Public Profile

Baker Hughes

Baker Hughes, a GE company, is a leading global provider of integrated oilfield products, services, and digital solutions. Headquartered in the United States, Baker Hughes operates extensively across key regions including North America, Europe, the Middle East, and Asia. Founded in 1907, the company has achieved significant milestones, including pioneering advancements in drilling technology and reservoir management. Specialising in oil and gas exploration, production, and processing, Baker Hughes offers a diverse range of core products and services, such as drilling systems, pressure pumping, and subsea technologies. What sets them apart is their commitment to innovation and sustainability, driving efficiency and reducing environmental impact. With a strong market position, Baker Hughes is recognised for its technological leadership and strategic partnerships, making it a vital player in the energy sector.

DitchCarbon Score

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.

36

Industry Average

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.

12

Industry Benchmark

Baker Hughes's score of 36 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Baker Hughes's reported carbon emissions

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 represents a notable increase in emissions compared to previous years, particularly in Scope 3, which includes emissions from the use of sold products and upstream and downstream transportation. Over the years, Baker Hughes has shown a trend of fluctuating emissions. For instance, in 2012, the company emitted about 516,000,000 kg CO2e from Scope 1 and 445,000,000 kg CO2e from Scope 2. By 2019, these figures had changed to approximately 501,791,100 kg CO2e for Scope 1 and 299,296,100 kg CO2e for Scope 2, indicating some progress in reducing direct emissions. Despite these figures, Baker Hughes has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction targets suggests a need for clearer commitments to address their carbon footprint effectively. Overall, while Baker Hughes has made strides in emissions reporting, the lack of concrete reduction initiatives highlights an area for potential improvement in their climate strategy.

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Add to project
201220162017201820192020202120222023
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Baker Hughes's primary industry is Machinery and equipment n.e.c. (29), which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Baker Hughes is headquartered in US, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

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 committed to some 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers