- Largest reduction to date compared to company’s 2019 base year
- Zero-carbon energy provides 41.1% of the company’s electricity.
Baker Hughes (NASDAQ: BKR), an energy technology company, reported a 36.9% absolute emissions reduction in scope 1 and 2 greenhouse gas (GHG) emissions compared to its 2019 baseline, marking the largest emissions reduction to date, according to its latest sustainability report released Tuesday. The company recorded an absolute reduction in scope 1 and 2 GHG emissions from the 2019 base of 36.9%, and operational emissions intensity of scope 1 and 2 GHG emissions reduced by 45.8% from the 2019 base while maintaining profitable growth. Utilization of renewable energy and operational efficiencies contributed to 49.0% reduction in combined scope 1 and 2 facility emissions from its 2019 base.
These results reflect Baker Hughes’ continued progress toward its sustainability goals, supported by strong governance and a unified “People First” culture.
“Sustainability underpins The Energy Equation™, ensuring that both industrial outcomes and energy sources are more efficient, more reliable, and more secure,” said Baker Hughes Chairman and CEO Lorenzo Simonelli. “As we develop solutions for both traditional and new energy sources, we remain committed to integrity, transparency, and accountability in support of a safer, cleaner, and more secure lower‑carbon future.”
“Our 2025 sustainability report shows the largest reduction in absolute operational emissions since our net‑zero commitment in 2019, demonstrating that profit and purpose can go together,” Baker Hughes Chief Sustainability Officer Allyson Anderson Book said. “We’re helping advance sustainability for our customers and within our operations as we remain committed to achieving our net‑zero goal. Through people‑driven initiatives like Carbon Out, sustainability considerations are embedded across our business.”
Key Sustainability Performance Highlights
Climate and environmental performance
- Achieved a 36.9% absolute reduction and 45.8% reduction in emissions intensity in scope 1 and 2 GHG emissions from the 2019 base year
- Reduced total waste generated by 29.0% compared to 2022 baseline, with 61,270 metric tons of waste recycled
- Completed a record 856 life cycle assessments (LCAs) – 52.9% increase year over year – helping customers better understand both the embedded emissions and operations (in use) emissions of its solutions
People, safety, and culture
- Completed more than 1.65 million safety observations, with a total recordable incident rate of 0.25
- Conducted the first‑ever global all‑employee engagement survey, delivered in 64 languages with an approximately 63% completion rate, advancing a unified listening strategy to drive meaningful change
- Engaged over 1,000 employees working on approximately 1,500 active scope 1 and 2 emissions‑reduction projects through the Carbon Out initiative
Community impact
- Supported over 900 charities worldwide
- More than 2,100 employees contributed over 45,000 volunteer hours in the communities where Baker Hughes lives and operates
As a participant in the UN Global Compact – a voluntary leadership platform for the development, implementation, and disclosure of responsible business practices – Baker Hughes remains committed to transparency with two independent audits of its annual sustainability report. In 2025, the company was awarded Best Sustainability Reporting by Governance Intelligence.
Baker Hughes’ corporate sustainability report is prepared with reference to the Global Reporting Initiative (GRI) standards and the GHG Protocol. The report is supplemented with detailed indices in respect of the Sustainability Accounting Standards Board (SASB) disclosures relevant to Baker Hughes, the Task Force on Climate-related Financial Disclosure (TCFD) recommendations, and CDP disclosures.
Access the full 2025 Corporate Sustainability Report here.
About Baker Hughes
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – helping make it safer, cleaner, and more efficient for people and the planet. Visit us at bakerhughes.com.
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For more information, please contact:
Media Relations
Adrienne M. Lynch
+1-713-906-8407
adrienne.lynch@bakerhughes.com
