Schlumberger Ltd 2020 AR2
The report highlights Schlumberger's strategic and operational performance during the challenging year of 2020, marked by the COVID-19 pandemic and a severe industry downturn. The company accelerated its performance strategy, initiating the largest restructure in its history to permanently remove structural costs and transition to a leaner, basin-aligned organization. In terms of sustainability, Schlumberger achieved a 14% reduction in its Scope 1 and 2 greenhouse gas emissions intensity and launched Schlumberger New Energy to develop low- and zero-carbon technologies. Additionally, the company advanced its digital platform strategy, seeing a 400% user growth in its DELFI cognitive E&P environment.
Company: Schlumberger Ltd
Sector: Energy
Country: United States
Year: 2020
Type: AR2
Pages: 72
Back to company
Schlumberger Ltd
Annual Report
The report highlights Schlumberger's strategic and operational performance during the challenging year of 2020, marked by the COVID-19 pandemic and a severe industry downturn. The company accelerated its performance strategy, initiating the largest restructure in its history to permanently remove structural costs and transition to a leaner, basin-aligned organization. In terms of sustainability, Schlumberger achieved a 14% reduction in its Scope 1 and 2 greenhouse gas emissions intensity and launched Schlumberger New Energy to develop low- and zero-carbon technologies. Additionally, the company advanced its digital platform strategy, seeing a 400% user growth in its DELFI cognitive E&P environment.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Feb 20, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees