The foundation of our sustainability program and key to maintaining the confidence of all stakeholders
SLB’s sustainability programs and initiatives are driven by executive management and overseen by our Board and its committees.
The Vice President of Sustainability, reporting to the Chief Technology Officer, focuses on social and environmental aspects, including engaging stakeholders, and is responsible for our global sustainability strategy and programs.
SLB line management is directly responsible for the management and mitigation of the environmental impact of our operations. Our Vice President of HSE is responsible for our environmental management systems. For details about our environmental management standard and how we manage environmental risk see here.
For further information, read out 2025 Proxy Statement.
The Board oversees our long- and short-term strategies, including the launch of our Transition Technologies and emissions-monitoring portfolios—which focus on decarbonizing our core businesses—as well as our new energy investments in low-carbon and carbon-neutral energy technologies. In addition, the full Board oversaw the decision to establish our comprehensive 2050 net-zero commitment, which is inclusive of Scope 3 emissions, together with interim Scope 1, 2, and 3 emissions reduction milestones.
The Board also oversees the company’s enterprise risk management process and reviews major risks facing SLB, including acute and chronic climate risks and energy transition risks.
The Nominating and Governance Committee oversees our sustainability programs, initiatives, and activities, and receives quarterly updates from senior management on the progress we are making toward a low-carbon future. This committee also monitors and reviews the effectiveness of the company’s ethics and compliance program, including the SLB—Our Code of Conduct and all significant compliance allegations.
Formed in 2021, the New Energy and Innovation Committee evaluates our New Energy and Transition Technologies investments and the sustainability impacts of growth opportunities.
The Board’s other committees oversee sustainability-related topics within their respective areas of responsibility, such as
SLB is committed to sound principles of corporate governance and has adopted practices that promote effective functioning of our Board of Directors, its committees, and our company.
Our commitment to sound principles of corporate governance and ethics sets the foundation of our sustainability program. Furthermore, our reputation for integrity and fair dealing is vitally important in winning and retaining the trust of our stakeholders. When we are clearly seen to behave in an ethical manner, we enhance our reputation, which helps us attract and retain customers and employees.
Our Code of Conduct defines us as a company, how we behave toward others and how we approach our work. The SLB Code of Conduct applies to all SLB directors, officers, employees, security providers, and contractors. It is designed to help us handle business situations professionally and fairly. Our Code of Conduct also explains how individual actions reflect on the company and how the company is, therefore, the sum of our actions.
SLB has implemented a global program to identify, assess, manage, and mitigate information security risks.
