Report On Corporate Responsibility

Overview

The report describes Baker Hughes's 2020 people, planet, and principles performance, including a reset of its GHG base year to 2019, a 50% Scope 1 and 2 reduction goal by 2030, and a net-zero goal by 2050. It reports 2020 Scope 1 emissions of 432,316 MT CO2e, market-based Scope 2 emissions of 252,069 MT CO2e, and Scope 3 emissions of 2,349,274 MT CO2e. The company also updated its ESG materiality assessment, expanded Scope 3 reporting, and disclosed Board and committee oversight of sustainability.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2020
Period: 1 January 2020 – 31 December 2020
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

GRI level

Materiality

Assessment
Basis
Matrix

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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