Core Laboratories Sustainability Profile
Core Laboratories N.V., headquartered in the Netherlands, is a leading provider of reservoir optimisation services and products for the oil and gas industry. Founded in 1936, the company has established a strong presence in key operational regions, including North America, Europe, the Middle East, and Asia-Pacific. Specialising in reservoir management, Core Laboratories offers a range of services, including advanced petrophysical analysis, reservoir fluid characterisation, and enhanced oil recovery solutions. Their unique approach combines cutting-edge technology with extensive industry expertise, positioning them as a trusted partner for energy companies worldwide. With a commitment to innovation, Core Laboratories has achieved notable milestones, including significant contributions to the development of unconventional resources. Their reputation for quality and reliability has solidified their market position, making them a preferred choice for clients seeking to maximise reservoir performance and efficiency.
DitchCarbon Score
How does Core Laboratories'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 Petroleum Coke 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
Core Laboratories's score of 20 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Core Laboratories's reported carbon emissions
In 2022, Core Laboratories, headquartered in the Netherlands, reported total carbon emissions of approximately 55,012,000 kg CO2e. This figure includes Scope 1 emissions of about 1,000,000 kg CO2e, Scope 2 emissions of approximately 11,317,000 kg CO2e (market-based), and Scope 3 emissions also around 1,000,000 kg CO2e. The company has set ambitious reduction targets, aiming for a 19% decrease in Scope 1 and Scope 2 emissions by 2025, using 2018 as the base year. Additionally, they are targeting a 21% reduction by 2023 for a 'well below 2 degrees' scenario and a 27% reduction for a 1.5 degrees scenario. Core Laboratories has demonstrated a commitment to sustainability through these targets, which are part of their broader climate strategy. The company is actively working towards achieving these goals while considering the implications of their operations on climate change. The emissions data and reduction initiatives are sourced directly from Core Laboratories Inc., ensuring accuracy and relevance in their climate commitments.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 5,642,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,570,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 0,000,000 |
How Carbon Intensive is Core Laboratories's Industry?
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Core Laboratories's Scope 3 Categories Breakdown
Core Laboratories's Scope 3 emissions, which decreased by 95% last year and decreased by approximately 90% since 2016, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 8% of total emissions under the GHG Protocol, with "Downstream Transportation & Distribution" being the largest emissions source at 1034% of Scope 3 emissions.
Top Scope 3 Categories
Core Laboratories'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.
Core Laboratories 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.
