Schlumberger's decarbonisation drive includes scope three emissions
Schlumberger pivots portfolio towards net zero
Firm sets aggressive new 2050 decarbonisation promise with rare scope three emissions detail
US oilfield services provider Schlumberger has become the latest oil and gas firm to pledge net-zero emissions by 2050. The decarbonisation drive includes scope three emissions, making Schlumberger the first energy services company to cover indirect customer emissions. The three-pronged company roadmap commits Schlumberger to several interim emissions targets. The company aims to reduce scope one and two emissions by 30pc by 2025, using 2019 as the baseline year. By 2030, Schlumberger expects to cut this down further to 50pc, as well as scope three greenhouse gas emissions by 30pc, before hitting the final net-zero target in 2050. Uniquely, the company is targeting its entire value chain rat
Also in this section
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
24 April 2026
The European Commission’s response to the Middle East crisis is to double down on its transition strategy, with plans for a new target on electrification
24 April 2026
A major new discovery by Eni and BP that can likely be fast-tracked to production is welcome news for Egypt as it scrambles to plug a widening supply gap and deal with rising import risks
24 April 2026
Countries in the region are turning to the cleaner-burning fuel for power generation, driving demand for imports
