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 reported Scope 1 emissions of 516,000,000 kg CO2e and Scope 2 emissions of 445,000,000 kg CO2e. By 2022, these figures had decreased to 376,172,500 kg CO2e for Scope 1 and 193,933,400 kg CO2e for Scope 2, indicating a concerted effort to lower direct and indirect emissions. Despite these reductions, Baker Hughes has not publicly committed to specific science-based targets or reduction initiatives, as indicated by the absence of documented reduction targets. The company continues to focus on sustainability and reducing its environmental impact, aligning with industry standards for climate action. Baker Hughes's emissions data highlights the importance of addressing both operational and supply chain emissions, particularly given the substantial Scope 3 emissions, which account for the majority of their carbon footprint. The company remains committed to enhancing its sustainability practices as part of its broader climate commitments.
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 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.