomes.
ViewWe've identified three key environmental issues that are significant for our operations: biodiversity, natural resources, and circularity.
ViewReferences
1. Calculated per US EPA Greenhouse Gas Equivalencies calculator
2. The methane lidar camera is a licensed product of QLM Technology Ltd.
Important Notes
Certain information on this webpage, as well as other statements we make, include forward-looking statements. Such statements often contain words such as “expect,” “may,” “can,” “believe,” “predict,” “plan,” “potential,” “projected,” “projections,” “precursor,” “forecast,” “outlook,” “expectations,” “estimate,” “intend,” “anticipate,” “ambition,” “goal,” “target,” “scheduled,” “think,” “should,” “could,” “would,” “will,” “see,” “likely,” and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain and subject to risks, including but not limited to the risks we identify in our filings with the Securities and Exchange Commission (SEC). As such, actual results or outcomes, including but not limited to our progress on or ultimate achievement of any of our ESG targets or initiatives, may vary materially from those reflected in our forward-looking statements. Moreover, sustainability matters are subject to significant scrutiny and evolving expectations. Our approach to such matters may evolve as well, and we cannot guarantee that any approach we take will necessarily align with any particular stakeholder’s preferences. Our statements on such matters should therefore not be unduly relied on without considering the relevant risks, disclaimers, and methodological qualifications, including any such information provided in our filings with the SEC and in our more comprehensive sustainability reporting. Similarly, while we provide information on various sustainability matters which are important to us or various stakeholders, such information is not necessarily material for purposes of our obligations under various reporting requirements. Additionally, statements herein are made as of February 2024, and we disclaim any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.