Baker Hughes Holdings LLC Sustainability Profile
Baker Hughes Holdings LLC, commonly referred to as Baker Hughes, is a prominent player in the energy sector, headquartered in the United States. Founded in 1907, the company has evolved significantly, establishing itself as a leader in oilfield services, digital solutions, and advanced technologies. With major operational regions spanning North America, Europe, the Middle East, and Asia, Baker Hughes is well-positioned to meet the diverse needs of the global energy market. The company offers a wide range of core products and services, including drilling, evaluation, completion, and production solutions, distinguished by their innovative approach and commitment to sustainability. Baker Hughes has achieved notable milestones, such as pioneering advancements in digitalisation and automation within the industry, solidifying its market position as a trusted partner for energy companies worldwide.
DitchCarbon Score
How does Baker Hughes Holdings LLC'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 Crude Oil Extraction 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 Holdings LLC's score of 26 is higher than 57% 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 Holdings LLC, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Baker Hughes Company, which cascades its emissions data and climate initiatives down to Baker Hughes Holdings LLC at a third level. While there are no documented reduction targets or specific climate pledges for Baker Hughes Holdings LLC, it is important to note that the parent company, Baker Hughes Company, may have its own climate commitments and performance metrics. However, these details are not specified in the available data. As a part of the broader industry context, Baker Hughes Holdings LLC is expected to align with the increasing emphasis on sustainability and carbon reduction within the energy sector. The company may benefit from initiatives and strategies implemented by its parent organisation, which could include participation in frameworks such as the Carbon Disclosure Project (CDP) at the third cascade level. In summary, while Baker Hughes Holdings LLC does not currently report specific emissions data or reduction targets, it is positioned within a corporate structure that may influence its climate commitments and performance in the future.
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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 | - | - | - | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is Baker Hughes Holdings LLC's Industry?
How Carbon Intensive is Baker Hughes Holdings LLC's Location?
Baker Hughes Holdings LLC's Scope 3 Categories Breakdown
Baker Hughes Holdings LLC's Scope 3 emissions, which decreased by 13% last year and increased significantly since 2012, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 98% of Scope 3 emissions.
Top Scope 3 Categories
Baker Hughes Holdings LLC's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Baker Hughes Holdings LLC has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
