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Planet
The dual challenge: energy and climate
At Baker Hughes we are committed to addressing the dual challenge of meeting the world’s growing energy needs while combatting man-made climate change.
31% reduction in Scope 1 & 2 emissions
14.5% of electricity from renewable sources
(versus 2012 baseline)
57K metric tons of waste diverted from disposal
Recognitions and Awards
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Barron's 100 Most Sustainable Companies
Baker Hughes was ranked 36th in Barron’s 2019 list of the 100 Most Sustainable Companies. This is the second year that Barron’s published this ranking and while BHGE made the list in both years, no other oil and gas or oilfield services company merited inclusion. The ranking is based on more than 200 indicators comprising five key stakeholder categories, including shareholders, employees, customers, planet, and community.
10 years of reporting to the Carbon Disclosure Project
Over the past five years, the company has consistently earned a Management Level ranking (B) for transparent climate disclosure and energy efficiency efforts. Our performance differentiates us from many of our peers and closely aligns us with the performance of several key customers.
Morgan Stanley Capital International (MSCI) ESG Survey
Baker Hughes has maintained its AAA ranking for 2018 based on our superior policy and strategy structures, leading performance and growth opportunities in our combination with GE. We are the only AAA-rated company amongst our 10 largest peers.
Wall Street Journal’s Management Top 250
Baker Hughes was included on the Wall Street Journal’s list of the 250 Best Managed Companies. We achieved the highest rating within the oilfield services sector. The criteria, assessed by the Drucker Institute, included sustainability metrics such as social responsibility, employee engagement and development, financial strength, innovation and customer satisfaction.
Center for Offshore Safety Leadership Award
Presented to Baker Hughes in three of the last four years for Threat Response Drills, What Lies Beneath Program and Contributions to Improving Safety Management.