Slb

SLB, a US-based company in the Support Activities for Oil and Gas Operations industry, has disclosed its carbon emissions and climate commitments.

In 2025, SLB's total carbon emissions are projected to be approximately 34.87 billion kg CO2e. This includes about 845 million kg CO2e from Scope 1 emissions, approximately 237 million kg CO2e from Scope 2 (market-based) emissions, and about 33.79 billion kg CO2e from Scope 3 emissions. For 2024, the company reported total emissions of around 35.38 billion kg CO2e, with Scope 1 at about 990 million kg CO2e, Scope 2 (market-based) at approximately 271 million kg CO2e, and Scope 3 at about 34.12 billion kg CO2e. In 2023, SLB's total emissions were approximately 40.12 billion kg CO2e, comprising around 1.01 billion kg CO2e in Scope 1, about 288 million kg CO2e in Scope 2 (market-based), and approximately 38.82 billion kg CO2e in Scope 3.

SLB is committed to achieving net-zero emissions by 2050, with minimal reliance on offsets. This commitment, announced in June 2021, includes Scope 3 emissions. The company has set interim science-based targets aligned with the 1.5°C target of the Paris Agreement, using 2019 as a baseline. These targets include:

• A 30% reduction in Scope 1 and Scope 2 emissions by 2025.
• A 50% reduction in Scope 1 and Scope 2 emissions by 2030.
• A 30% reduction in Scope 3 emissions by 2030.

The climate action strategy involves a detailed roadmap of emission reduction actions across all three scopes, implementing utility efficiency, increasing renewable energy use, and transitioning to hybrid vehicles. SLB is also engaging with its suppliers to help reduce their emissions footprint, reflecting its value chain commitment.