How Baker Hughes Technology Advances the Path to Net Zero
Energy technology giant Baker Hughes sets ambitious net-zero goals while developing innovative solutions for a low-carbon future.
This comes as the global energy landscape undergoes what is undoubtedly a profound transformation.
In a bid to tackle this head-on, Baker Hughes is positioning itself at the forefront of the industry’s transition towards a more sustainable future, leveraging more than a century of experience and deep-rooted operations in more than 120 countries.
Baker Hughes: Pioneering the path to net zero
Baker Hughes is walking the walk and not just talking the talk: by leveraging its expertise, it is driving innovation in clean energy technologies while simultaneously working to reduce its own carbon footprint.
This became more apparent when, in January 2019, Baker Hughes became one of the first companies in the oil and gas sector to commit to achieving net-zero carbon emissions from its operations by 2050.
This target includes a 50% reduction in CO2e emissions by 2030 compared to a 2012 baseline.
Baker Hughes said it is “committed to reducing our emissions by 50% by 2030 and net-zero by 2050.
“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.”
We are taking energy forward by delivering the highest efficiency productivity outcomes for broader energy and industry
This sentiment is echoed by Baker Hughes’ CSO Allyson Anderson Book, who said off the back of the company’s 2023 corporate sustainability report released earlier this year: “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.”
Allyson Anderson Book to speak at Sustainability LIVE Climate Week NYC
Overseeing the company’s transition to net zero, Allyson does this driving sustainable operations, supporting commercial energy transition solutions for customers and ensuring market creation of solutions via stakeholder engagement and policy development at Baker Hughes.
She will be joining sister title Sustainability Magazine at Sustainability LIVE Climate Week NYC, taking place on the 5th floor of 360 Madison Avenue, New York City on 24 September.
Her experience in energy and sustainability stretches back long before her career at Baker Hughes started five years ago, however.
Before joining the energy technology company, Allyson served as the Executive Director of the American Geosciences Institute and has held several academic, policy and senior government positions, including working for the US Senate Energy and Natural Resources Committee and serving as the Associate Director of Strategic Engagement of the Bureau of Safety and Environmental Enforcement (BSEE) at the US Department of the Interior.
On top of these top roles, Allyson has been hailed as one of the most influential women in energy and has been praised in Transition Economist 100’s Women of the Energy Transition in the sustainability category. She was also the only CSO to be listed in our Top 10 Energy Leaders in the Americas list.
How does Baker Hughes technology accelerate the path to net zero?
Baker Hughes’ dual approach of deploying efficient technologies for immediate emissions reductions and investing in future sustainable energy solutions makes it an energy company at the top of its game.
Its technologies, which focus on reducing Scope 1 and 2 emissions in current energy operations, include efficient power and compression systems, emissions management solutions and intelligent asset optimisation.
Outside of its own operations, Baker Hughes is developing and implementing technologies for tomorrow’s energy landscape and helping others in their decarbonisation journeys, such as hydrogen production and utilisation, carbon capture and storage, geothermal energy and net zero LNG.
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