Core laboratories N.V. Sustainability Profile
Core Laboratories N.V., commonly referred to as Core Lab, is a leading provider of proprietary and patented technologies for the oil and gas industry. Headquartered in the Netherlands, the company operates extensively across key regions including North America, Europe, the Middle East, and Asia-Pacific. Founded in 1936, Core Lab has established itself as a pioneer in reservoir optimisation and enhanced oil recovery. The company offers a range of specialised services, including reservoir description, production enhancement, and fluid analysis, which are distinguished by their innovative methodologies and advanced technologies. Core Lab's commitment to quality and precision has solidified its position as a trusted partner for major oil and gas companies worldwide. With a strong focus on research and development, Core Laboratories continues to achieve significant milestones, reinforcing its reputation as an industry leader.
DitchCarbon Score
How does Core laboratories N.V.'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 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 N.V.'s score of 11 is lower than 100% 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 N.V., headquartered in the Netherlands (NL), currently does not have specific carbon emissions data available for the most recent year. The company is identified as a merged entity, inheriting emissions data from its parent organization, Core Laboratories Inc. However, no absolute emissions figures or reduction targets have been disclosed. As part of its climate commitments, Core Laboratories N.V. has not specified any Science-Based Targets Initiative (SBTi) reduction targets or other significant climate pledges. The absence of detailed emissions data and reduction initiatives suggests that the company may still be in the early stages of formalising its climate strategy. Given the lack of specific emissions data and targets, it is essential for Core Laboratories N.V. to develop and communicate a clear climate action plan to align with industry standards and expectations. This would not only enhance transparency but also demonstrate a commitment to reducing its carbon footprint in line with global climate goals.
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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 N.V.'s Industry?
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Core laboratories N.V.'s Scope 3 Categories Breakdown
Core laboratories N.V.'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.
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Core laboratories N.V.'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 N.V. 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.
