Our Road Map to Net Zero | SLB

Our road map to net zero

Eliminating our greenhouse gas emissions by 2050

Blue sky with white clouds.

SLB is committed to achieving net-zero greenhouse gas (GHG) emissions by 2050—aligned with the 1.5-degC target of the Paris Agreement. We have established a timeline for milestones along this journey, with reductions relative to 2019 baselines.

The commitment followed 18 months of extensively analyzing our carbon footprint in close collaboration with climate experts. With minimal reliance on offsets, our net-zero target encompasses Scope 1, 2, and 3 emissions covering the company’s entire value chain—a first in the energy services industry.

reduction in scope 1 and 2 emissions by 2025
reduction in scope 1 and 2 and 30% reduction in scope 3 emissions by 2030
Net-zero emissions with minimal reliance on offsets by 2050
Road Map to Net Zero
Road Map to Net Zero

We are following comprehensive road maps for our Scope 1, 2, and 3 GHG emissions to achieve our net-zero and interim targets. In addition, carbon-negative actions such as bioenergy with carbon capture and storage, will help us achieve our net-zero goal with minimal reliance on offsets.

Reducing GHG emissions from our facilities

To reduce GHG emissions at our facilities, we are focused on reducing energy use via our global “Lean and Green” environmental program. Our initiatives include

  • educating our people on energy conservation best practices to promote behavior change
  • implementing renewable energy solutions where feasible
  • updating HVAC systems and optimizing facility heating and cooling cycles
  • strengthening our renewables strategy.

By the end of 2021, renewable power accounted for 25% or 205,000 MW.h of total facilities electricity consumption, as a result of measures such as earning Texas renewable energy certificates, using green tariffs in Europe and Brazil, and investing in onsite generation projects in Egypt, India, and Mexico.

Switching to Solar in Saudi Arabia

Our team in Saudi Arabia has installed 1450 solar panels—eliminating 600 metric tons of CO2e annually and covering the entire electricity consumption of the facility administration building.