Decarbonizing Operations
Petrel by Schlumberger offers a range of solutions under their Transition Technologies portfolio to assist in decarbonizing production operations for their customers. These technologies aim to reduce operational carbon intensity, lower methane emissions, and pinpoint methane leaks in the field using tools like the methane point instrument. The company has achieved a significant reduction in Scope 3 emissions against their baseline, helping customers avoid over 830,000 metric tons of CO2e in 2023, which is equivalent to removing 185,000 cars from the road.
Emission Reduction Targets
Schlumberger is dedicated to reducing their own Scope 1 and 2 emissions through operational efficiency, electrification, job design improvements, and adopting low-carbon fuel alternatives. They have successfully achieved a 24% reduction in these emissions against their 2019 baseline. The company has set ambitious targets, aiming for net zero emissions by 2050 across all scopes, including Scope 1, 2, and 3 emissions along their entire value chain.
Commitment to Sustainability
In addition to emission reduction efforts, Schlumberger focuses on promoting diversity and inclusion in the workplace, supporting human rights, and investing in STEM education to foster innovation. The company believes that investing in people and the communities where they operate is essential for a sustainable future. Their water stewardship strategy aims to address water-related challenges by measuring, reducing, and replenishing water resources to promote sustainability in their operations and communities.
Holistic Sustainability Approach
Schlumberger's commitment to sustainability extends beyond emission reduction and water stewardship. They prioritize climate action, people, and nature, identifying key environmental issues such as biodiversity, natural resources, and circularity. By continuously discovering new ways to support their customers, employees, and the environment, Schlumberger maintains a forward-thinking approach to sustainability, working towards a positive and sustainable impact on society and the planet.