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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-based machinery and equipment company, has outlined significant climate commitments. For the reporting year 2025, the company reported total emissions of approximately 540 billion kg CO2e, with Scope 3 emissions accounting for the vast majority at approximately 539 billion kg CO2e. Scope 1 emissions were approximately 365 million kg CO2e, and Scope 2 market-based emissions were approximately 149 million kg CO2e.
In 2024, Baker Hughes' total emissions were approximately 376 billion kg CO2e. This comprised Scope 1 emissions of approximately 386 million kg CO2e, Scope 2 market-based emissions of approximately 178 million kg CO2e, and Scope 3 emissions of approximately 375 billion kg CO2e. The company reported Scope 3 emissions from the use of sold products as a significant contributor, at approximately 366 billion kg CO2e.
Baker Hughes has set ambitious targets, including achieving net-zero carbon equivalent emissions by 2050. As part of this long-term vision, the company has pledged to reduce Scope 1 and Scope 2 emissions by 50% by 2030, using 2019 as a baseline year for some targets and 2012 for others. They are also aiming for net-zero emissions for Scope 1 and Scope 2 by 2050. In 2024, the company reported that its Scope 1 emissions were approximately 383 million kg CO2e and Scope 2 market-based emissions were approximately 191 million kg CO2e. They have also indicated progress towards their 2030 reduction goals, with some reports showing them on track for Scope 2 reductions. Their reporting in 2022 and prior years focused on Scope 1 and Scope 2 emissions, with Scope 3 data not consistently disclosed.
Access structured emission data, company specific factors and auditable source documents
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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