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, 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.
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.
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.
Industry Benchmark
Baker Hughes's score of 65 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Baker Hughes's reported carbon emissions
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. The combined total for Scope 1 and 2 emissions was about 564,728,000 kg CO2e. This reflects a significant operational footprint, particularly in Scope 3, which encompasses emissions from the entire value chain. Baker Hughes has set ambitious climate commitments, aiming to reduce Scope 1 and 2 emissions by 50% by 2030, with a long-term goal of achieving net-zero emissions for these scopes by 2050. This commitment positions Baker Hughes as a proactive player in the energy sector's transition towards sustainability. The company has established interim targets to ensure progress towards these goals, demonstrating a clear strategy for emissions reduction. In 2023, the company reported similar figures, with Scope 1 emissions at approximately 383,096,100 kg CO2e, Scope 2 emissions at about 191,417,100 kg CO2e (market-based), and Scope 3 emissions reaching approximately 433,728,176,000 kg CO2e. The consistency in emissions reporting highlights the ongoing challenge of managing carbon outputs while pursuing growth. Baker Hughes's commitment to sustainability is underscored by its transparency in emissions reporting and its strategic initiatives aimed at reducing its carbon footprint, aligning with global climate goals and industry standards.
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| 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 |
Industry emissions intensity
Location emissions 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 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.
