Update SLB named sustainability award finalist for supply chain decarbonization
SLB is a 2024 Reuters Sustainability Awards finalist in the Net Zero: Supply Chain Decarbonization category.
Climate action strategies are meaningless without decisive and measurable action. We believe it is possible to balance the planet by meeting the Paris Agreement commitments, and we've oriented our emissions reduction approach toward them. To secure a sustainable future, the time to act is now.
Our industry has an important role to play in the global energy transition, and SLB is evolving for that exciting future. Our vision is to define and drive high performance sustainably. We recognize the impact of acting fast to help decarbonize the world's energy system.
SLB is committed to achieving net-zero greenhouse gas (GHG) emissions by 2050—aligned with science-based methodology and the 1.5 degC target of the Paris Agreement. We have established a timeline with interim targets, using 2019 as our baseline.
As we work to reduce our emissions footprint across our operations, we also have the opportunity to help our customers decarbonize their operations and avoid additional GHG emissions.
Our domain and technology expertise can help accelerate the energy transition, and we are growing our portfolio of new energy investments. These include hydrogen, lithium, energy storage, carbon capture and sequestration, geothermal power, and geoenergy for heating and cooling buildings.
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