Baker Hughes Outlines Expanded Sustainability Reporting and Energy Transition Ambitions in its Corporate Responsibility Report, 2020

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July 1, 2021

The Paris Climate Agreement aims to substantially reduce global greenhouse gas emissions in an effort to limit the global temperature.

An energy technology company’s major agenda and focus should be to provide the world with cleaner and safer energy. Efficiency is the one thing company’s strive for and works hard towards.  As a part of its corporate responsibility, Baker Hughes recently shared its 2020 Report providing an expanded view of the company’s environmental, social, and governance performance and alternatively commits to a sustainable future. Advancing the energy transition and enabling effective infrastructure and value chains.

The report outlines nine key building blocks necessary to achieve net-zero emissions by 2050. These outlines include enterprise transformation, implementation of the sustainable supply-chain framework, and innovation in terms of low-carbon technology. Baker Hughes has always been a pioneer when it comes to corporate responsibility performance. It is the first oil and gas technology company to receive the Climate Leadership Award. Baker Hughes also highlighted its achievements in opportunities for Diversity, Equality, and Inclusion. The company also supported communities during the pandemic and contributed $119 million to sustainable initiatives. 

To read more about Baker Hughes’ achievements, click HERE.

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