Baker Hughes Sustainability Profile
Baker Hughes, a GE company, is a leading global provider of integrated oilfield products, services, and digital solutions. Headquartered in the United States, the company operates extensively across major regions, including North America, Europe, the Middle East, and Asia. Founded in 1907, Baker Hughes has achieved significant milestones, including advancements in drilling technology and digital innovation. The company’s core offerings encompass oilfield services, turbomachinery, and digital solutions, distinguished by their commitment to sustainability and efficiency. Baker Hughes is recognised for its pioneering work in the energy sector, particularly in enhancing operational performance and reducing environmental impact. With a strong market position, Baker Hughes continues to drive innovation, making it a key player in the evolving energy landscape.
DitchCarbon Score
How does Baker Hughes'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 Machinery and Equipment 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's score of 65 is higher than 80% 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's reported carbon emissions
In 2024, Baker Hughes reported total carbon emissions of approximately 386,367,000 kg CO2e for Scope 1, 178,361,000 kg CO2e for Scope 2 (market-based), and a staggering 375,422,658,000 kg CO2e for Scope 3 emissions. This represents a significant commitment to transparency, as the company discloses emissions across all three scopes. Baker Hughes has set ambitious targets to reduce its carbon footprint, pledging to achieve a 50% reduction in Scope 1 and Scope 2 emissions by 2030, with a long-term goal of reaching net-zero emissions by 2050. This commitment is part of their broader Carbon Out programme, which encourages employee engagement in sustainability efforts. In 2023, the company reported similar emissions figures, with Scope 1 emissions at approximately 383,096,000 kg CO2e and Scope 2 emissions at about 191,417,000 kg CO2e (market-based). The Scope 3 emissions for that year were approximately 433,728,176,000 kg CO2e, highlighting the substantial impact of their supply chain and product use. Baker Hughes's climate initiatives are not only focused on direct emissions but also encompass a comprehensive approach to managing their entire carbon footprint, including significant Scope 3 emissions. The company is actively working towards these targets, demonstrating a commitment to sustainability in the energy sector.
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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's Industry?
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Baker Hughes's Scope 3 Categories Breakdown
Baker Hughes'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'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 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.
