What Is SLB Doing for Sustainability? Key Initiatives and Impact Explained
About
* SLB focuses its sustainability efforts on three pillars: Climate Action, People, and Nature. Linking Strategy and Sustainability
* Committed to achieving net-zero greenhouse gas emissions by 2050. This plan includes phased Scope 1, 2, and 3 emission reductions. Schlumberger Announces Commitment to Net Zero by 2050
* In 2021, SLB introduced its Transition Technologies⢠portfolio designed to help customers reduce emissions. How SLB is driving down gigatons of carbon emissions
* SLB’s 2024 Sustainability Report highlights the company’s progress and commitment to sustainability. Making strides: The SLB 2024 Sustainability Report
Partnerships
* Partnership with Aramco (2022): SLB and Aramco partnered to develop a digital platform for sustainability solutions in hard-to-abate industrial sectors. Schlumberger and Aramco to Collaborate on Digital Sustainability …
* Partnership with Aramco (2024): SLB and Aramco signed an agreement to co-develop and commercialize digital solutions to mitigate greenhouse gas emissions. SLB and Aramco framework seeks to create digital sustainability …
* Partnership with Aker Carbon Capture (2024): SLB and Aker Carbon Capture agreed to combine their carbon capture businesses to form a joint venture to accelerate industrial decarbonization. Aker Carbon Capture announces agreement to form Joint Venture …
* Partnership with Aker BP (2024): SLB and Aker BP formed a long-term partnership to co-develop an AI-driven digital platform for Aker BP to accelerate innovation and deliver substantial gains in efficiency and sustainability. SLB, Aker BP partner to develop, deploy AI-driven digital platform for …
* Partnership with Microsoft (2021): SLB and Microsoft expanded their partnership to accelerate new technologies for the energy industry, focusing on open, enterprise-scale data management. Schlumberger and Microsoft expand partnership to bring open …
* Partnership with Cognite (2022): SLB partnered with Cognite to integrate SLB’s Enterprise Data Solution for subsurface with Cognite Data Fusion®, an open industrial DataOps platform, to deliver data-driven solutions at scale for the global energy industry. Schlumberger and Cognite to Deliver Data-Driven Solutions at …
* Partnership with Linde (2022): SLB and Linde announced a collaboration on carbon capture and sequestration (CCS). Linde and SLB Collaborate on Carbon Capture and Sequestration
* Partnership with Twence (2025): SLB Capturi partnered with Twence to launch its first modular carbon capture plant at a waste-to-energy facility in Hengelo, Netherlands, capturing up to 100,000 metric tons of CO2 annually. SLB Capturi powers up its first modular carbon capture plant
Investments
* Investment in Aker Carbon Capture (2024): SLB invested $380 million to acquire an 80% stake in Aker Carbon Capture, a pure-play carbon capture company. SLB to invest nearly $400 million in carbon capture company
Emerging Technologies
* Digital Sustainability Solutions (2024): SLB is developing a suite of digital sustainability solutions enabling measurement, planning, and action on decarbonization. Introducing Digital Sustainability
* Carbon Capture and Sequestration (CCUS) Technologies (2022): SLB focuses on developing and deploying various CCUS technologies, including its modular Just Catch⢠design. Carbon CaptureSLB Capturi powers up its first modular carbon capture plant
* Transition Technologies⢠Portfolio (2021): SLB launched this portfolio of technologies with quantifiable emissions reduction benefits. How SLB is driving down gigatons of carbon emissions
Products and Technology
* Transition Technologies⢠(2021): This portfolio offers solutions for emissions reduction and improved sustainability. Driving High Performance Sustainably with Transition Technologies
* SLB Capturi Modular Carbon Capture Plant (2025): The first plant was launched in Hengelo, Netherlands, with a capacity to capture up to 100,000 metric tons of CO2 annually. SLB Capturi powers up its first modular carbon capture plant
* Digital Sustainability Platform (2024): This platform enables industrial companies to measure, report, and accelerate progress toward net-zero goals. SLB and Aramco framework seeks to create digital – Energy Connects
What to Watch
* Further development and deployment of carbon capture technologies.
* Expansion of digital sustainability solutions and their integration into industrial operations.
* Progress towards SLB’s net-zero emissions target by 2050 and the impact of its Transition Technologies portfolio.
Sources
(All URLs from the original prompt dated after 2020-01-01 are included here. Formatting for easy navigation is omitted due to length, but could be easily added if required.)
