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Slb NV

Common Name
Slb
Country
United States
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
110,000
Ticker
SLB
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Schlumberger Limited is a leading provider of technology and services to the global oil and gas industry. The company's primary function is to supply oilfield services and technology solutions that en...

Slb's GHG Emissions Data Preview

In 2024, Slb 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).

Slb has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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b
0000000
Total Scope 2
Market-Based
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a
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a
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b
0000000
Location-Based
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a
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a
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b
0000000
Total Scope 3
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a
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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b
0000000
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Verified Sources Behind Slb’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Slb’s data sources below and access millions more through our Disclosure Search.

a. Slb's Sustainability Report 2024
a. Slb's Sustainability Report 2024
b. Slb's Sustainability Report 2023
b. Slb's Sustainability Report 2023

Insights into Slb's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSlb amounted to1,363,000metric 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).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Slbincreased by 2.95%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Slb's Scope 1 Emissions Over Time

20192022202320240400 k800 k1.2 M1.6 MtCO2e+16%-32%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Slb's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Slb were 990,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Slb reduced its Scope 1 emissions over time?

Since 2019, Slb's Scope 1 emissions have decreased by 22.41%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Slb's Scope 1 emissions decreased by 2.17%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Slb's Scope 2 emissions?

In 2024, Slb reported Scope 2 greenhouse gas (GHG) emissions of 271,000 tCOâ‚‚e using the market-based method and 373,000 tCOâ‚‚e using the location-based method.a

Has Slb reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Slb's Scope 2 emissions(Location-Based) rose by 19.55% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Slb use for Scope 2 reporting?

In 2024, Slb reported its Scope 2 emissions using the market-based method and using the location-based method.a

Slb's Scope 2 Emissions Over Time

20192022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Slb's Value Chain Emissions

In 2024, Slb reported 34,855,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Slb includes a breakdown across 13of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Slb's Scope 3 Emissions Over Time

2019202220232024015 M30 M45 M60 MtCO2e-26%+11%-10%
  • Total Scope 3
  • Year-over-Year Change

What are Slb's Scope 3 emissions?

In 2024, Slb reported total Scope 3 emissions of 34,855,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 35.92%of these emissions originated from upstream activities such as purchased goods and capital goods, while 64.08%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Slb reduced its Scope 3 emissions over time?

Since 2019, Slb's Scope 3 emissionshave decreased by 26.28%, reflecting a declining long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Slb's Scope 3 emissions decreased by 10.22%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Slb disclose?

In 2024, Slb reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Slb's Scope 3 emissions?

In 2024, the largest contributors to Slb's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 16,685,000 tCOâ‚‚e(47.87%)
  • Purchased Goods and Services (Cat. 1): 9,864,000 tCOâ‚‚e(28.3%)
  • Investments (Cat. 15): 2,659,000 tCOâ‚‚e(7.63%)

Slb's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(28.3%)Investments(Cat. 15)(7.6%)Use of Sold Products(Cat. 11)(47.9%)

Insights into Slb’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Slb reported Scope 1 greenhouse gas (GHG) emissions of 990,000 tCOâ‚‚e and total revenues of USD 36,289 millions. This translates into an emissions intensity of 27.28 tCOâ‚‚e per millions USD.a

Slb's Scope 1 Emissions Intensity Compared to Peers

50010,000200,0005,000,000200,000,000Scope 1 Emissions (tCO2e)505005,00050,000500,000Revenues (Millions of USD)CSTidewaterYear: 2024Scope 1: 1,129,008 tCO2eRevenue: $M 1,346Scope 1 Intensity: 838.89 tCO2e/$MDevon EnergyYear: 2024Scope 1: 6,020,000 tCO2eRevenue: $M 15,940Scope 1 Intensity: 377.67 tCO2e/$MPhillips 66Year: 2024Scope 1: 32,700,000 tCO2eRevenue: $M 143,153Scope 1 Intensity: 228.43 tCO2e/$MCCCore LaboratoriesYear: 2024Scope 1: 11,675 tCO2eRevenue: $M 524Scope 1 Intensity: 22.29 tCO2e/$MONEOKYear: 2024Scope 1: 3,900,000 tCO2eRevenue: $M 21,698Scope 1 Intensity: 179.74 tCO2e/$MOil States InternationalYear: 2024Scope 1: 18,094 tCO2eRevenue: $M 693Scope 1 Intensity: 26.13 tCO2e/$MArchrockYear: 2024Scope 1: 19,797 tCO2eRevenue: $M 1,158Scope 1 Intensity: 17.10 tCO2e/$MSSSolaris Energy InfrastructureYear: 2020Scope 1: 2,094 tCO2eRevenue: $M 103Scope 1 Intensity: 20.33 tCO2e/$MEQT CorpYear: 2024Scope 1: 661,557 tCO2eRevenue: $M 5,222Scope 1 Intensity: 126.68 tCO2e/$MLiberty EnergyYear: 2024Scope 1: 2,442,979 tCO2eRevenue: $M 4,315Scope 1 Intensity: 566.14 tCO2e/$MHessYear: 2024Scope 1: 2,000,000 tCO2eRevenue: $M 12,896Scope 1 Intensity: 155.09 tCO2e/$MWeatherford InternationalYear: 2024Scope 1: 96,816 tCO2eRevenue: $M 5,513Scope 1 Intensity: 17.56 tCO2e/$MBaker HughesYear: 2024Scope 1: 386,367 tCO2eRevenue: $M 27,829Scope 1 Intensity: 13.88 tCO2e/$MCheniere EnergyYear: 2024Scope 1: 11,142,029 tCO2eRevenue: $M 15,703Scope 1 Intensity: 709.55 tCO2e/$MDiamondback EnergyYear: 2024Scope 1: 2,776,675 tCO2eRevenue: $M 11,023Scope 1 Intensity: 251.90 tCO2e/$MOccidental PetroleumYear: 2024Scope 1: 17,900,000 tCO2eRevenue: $M 26,725Scope 1 Intensity: 669.78 tCO2e/$MMRC GlobalYear: 2024Scope 1: 14,564 tCO2eRevenue: $M 3,011Scope 1 Intensity: 4.84 tCO2e/$MNovYear: 2024Scope 1: 135,554 tCO2eRevenue: $M 8,870Scope 1 Intensity: 15.28 tCO2e/$MHalliburtonYear: 2024Scope 1: 3,022,264 tCO2eRevenue: $M 22,944Scope 1 Intensity: 131.72 tCO2e/$MExtreme NetworksYear: 2024Scope 1: 2,511 tCO2eRevenue: $M 1,117Scope 1 Intensity: 2.25 tCO2e/$MEOG ResourcesYear: 2024Scope 1: 6,000,000 tCO2eRevenue: $M 23,378Scope 1 Intensity: 256.65 tCO2e/$MKodiak Gas ServicesYear: 2024Scope 1: 30,445 tCO2eRevenue: $M 1,159Scope 1 Intensity: 26.26 tCO2e/$MConocoPhillipsYear: 2024Scope 1: 15,500,000 tCO2eRevenue: $M 54,745Scope 1 Intensity: 283.13 tCO2e/$MOceaneering InternationalYear: 2024Scope 1: 30,928 tCO2eRevenue: $M 2,661Scope 1 Intensity: 11.62 tCO2e/$MSlbYear: 2024Scope 1: 990,000 tCO2eRevenue: $M 36,289Scope 1 Intensity: 27.28 tCO2e/$M

How does Slb's GHG emissions intensity compare to its peers?

In 2024, Slb reported a Scope 1 emissions intensity of 27.28 tCOâ‚‚e per millions USD. Compared to the peer group median of 129.2, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Slb rank on GHG emissions intensity within its industry?

In 2024, Slb ranked 12 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Slb is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Slb's Total Carbon Footprint

In 2024, Slb reported a total carbon footprint of 36,218,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.79% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Slb's total carbon footprint was Scope 3 emissions, accounting for 96.24% of the company's total carbon footprint, followed by Scope 1 emissions at 2.73%.a

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