Helping our customers reduce their environmental footprint
Feature
The SEAL Business Sustainability Awards honor leadership, innovation and commitment to sustainable business practices.
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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 currently addresses five key themes— reduce or eliminate flaring, minimize well construction CO2 footprint, address methane emissions, full field development solutions, and electrification of infrastructure.
Insights Article
Methane emissions and routine flaring significantly impact global warming, but they can be easy to mitigate.
Read moreDrilling Emissions Management is an end-to-end service which aims to help our customers and the wider industry significantly reduce greenhouse gas emissions during well construction activities. Leveraging our footprint, domain expertise and innovative technology solutions, this integrated service enables operators to forecast, measure and implement downhole and surface solutions both in the planning phase and during operations to reduce emissions in well construction.
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.
Interview
A discussion with Vice President of Sustainability Mikki Corcoran
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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.
