Schlumberger announced its commitment to a science-based target to reduce greenhouse gas emissions.
The French company’s commitment was submitted to the Science Based Targets initiative and, in line with the defined criteria, Schlumberger will define its reduction target by 2021.
Schlumberger has extensive operations and offices in Oklahoma and throughout the oil-producing states in the U.S.
Scientifically based targets in line with the latest scientific knowledge on climate must meet the objectives of the Paris Agreement, an agreement established in 2016 by the United Nations Framework Convention on Climate Change in the goal of reducing GHG emissions. The Paris Agreement is focused on limiting global warming well below 2 ° C compared to pre-industrial levels.
Olivier Le Peuch, CEO of Schlumberger, said: “The energy industry has a key role to play in reducing the effects of climate change. Schlumberger strives to initiate measurable changes in industry GHG emissions to help reduce climate change. The application of our industry-friendly environment-friendly technologies will help improve the efficiency of our processes and reduce our environmental footprint. ”