Baker Hughes: Net-Zero Innovation in the Energy Sector
At the helm of an evolving energy paradigm, Baker Hughes is not just envisioning a greener future but actively creating one. With global energy demands undergoing monumental shifts, this titan in energy technology is venturing beyond traditional horizons to nurture a sustainable tomorrow.
Amidst a global shift towards sustainability, Baker Hughes emerges as a vanguard, harnessing over a century of industry heritage. With a presence in upwards of 120 nations, it’s refashioning the very bedrock of energy solutions for a planet conscious era.
The vanguard of sustainability
Demonstrating sincere commitment rather than mere lip service, Baker Hughes is at the coalface of the clean technology revolution. It's not only innovating for a low-carbon world but also drastically minimising its environmental footprint. Its pledge in January 2019, marking it as a frontrunner in the oil and gas sphere to target net-zero carbon emissions by 2050, underscores this ethos.
This ambitious goal seeks a halving of CO2e emissions by 2030, from a 2012 benchmark.
Baker Hughes said it is “committed to reducing our emissions by 50% by 2030 and net-zero by 2050.
We are taking energy forward by delivering the highest efficiency productivity outcomes for broader energy and industry
“We are bringing our core technology capabilities to lead in the energy transition and enable a decarbonisation path for energy and industry.
“We are taking energy forward by delivering the highest efficiency productivity outcomes for broader energy and industry.”
Baker Hughes’ commitment to sustainability is no mere statement but a foundational ethos, interwoven with its corporate strategy, heralds Allyson Anderson Book, echoing the sentiments from their 2023 corporate sustainability report:
“At Baker Hughes, sustainability is directly tied to our corporate strategy and creates long-term value through improved ESG performance and better resilience against climate risks.
“Through our sustainability strategy — executed across our corporate framework of people, planet and principles — we have continued to operationalize sustainability, turning our net-zero ambitions into actions.
“Our people remain central contributors to taking energy forward.”
A visionary’s perspective
Allyson Anderson Book is not merely overseeing this transition but is actively steering Baker Hughes towards sustainability, fostering commercial solutions for energy transition and shaping new markets through engagement and policy development. Allyson shared her invaluable insights at Sustainability LIVE Climate Week NYC, solidifying her stance as a preeminent thought leader in energy and sustainability.
With a seasoned background that spans the gamut from academia to policy, Allyson’s trajectory in the energy sphere is both deep and wide-ranging. Her accolades and recognitions speak volumes, including a spot among the Transition Economist 100’s Women of the Energy Transition in sustainability and being the sole CSO featured in our Top 10 Energy Leaders in the Americas.
Charting the tech-driven route to net zero
Baker Hughes excels by deploying a two-pronged strategy: pioneering immediate, impactful emission reduction technologies and fostering novel solutions for future energy systems. From optimising current operations through advanced power systems, emission management, and smart asset optimisation, to pushing the frontiers with hydrogen, CCS, geothermal energy, and net zero LNG solutions, Baker Hughes is crafting the roadmap for a low-carbon future with unwavering dedication.
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