trending Market Intelligence /marketintelligence/en/news-insights/trending/hxH_1grX-Uz8Fl96K9vgEA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Schlumberger commits to emissions reduction, will set targets by 2021

Essential Energy Insights - May 14, 2020

Credit Risk: Identifying Early Warning Signals In The Oil And Gas Industry

Stress Testing Energy Companies in the Current Environment

Infographic Solar Power by the Numbers The US Canada and Mexico


Schlumberger commits to emissions reduction, will set targets by 2021

As part of its Global Stewardship program, oilfield services major Schlumberger Ltd. committed to setting science-based greenhouse gas emissions reduction targets, it said Dec. 19.

The targets aim to meet the goals of the Paris Agreement on climate change, which focuses on limiting global warming to well below 2 degrees Celcius by the end of the century.

Schlumberger submitted its commitment to the Science Based Targets initiative and said it will define its reduction target by 2021.

"The energy industry has a key role to play in reducing the effects of climate change. Schlumberger seeks to lead positive, measurable changes in GHG emissions within the industry to help reduce climate change," CEO Olivier Le Peuch said Dec. 19. The application of the company's "environmentally responsible" technologies will help drive process efficiency and environmental footprint reduction, Le Peuch said.

The Science Based Targets initiative is a collaboration between London-based nonprofit organization CDP Worldwide, the United Nations Global Compact, World Resources Institute, and the World Wide Fund for Nature. It champions science-based target-setting as a way of boosting companies' competitive advantage in the transition to the low-carbon economy. It is one of the We Mean Business Coalition commitments.