In 2023, Baker Hughes completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
Baker Hughes has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
In 2023, the total operational greenhouse gas (GHG) emissions of Baker Hughes amounted to 601,037.1 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Baker Hughes increased by 2.38%, suggesting that the company faced challenges in reducing its emissions from its core operations.
In 2023, the total Scope 1 emissions of Baker Hughes were 383,096.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Since 2019, Baker Hughes's Scope 1 emissions have decreased by 23.65%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Baker Hughes's Scope 1 emissions increased by 1.84%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
In 2023, Baker Hughes reported Scope 2 greenhouse gas (GHG) emissions of 191,417.1 tCOâ‚‚e using the market-based method, and 217,941 tCOâ‚‚e using the location-based method.
Since 2019, Baker Hughes's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 29.03%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Baker Hughes's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Baker Hughes 's emissions have plateaued with no significant change in its energy consumption footprint.
In 2023, Baker Hughes reported its Scope 2 emissions using the market-based method and using the location-based method.
In 2023, Baker Hughes reported 433,728,176 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Baker Hughes includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
In 2023, Baker Hughes reported total Scope 3 emissions of 433,728,176 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 1.75% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.25% came from downstream activities like product use, distribution, and end-of-life treatment.
Since 2019, Baker Hughes's Scope 3 emissions have increased by 83.14%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Baker Hughes's Scope 3 emissions increased by 71.83%, suggesting that the company faced challenges in reducing emissions across its value chain.
In 2023, Baker Hughes reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2023, the largest contributors to Baker Hughes's Scope 3 emissions were:
In 2023, Baker Hughes reported a total carbon footprint of 434,329,213.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 71.67% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Baker Hughes's total carbon footprint was Scope 3 emissions, accounting for 99.86% of the company's total carbon footprint, followed by Scope 1 emissions at 0.09%.