Planet, people, principles

We continue to view environmental, social, and governance (ESG) performance as a key lever to transform our company and our industry. Baker Hughes is one of the leaders in the energy sector, and we are pleased to maintain our AA ESG rating by MSCI.



Planet

Planet

We have made great progress on improving our environmental performance and mobilizing our workforce to reduce greenhouse gas emissions toward our goal of net-zero by 2050. In 2021 we reported a 15% reduction* in our Scope 1 and 2 greenhouse gas emissions, and progress on many of our other environmental priorities. We are also a signatory of the Methane Guiding Principles that commit us to reduce methane emissions, which has become closer to reality following agreements made at COP26.

 

*2020 actual compared to 2019 base year



Our People

People

To lead in the energy transition, we know we must
retain and develop a globally skilled and diverse
workforce. The challenges of the COVID-19 pandemic
have caused us to rethink how we approach flexible
work and support our people. In 2021, we focused
on strengthening our diversity, equity, and inclusion
(DEI) programs. Led by our Global DEI Council, we
improved our talent acquisition processes, enhanced
our employee resource groups, and increased our
outreach to diverse organizations. In the US, we
launched a new educational partnership with four
historically black colleges and universities.



Principles

Principles

Safety, health, integrity, compliance, and human rights are foundational elements of our culture. We continue to be guided by our values and our governance structure. Our disciplined approach to occupational safety, health, and emergency management helped us to navigate the challenges of the COVID-19 pandemic, while implementing robust vaccination and return-to-work programs. I am proud Baker Hughes acts with integrity through maintaining ethical supply chains and promoting respect for fundamental human rights.



Explore further

Annual Report 2021 Cover Image

Our 2021 annual report

We are an energy technology company. We take energy forward, making it safer, cleaner, and more efficient for people and the planet.

Our Strategy Tile Card

Our strategy

Our progress on taking energy forward in 2022

About Us

About our company

Explore more about our Board of Directors and management team