A Sustainable Energy Future | SLB
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A balanced planet is one that will require more energy and less carbon.
As a global technology company driving energy innovation, we play an instrumental role in this balancing act.
We recognize the need for society to go further for the climate, for people, and for nature.

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Industrialemissionsmustreduce.
Thereinliesoneofourgreatestopportunitiestomakean
Industrial emissions must reduce. Therein lies one of our greatest opportunities to make an
impact
cdou 1
cdou 2
cdou 3
Ourcustomers
dependuponus.
Our customers depend upon us.
Ourpeople—scientists,engineers,and
technologists—areworkingtoimprovethe
environmentalandsocialimpactofouroperations.
Our people—scientists, engineers, and technologists—are working to improve the environmental and social impact of our operations.
Waterfall in Iceland
Manufacturing facility in Singapore
Transition
Technologies
Transition Technologies

Our Transition Technologies portfolio is a key enabler in decarbonizing our customers’ production operations, reducing operational carbon intensity, and lowering methane emissions.

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Methane Spotlight
Lowering
Methane
Emissions
Lowering Methane Emissions
Large Molecule Small Molecule Small Molecule Small Molecule Small Molecule
Cement Spotlight
Reduce
Reduce
Reduce
Reduce Reduce Reduce
Wireline Spotlight
Allthebenefits
withoutflaring
All the benefits without flaring
Ora Wireline
Methane Point Instrument
Methane Point Instrument

The methane point sensor, pinpointing methane leaks in the field.

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ClimateAction
Climate Action
Wecanhelpreduceourcustomers’
Scope1and2emissionsthrough
ourownScope3emission
reductiontargets.
We can help reduce our customers’ Scope 1 and 2 emissions through our own Scope 3 emission reduction targets.

This is a significant opportunity, given that our Scope 3 emissions account for almost 95% of our total emissions.

We are making progress, achieving a ~21% reduction in Scope 3 emissions against our 2019 baseline, and helping customers avoid more than 830,000 metric tons of CO2e in 2023—equivalent to taking almost 185,000 cars off the road.1

Ora™
Ora™

The Ora platform can avoid flaring during well testing.

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830,000

metric tons of CO2e avoided for customers in 2023

NeoSteer™
NeoSteer™

The at-bit steerable well drilling system that helps decarbonize drilling operations.

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Wealsolooktoour
ownbusinessand
Walkthetalk
We also look to our own business and Walk the talk

We also look to our
own business and

Walk the talk

SLB Technicians
SLB Buzz Van
SLB Engineers

We are focusing on operational efficiency, electrification, job design, and low-carbon fuel alternatives to progress on our own Scope 1 and 2 emissions, achieving a ~24% reduction in our Scope 1 and 2 emissions against our 2019 baseline.

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OurJourneytoLowerEmissions
Our Journey to Lower Emissions

We are industry-leading in announcing a comprehensive 2050 net zero target inclusive of Scope 1, 2, and 3 emissions across our value chain.

Our 2023 Scope 1&2 progress

~0%

Reduction of Scope 1&2 absolute emissions against our 2019 baseline

Our 2025 target

0%

Reduction of Scope 1&2 absolute emissions against our 2019 baseline

Our 2030 target

0%

Reduction of Scope 1&2 absolute emissions against our 2019 baseline

Our 2023 Scope 3 progress

~0%

Reduction of Scope 3 absolute emissions against our 2019 baseline

Our 2030 target

0%

Reduction of Scope 3 absolute emissions against our 2019 baseline

Accra Ghana
Dammam Saudi Arabia
Iceland Glacier
Offshore Operations
California Exploration
Architects of a
resilient future
People
People
Peoplearethecatalysts
forrealchange.
People are the catalysts for real change.

By working to respect human rights, promoting diversity and inclusion in the workplace, unlocking human potential for innovation through STEM education, we’re fortifying our communities.
Investing in our people and the countries where we operate helps to strengthen our collective future.

Promoting talent, diversity and inclusion
Our People Spotlight
Promotingtalent,
diversityand
inclusion
Promoting talent, diversity and inclusion
Social Spotlight
Positive, sustainability impact
Stem Spotlight
Drivingexcellence
Driving excellence
Drivingexcellence
Driving excellence
Respecting Human Rights
Human Rights Spotlight
Respecting
Human
Rights
Respecting Human Rights
Nature
Nature
Protecting
nature
Protecting nature
Wearefocusedonsafeguardingbiodiversity,
protectingournaturalresourcesandenabling
circularitythroughoutthelifecycleofourtechnology.
We are focused on safeguarding biodiversity, protecting our natural resources and enabling circularity throughout the lifecycle of our technology.
Salt Flats
Nevada
Sunrise Iceland
Measure,Reduce,Replenish
Measure, Reduce, Replenish

Our holistic water stewardship strategy—Measure, Reduce, Replenish—addresses water-related challenges and opportunities within our company, the communities where we operate, and for our customers.

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Water Conservation
Water Conservation Spotlight
Conservingwater
Conserving water
Water Stewardship
Water Stewardship
Abeacon
ofwater
sustainability
A beacon of water sustainability
Aquifer Spotlight
Aquifer Spotlight
Partnerships
forwater
stewardship
Partnerships for water stewardship
Patagonia Argentina Geothermals Iceland Electric Completions Lab
Guidedbycircularityprinciples,weare
workingtoconservenaturalresourcesand
reducewasteacrossourvaluechain.
Guided by circularity principles, we are working to conserve natural resources and reduce waste across our value chain.
Reduce

Designing or redesigning a product or process to consume less and be more resource efficient.

Reuse

Using or redistributing a product for its original intended purpose or functionality.

Refurbish

Restoring or reconditioning a product for a new use case, maintaining its original intended functionality or modernizing it to meet current needs.

Remanufacture

Repurposing or remanufacturing a product to serve a different function than originally intended.

Recycle

Reclaiming material at the end of life to reduce landfill waste and the consumption of virgin materials.

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Technology Lifecycle Spotlight
Technology Lifecycle Spotlight
Advancing
circularity
atscale
Advancing circularity at scale
Circularity Spotlight
Impactthrough
modulardesign
Impact through modular design
Circularity Spotlight

Our ambition to go further for our customers, our people, the communities we work in and for the planet, keeps us in a mindset of

continuous  discovery  continuous  discovery
continuous  discovery
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So, while ’for a balanced planet’ may be why we do what we do,
it is how we do it—our own balanced approach to innovation— that can enable access to secure, more sustainable energy for all.

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Careers
Careers
We’rediverseandinsightful,pushing
theboundariesonaglobalstage.
We’re diverse and insightful, pushing the boundaries on a global stage.

Our sustainability priorities

Climate Action
Climate Action

Our journey to lower emissions, decarbonizing customer operations, and scaling new energy systems.

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People
People

We put people first by respecting human rights, building a more inclusive workplace, and driving positive socioeconomic outcomes.

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Nature
Nature

We've identified three key environmental issues that are significant for our operations: biodiversity, natural resources, and circularity.

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References
1. Calculated per US EPA Greenhouse Gas Equivalencies calculator
2. The methane lidar camera is a licensed product of QLM Technology Ltd.

Important Notes
Certain information on this webpage, as well as other statements we make, include forward-looking statements. Such statements often contain words such as “expect,” “may,” “can,” “believe,” “predict,” “plan,” “potential,” “projected,” “projections,” “precursor,” “forecast,” “outlook,” “expectations,” “estimate,” “intend,” “anticipate,” “ambition,” “goal,” “target,” “scheduled,” “think,” “should,” “could,” “would,” “will,” “see,” “likely,” and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain and subject to risks, including but not limited to the risks we identify in our filings with the Securities and Exchange Commission (SEC). As such, actual results or outcomes, including but not limited to our progress on or ultimate achievement of any of our ESG targets or initiatives, may vary materially from those reflected in our forward-looking statements. Moreover, sustainability matters are subject to significant scrutiny and evolving expectations. Our approach to such matters may evolve as well, and we cannot guarantee that any approach we take will necessarily align with any particular stakeholder’s preferences. Our statements on such matters should therefore not be unduly relied on without considering the relevant risks, disclaimers, and methodological qualifications, including any such information provided in our filings with the SEC and in our more comprehensive sustainability reporting. Similarly, while we provide information on various sustainability matters which are important to us or various stakeholders, such information is not necessarily material for purposes of our obligations under various reporting requirements. Additionally, statements herein are made as of February 2024, and we disclaim any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.