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 70 is higher than 85% 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. This reflects a significant commitment to transparency in their emissions reporting, covering all three scopes. Baker Hughes has set ambitious targets to reduce its carbon footprint, pledging to achieve a 50% reduction in Scope 1 and Scope 2 emissions by 2030, with a long-term goal of reaching net-zero emissions by 2050. This commitment is part of their broader Carbon Out programme, which encourages employee engagement in sustainability efforts. The company aims to achieve net-zero emissions for both Scope 1 and Scope 2 by 2050, demonstrating leadership in the energy sector's transition towards sustainability. In 2023, the company reported Scope 1 emissions of approximately 383,096,100 kg CO2e and Scope 2 emissions of about 191,417,100 kg CO2e (market-based). The Scope 3 emissions for the same year were reported at approximately 433,728,176,000 kg CO2e, highlighting the substantial impact of their supply chain and product use. Baker Hughes's emissions data is not cascaded from any parent organization, ensuring that their commitments and targets are independently established. The company continues to focus on reducing its environmental impact while maintaining operational efficiency, aligning with industry standards for climate action.
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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.
