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Crude Oil Extraction
US
updated 4 days ago

Slb Sustainability Profile

Company website

SLB, formerly known as Schlumberger Limited, is a leading global provider of technology and services for the oil and gas industry, headquartered in the United States. Founded in 1926, SLB has established a strong presence in key operational regions, including North America, Europe, the Middle East, and Asia. The company excels in various business areas, such as reservoir characterisation, drilling, production, and processing. SLB's innovative core products and services, including advanced data analytics and digital solutions, set it apart in a competitive market. With a commitment to sustainability and efficiency, SLB has achieved notable milestones, reinforcing its position as a trusted partner in the energy sector.

DitchCarbon Score

How does Slb'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.

62

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.

13

Industry Benchmark

Slb's score of 62 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.

87%

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Slb's reported carbon emissions

In 2024, SLB reported total carbon emissions of approximately 36,115,000,000 kg CO2e, with Scope 1 emissions at about 990,000,000 kg CO2e, Scope 2 emissions (market-based) at approximately 271,000,000 kg CO2e, and Scope 3 emissions reaching about 34,855,000,000 kg CO2e. This represents a decrease from 2023, where total emissions were about 40,123,000,000 kg CO2e, with Scope 1 at approximately 1,012,000,000 kg CO2e, Scope 2 (market-based) at around 288,000,000 kg CO2e, and Scope 3 at about 38,824,000,000 kg CO2e. SLB has set ambitious climate commitments, aiming for a 30% reduction in Scope 1 and Scope 2 emissions by 2025, using 2019 as a baseline. Additionally, they target a 50% reduction in these scopes by 2030 and a 30% reduction in Scope 3 emissions by the same year. The company has committed to achieving net-zero emissions by 2050, with minimal reliance on offsets. These commitments are supported by a near-term emissions reduction roadmap, which includes interim targets to ensure progress towards their long-term goals. SLB's emissions data is sourced directly from Schlumberger Limited, with no cascaded data from parent or related organizations.

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Access structured emissions data, company-specific emission factors, and source documents

201620172018201920202021202220232024
Scope 1
1,136,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
000,000,000
Scope 2
704,000,000
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
876,000,000
-
-
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000

How Carbon Intensive is Slb's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Slb's primary industry is Crude Oil Extraction, which is very high in terms of carbon intensity compared to other industries.

How Carbon Intensive is Slb's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Slb is in US, which has a low grid carbon intensity relative to other regions.

Slb's Scope 3 Categories Breakdown

Slb's Scope 3 emissions, which decreased by 10% last year and increased significantly since 2016, 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 48% of Scope 3 emissions.

Top Scope 3 Categories

2024
Use of Sold Products
48%
Purchased Goods and Services
28%
Investments
8%
Downstream Leased Assets
7%
Upstream Leased Assets
4%
Upstream Transportation & Distribution
2%
End-of-Life Treatment of Sold Products
1%
Business Travel
<1%
Waste Generated in Operations
<1%
Fuel and Energy Related Activities
<1%

Slb'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.

Slb 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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