Article Scaling Decarbonization Through Partnerships
Reuters Energy Transition Europe 2021 discussion with SLB Chief Strategy and Sustainability Officer Dr. Katharina Beumelburg.
Decarbonizing operations
Helping our customers reduce their environmental footprint
SLB has been recognized as a sustainability leader at the 2022 SEAL Business Sustainability Awards, which honor leadership, innovation and commitment to sustainable business practices.
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In addition to decarbonizing our operations and investing in new energy technology ventures, a key part of our strategy to advance sustainability within our industry is developing technologies and services that help our customers reduce their environmental footprint across the exploration and production (E&P) life cycle.
Transition Technologies portfolio
In 2021, we announced our comprehensive 2050 net-zero commitment, inclusive of scope 3 emissions—a first for the energy services sector. We also announced the launch of our Transition Technologies portfolio to address sustainability challenges and opportunities across the oil and gas industry value chain.
The portfolio comprises a select group of products and services that quantifiably reduce our customers’ greenhouse gas emissions while continuing to drive high performance, reliability, and efficiency. Supported by an industry-leading impact quantification framework, the portfolio is set to grow as we embed sustainability further into our R&D processes. It is currently focused on
- reducing greenhouse gas emissions
- reducing the amount of energy consumed during oil and gas operations
- electrifying infrastructure and enabling access to renewable energy
- enabling surveillance, assessment, and control of customer emissions sources.
Measure, monitor, report, and eliminate methane and flaring emissions
SLB End-to-end Emissions Solutions (SEES) leverages an extensive selection of services and cutting-edge technologies to provide customers with robust and scalable solutions for measuring, monitoring, reporting, and ultimately eliminating methane and flaring emissions from their operations—quickly and effectively. The broad range of measurement technologies constitutes the most comprehensive and flexible emissions reduction offering in the market today.
Reducing Methane and Flare Emissions: Time to Act—and Here’s How
SLB's Emissions Business Director explains how the industry can achieve a zero-methane and routine-flaring-free future.
Read interviewLife cycle sustainability calculator
A key element of our net-zero goal and overall climate ambition is reducing our customers’ greenhouse gas footprint throughout the life cycle of our products and services. To this end, we've developed a life cycle sustainability calculator that quantifies the environmental impact of our portfolio—both current and under development. The goal is to use this understanding to reduce greenhouse gas emissions enabled by our activities.
A Path to Tracking Scope 3 Greenhouse Gas Emissions
A discussion with Vice President of Sustainability Mikki Corcoran
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Supplier disclosures
Supplier disclosure is a first step in understanding our suppliers’ maturity on our journey to net zero, managing the environmental footprint of our supply chain, and encouraging suppliers on their own journey toward a low-carbon economy. We are working with our suppliers to reduce greenhouse gas emissions via a third-party disclosure process. In 2021, our efforts earned us an A– rating for supplier engagement from CDP, the not-for-profit organization that runs the global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts.
