Schlumberger's decarbonisation drive includes scope three emissions
Schlumberger pivots portfolio towards net zero
Firm sets aggressive new 2050 decarbonisation promise with rare scope three emissions detail
US oilfield services provider Schlumberger has become the latest oil and gas firm to pledge net-zero emissions by 2050. The decarbonisation drive includes scope three emissions, making Schlumberger the first energy services company to cover indirect customer emissions. The three-pronged company roadmap commits Schlumberger to several interim emissions targets. The company aims to reduce scope one and two emissions by 30pc by 2025, using 2019 as the baseline year. By 2030, Schlumberger expects to cut this down further to 50pc, as well as scope three greenhouse gas emissions by 30pc, before hitting the final net-zero target in 2050. Uniquely, the company is targeting its entire value chain rat
Also in this section
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth
