Baker Hughes, a GE company, is a leading global provider of integrated oilfield products, services, and digital solutions. Headquartered in the United States, the company operates extensively across major regions, including North America, Europe, the Middle East, and Asia. Founded in 1907, Baker Hughes has achieved significant milestones, including advancements in drilling technology and digital innovation. The company’s core offerings encompass oilfield services, turbomachinery, and digital solutions, distinguished by their commitment to sustainability and efficiency. Baker Hughes is recognised for its pioneering work in the energy sector, particularly in enhancing operational performance and reducing environmental impact. With a strong market position, Baker Hughes continues to drive innovation, making it a key player in the evolving energy landscape.
How does Baker Hughes's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Baker Hughes's score of 70 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Baker Hughes reported total carbon emissions of approximately 386,367,000 kg CO2e for Scope 1, 178,361,000 kg CO2e for Scope 2 (market-based), and a staggering 375,422,657,000 kg CO2e for Scope 3 emissions. This reflects a significant commitment to transparency in their emissions reporting across all scopes. Baker Hughes has set ambitious targets to reduce its carbon footprint, pledging to achieve a 50% reduction in Scope 1 and Scope 2 emissions by 2030, with a long-term goal of reaching net-zero emissions by 2050. This commitment is part of their broader Carbon Out programme, which encourages employee engagement in sustainability efforts. In 2023, the company reported Scope 1 emissions of approximately 383,096,100 kg CO2e and Scope 2 emissions of about 191,417,100 kg CO2e (market-based). The Scope 3 emissions for the same year were reported at approximately 433,728,176,000 kg CO2e, indicating the substantial impact of their supply chain and product use. Baker Hughes's climate initiatives are not only focused on direct emissions but also encompass a comprehensive approach to managing their entire carbon footprint, including significant Scope 3 emissions. The company is actively working towards these targets, demonstrating a commitment to sustainability in the energy sector.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 516,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 445,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 215,000,000 | - | - | - | 000,000,000,000 | 0,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Baker Hughes is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.