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 41 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Baker Hughes reported total carbon emissions of approximately 574,513,000 kg CO2e, comprising 383,096,100 kg CO2e from Scope 1, 191,417,100 kg CO2e from Scope 2, and a significant 433,728,176,000 kg CO2e from Scope 3 emissions. This reflects the company's ongoing commitment to addressing its carbon footprint across all scopes of emissions. Over the years, Baker Hughes has demonstrated a trend of reducing its emissions. For instance, in 2012, the company recorded total emissions of about 1,176,000,000 kg CO2e, with Scope 1 emissions at 516,000,000 kg CO2e and Scope 2 emissions at 445,000,000 kg CO2e. This indicates a notable decrease in emissions over the past decade. Despite the absence of specific reduction targets or initiatives outlined in their recent reports, Baker Hughes continues to engage in various sustainability efforts aimed at minimising its environmental impact. The company is actively involved in the energy sector, which is under increasing scrutiny for its carbon emissions, and is likely to align its strategies with industry standards and climate commitments. Baker Hughes's emissions data highlights the importance of transparency and accountability in corporate climate strategies, as the company navigates the challenges of reducing its carbon footprint while maintaining operational efficiency.
Access structured emissions data, company-specific emission factors, and source documents
2012 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
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 |
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 |
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 |
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 committed to any reduction initiatives 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.