Our Approach to Sustainability | SLB

Our Approach to Sustainability

Sustainability can’t just be an add-on. It has to run deep through our strategy and be a fundamental part of how we operate. It’s a long-term journey, and our transition to net zero is only the beginning.

Female engineer in a lab
Female engineer in a lab

Weaving sustainability into our entire business

We've put a sustainable approach into practice at every level of our business, guided by a comprehensive framework of principles, ambition, and action, with regular reporting on progress.

Our purpose

Together, we create amazing technology that unlocks access to energy for the benefit of all.

Our vision

To define and drive high performance for the energy industry, sustainably.

Our three areas of focus

We're committed to helping drive the global shift to sustainable energy production. We're setting challenging goals for ourselves to deliver measurable social and environmental progress, and we’re also asking our customers, suppliers, and peers to partner with us in this journey. Together, we can make real progress in accelerating energy innovation and access while supporting local and global economic development.

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Climate Action
Our road map to net zero, decarbonizing customer operations, and new energy and transition opportunities guide our strategy.
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Climate Action
Our climate action strategy leverages our expertise and experience to play our part in decarbonizing the world’s energy system for a sustainable future.
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People
We put people first by respecting human rights, building a more inclusive workplace, and driving positive socioeconomic outcomes.
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People
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Nature
We've identified three key environmental issues that are significant for our operations: biodiversity, natural resources, and circularity.
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Nature
Minimizing impact on ecosystems and biodiversity, conserving natural resources, and promoting circularity.
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Sustainability enablers

Governance

Assuring that we act responsibly and transparently across all operations in our business relationships and supply chain.

Empowering local teams

Supporting societies and communities in contributing to the UN Sustainable Development Goals by understanding local impacts, aligning with local priorities, and accelerating action.

Sustainability accelerators

Technology and innovation

Navigating the energy transition and getting to net zero by leveraging our AI, digital, and technology innovation.

Partnerships

Engaging employees and collaborating with business partners, customers, and the communities in which we live and work to broaden our positive impact and expand into energy verticals.

Contributing to UN SDGs

Our work in sustainability, particularly in the communities where we operate, helps us contribute to the UN's Sustainable Development Goals. Our own sustainability goals are aligned to these, and we are drawing on our innovation capabilities, technology investments, and strategic partnerships to realize them while engaging the entire SLB organization in our drive for sustainability.

UN SDG Logo with seal
UN SDG Logo with seal

Sustainability embedded

By embedding sustainability throughout our operations, we're aligning our business decisions with our sustainability objectives. Through digital enablement and a strong governance structure, we're unlocking timely and detailed data as well as tools and processes that can inform sustainability-focused decisions and meet regulatory and auditing requirements.

Innovation, technology, and strategic partnerships are also fundamental to accelerating our sustainability journey while balancing climate impacts and energy demand.

By acting now, we can create a better future and enhance our customers' performance.

Sustainability reporting

Our reporting is guided by our stakeholders and third-party frameworks, including:

  • Sustainability Accounting Standards Board (SASB) Standards
  • Task Force on Climate-Related Financial Disclosures (TCFD) Recommendations
  • UN Sustainable Development Goals (UN SDGs)
  • UN Guiding Principles on Business and Human Rights Reporting Framework
2021 Sustainability Report
We develop our annual Sustainability Report using key frameworks that guide our performance measurements and disclosures around economic, environmental, and social impact. All to drive added value for our stakeholders.
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More about our approach
Olivier Le Peuch
Message from the CEO
An overview of our progress in sustainability from Olivier Le Peuch.
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Message from the CEO
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Katharina Beumelburg
Message from the Chief Strategy & Sustainability Officer
Katharina Beumelburg outlines the SLB strategy for a sustainable energy future.
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Message from the Chief Strategy & Sustainability Officer
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Governance and Ethics
How we oversee and deliver our sustainability agenda at every level.
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Governance and Ethics
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Empowering Local Teams
Development and accountability for our geography-specific sustainability strategy.
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Empowering Local Teams
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Health, Safety, and the Environment (HSE)
Meeting the highest standards of human health and safety, and environmental protection.
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Health, Safety, and the Environment (HSE)
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Sustainable Supply Chain
We are environmentally, economically and socially responsible and protect human rights throughout our supply chain.
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Sustainable Supply Chain
Schlumberger is committed to operating ethically and in an environmentally, economically and socially responsible manner.
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