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 36 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 a continued commitment to transparency in their emissions reporting across all three scopes. Over the years, Baker Hughes has demonstrated a trend of reducing its Scope 1 and Scope 2 emissions, with figures decreasing from 516,000,000 kg CO2e in 2012 to 383,096,100 kg CO2e in 2023 for Scope 1, and from 445,000,000 kg CO2e in 2012 to 191,417,100 kg CO2e in 2023 for Scope 2. However, the company has not set specific reduction targets or initiatives as part of its climate commitments, indicating a need for further strategic planning in this area. Baker Hughes's emissions data highlights the importance of addressing Scope 3 emissions, which represent the majority of their carbon footprint. The company has yet to announce any formal climate pledges or science-based targets for emissions reduction, suggesting an opportunity for enhanced climate action and commitment to sustainability in the future.
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.