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 lower than 56% 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 10,000,000 kg CO2e, which comprise mobile combustion (approximately 6,490,000 kg CO2e), fugitive emissions (about 427,000 kg CO2e), and stationary combustion (approximately 3,366,000 kg CO2e). Scope 2 emissions were reported at around 11,077,000 kg CO2e, while Scope 3 emissions totalled about 10,000,000 kg CO2e, with significant contributions from upstream transportation and distribution (approximately 5,319,000 kg CO2e) and purchased goods and services (about 5,544,000 kg CO2e). Core Laboratories has set ambitious reduction targets, aiming for a 19% reduction in Scope 1 and Scope 2 emissions by 2025, using 2018 as the base year. Additionally, they are targeting a 21% reduction in emissions by 2023 for both scopes under a well-below 2 degrees Celsius scenario. These commitments reflect the company's proactive approach to climate change, aligning with industry standards for sustainability. The company has disclosed emissions data across all three scopes, demonstrating transparency in its climate impact. Core Laboratories' initiatives are part of a broader commitment to achieving net-zero emissions, with specific targets for both Scope 1 and Scope 2 emissions.
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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 |
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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.
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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.
