Our Approach to Sustainability | Schlumberger

Our Approach to Sustainability

Our sustainability focus has three priorities: climate action, people, and nature

Our Purpose
Together, we create amazing technology that unlocks access to energy for the benefit of all.
Our Vision
With our purpose in mind, our vision is to define and drive high performance for the energy industry, sustainably.
Our Foundation
Our sustainability strategy is built on the foundation of protecting the health of our employees and managing HSE risks in the workplace and our operations, along with a commitment to operating ethically and through responsible sourcing.

As a global technology company for the energy industry, we're committed to being at the forefront of the global shift toward more sustainable energy production—challenging not only ourselves, but also our customers, suppliers, and peers to partner on delivering measurable social and environmental progress. This translates into taking measurable strides to accelerate innovation in energy transition and achieving these goals in a way that contributes to energy access and economic development, both locally and worldwide. Accordingly, our sustainability focus for the near to medium term has three priorities: climate action, people, and nature.

Blue sky with white clouds.

Our road map to net zero

Decarbonizing operations

New energy and transition opportunities
Mixed group of individuals.

Create in-country value

Respect human rights

Promote diversity, equity, and inclusion
Aerial view of forest.

Safeguard biodiversity

Protect natural resources

Enable circularity
Image showing the enablers and accelerators of Schlumberger's sustainability strategy.
United Nations logo above the words Sustainable Development Goals

A holistic approach and global view

We seek to leverage our unique capabilities, invest in technology and innovation, use strategic partnerships, and engage the entire Schlumberger organization to achieve our sustainability goals.

Delivering on our ambitions not only represents a substantial opportunity for the company in the coming decade, it also enables us to contribute to the UN Sustainable Development Goals in cooperation with the communities where we operate.

Strategy for sustainability

By operationalizing sustainability, we seek to

  • drive alignment of business decisions with our sustainability objectives, where we need consistent, timely, and detailed data
  • have sustainability embedded into decision-making tools and processes
  • have a forward-looking view of climate impacts and energy demand with scenario planning to enable proactive decisions.

Our strategy is strongly focused on digital enablement, aimed at investing in sustainability data that meets regulatory and auditing requirements and is supported by a robust governance structure. Innovation and technology are fundamental to accelerating our journey. We believe that strategic partnerships in key areas will enable us to act now for a better future. Schlumberger is committed to providing technologies and services that enhance and optimize our customers’ performance while making the most of our unique assets.

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.

Ipieca Principles

We support the Ipieca Principles—an important landmark for the energy industry as we accelerate action to drive sustainability impacts and meaningfully contribute to the UN Sustainable Development Goals and the Paris Agreement.

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