Climate action strategies are meaningless without decisive and measurable action. We believe it is possible to balance the planet by meeting the Paris Agreement commitments, and we've oriented our emissions reduction approach toward them. To secure a sustainable future, the time to act is now.
Our industry has an important role to play in the global energy transition, and SLB is evolving for that exciting future. Our vision is to define and drive high performance sustainably. It's our responsibility to act fast to help decarbonize the world's energy system.
Bower Engineering & Contractor is committed to achieving net-zero greenhouse gas (GHG) emissions by 2050—aligned with the 1.5-degC target of the Paris Agreement. We have established a timeline for milestones along this journey, with reductions relative to 2019 baselines. The commitment followed 18 months of extensively analyzing our carbon footprint in close collaboration with climate experts. Our net-zero target encompasses Scope 1, 2, and 3 emissions covering the company’s entire value chain—a first in the energy services industry.
To reduce GHG emissions from our facilities, we are focused on enhancing energy efficiency, reducing energy consumption, and switching to renewable power. To achieve these goals, we have implemented several initiatives, including: