Report Overview: Major Strides in Emissions Reduction
According to its recently released sustainability report, Baker Hughes has achieved a significant 36.9% absolute reduction in Scope 1 and 2 greenhouse gas (GHG) emissions compared to its 2019 baseline. This achievement represents the company’s largest emissions reduction to date, underscoring its commitment to a lower-carbon future. Moreover, operational emissions intensity dropped by 45.8% over the same period, proving that environmental stewardship and profitable growth can indeed go hand in hand.
Drivers of Progress: Renewable Energy and Efficiency Gains
The report highlights that nearly half of the reduction in facility emissions—specifically, a 49.0% decrease in combined Scope 1 and 2 emissions—can be attributed to increased use of renewable energy and enhanced operational efficiencies. These efforts are part of a broader corporate strategy rooted in strong governance and a “People First” culture, which together help embed sustainability into everyday operations.
Leadership Perspectives: Combining Purpose with Performance
“Sustainability underpins The Energy Equation™, ensuring that both industrial outcomes and energy sources are more efficient, more reliable, and more secure,” stated Lorenzo Simonelli, Chairman and CEO of Baker Hughes. He emphasized the company’s ongoing commitment to integrity, transparency, and accountability as it develops solutions for both traditional and new energy sources.
Echoing this sentiment, Chief Sustainability Officer Allyson Anderson Book noted, “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.” She also highlighted the role of employee-driven initiatives like Carbon Out, which integrates sustainability considerations across the entire business.
Key Highlights: Climate, Environmental, and Social Performance
Climate and Environmental Performance
In addition to the substantial cuts in operational emissions, Baker Hughes reduced total waste generated by 29.0% compared to a 2022 baseline, recycling 61,270 metric tons of waste. The company also completed a record 856 life cycle assessments—a 52.9% year-over-year increase—helping customers better understand both embedded and operational emissions of their solutions.
People, Safety, and Culture
On the people front, the company completed more than 1.65 million safety observations, achieving a total recordable incident rate of 0.25. Baker Hughes also conducted its first-ever global all-employee engagement survey, delivered in 64 languages with an approximately 63% completion rate. Furthermore, through its Carbon Outinitiative, over 1,000 employees are actively engaged in roughly 1,500 Scope 1 and 2 emissions-reduction projects.
Community Impact
Beyond operational metrics, Baker Hughes supported more than 900 charities worldwide and saw more than 2,100 employees contribute over 45,000 volunteer hours in communities where the company operates.
Commitment to Transparency and Reporting Standards
As a participant in the UN Global Compact, Baker Hughes remains dedicated to transparency and responsible business practices. The company’s sustainability report is prepared in accordance with the Global Reporting Initiative (GRI) standards and the GHG Protocol. It also includes detailed indices aligned with the Sustainability Accounting Standards Board (SASB), the Task Force on Climate-related Financial Disclosures (TCFD), and CDP frameworks. In recognition of its rigorous reporting, Baker Hughes was awarded Best Sustainability Reporting by Governance Intelligence in 2025.