Baker Hughes reduced its Scope 1 & 2 greenhouse gas emissions by 15% in 2020 compared to 2019, with Scope 1 emissions decreasing from 497,144 CO2e in 2019 to 432,316 CO2e in 2020, and Scope 2 market-based emissions decreasing from 303,647 CO2e to 252,069 CO2e.
02
The company significantly increased its electricity from renewables and zero-carbon sources, reaching 22% of total electricity (163,075 MWH) in 2020, up from 15% (104,457 MWH) in 2019 and 3% (17,762 MW) in 2018.
03
Baker Hughes increased female representation in its workforce from 17% in 2019 to 18% in 2020, with stronger hiring rates for women (27% in 2020 vs. 22% in 2019).
04
Total combined contributions to communities, including financial and in-kind donations, increased substantially from $26 million in 2019 to $119 million in 2020, with company in-kind contributions rising from $24 million to $115 million.
05
Water use decreased from 7,882 million liters in 2019 to 5,798 million liters in 2020, and the volume of significant spills decreased from 1,598 barrels in 2019 to 738 barrels in 2020.
06
The company saw improvements in health and safety performance, with total recordable incident rate decreasing from 0.28 in 2019 to 0.23 in 2020, and work-related fatalities remaining at zero for both years.
Insights
01
Baker Hughes reduced its Scope 1 & 2 greenhouse gas emissions by 15% in 2020 compared to 2019, with Scope 1 emissions decreasing from 497,144 CO2e in 2019 to 432,316 CO2e in 2020, and Scope 2 market-based emissions decreasing from 303,647 CO2e to 252,069 CO2e.
02
The company significantly increased its electricity from renewables and zero-carbon sources, reaching 22% of total electricity (163,075 MWH) in 2020, up from 15% (104,457 MWH) in 2019 and 3% (17,762 MW) in 2018.
03
Baker Hughes increased female representation in its workforce from 17% in 2019 to 18% in 2020, with stronger hiring rates for women (27% in 2020 vs. 22% in 2019).
04
Total combined contributions to communities, including financial and in-kind donations, increased substantially from $26 million in 2019 to $119 million in 2020, with company in-kind contributions rising from $24 million to $115 million.
05
Water use decreased from 7,882 million liters in 2019 to 5,798 million liters in 2020, and the volume of significant spills decreased from 1,598 barrels in 2019 to 738 barrels in 2020.
06
The company saw improvements in health and safety performance, with total recordable incident rate decreasing from 0.28 in 2019 to 0.23 in 2020, and work-related fatalities remaining at zero for both years.