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Baker Hughes, a prominent player in the machinery and equipment sector, is headquartered in the United States and operates extensively across North America, Europe, and the Asia-Pacific region. Founded in 1907, the company has evolved significantly, marking key milestones in innovation and technology within the oil and gas industry.
Specialising in advanced drilling, production, and reservoir consulting services, Baker Hughes stands out for its commitment to sustainability and efficiency. Its core offerings include cutting-edge technologies and integrated solutions that enhance operational performance while minimising environmental impact.
With a strong market position, Baker Hughes has garnered recognition for its pioneering efforts in digital solutions and energy transition initiatives, solidifying its reputation as a leader in the machinery and equipment industry.
+36 vs industry average
Baker Hughes’s score of 63 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Machinery and Equipment has above-average carbon intensity
The Machinery and Equipment industry has reduced its overall emissions by 37% since 2018
Scope 3 accounts for ••• of total emissions.
Baker Hughes, a US-headquartered company in the Machinery and equipment n.e.c. industry, reported approximately 539.7 billion kg CO2e in total emissions for 2025. This includes about 365.1 million kg CO2e in Scope 1 emissions, approximately 149.2 million kg CO2e in market-based Scope 2 emissions, and roughly 539.2 billion kg CO2e in Scope 3 emissions.
For 2024, the company reported total emissions of approximately 376 billion kg CO2e, comprising around 386.4 million kg CO2e in Scope 1 emissions, about 178.4 million kg CO2e in market-based Scope 2 emissions, and roughly 375.4 billion kg CO2e in Scope 3 emissions.
In 2023, Baker Hughes' total emissions were approximately 434.3 billion kg CO2e, with Scope 1 emissions at about 383.1 million kg CO2e, market-based Scope 2 emissions at approximately 191.4 million kg CO2e, and Scope 3 emissions at roughly 433.7 billion kg CO2e.
Baker Hughes has committed to achieving net-zero carbon equivalent emissions across all scopes by 2050, as part of their "Carbon Out" program. The company also aims for a 50% reduction in Scope 1 and Scope 2 CO2 equivalent emissions by 2030, using a 2012 baseline for the overall reduction target. This commitment aligns with the Paris Agreement's 1.5-degree scenario. They had also previously set an interim goal for a 50% reduction in Scope 1 and 2 CO2 equivalent emissions by 2030, with a 2019 baseline.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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