Tuesday, 02 January 2024 12:17 GMT

Baker Hughes 2025 Corporate Sustainability Report: 2025 Sustainability Performance Highlights


(MENAFN- 3BL) We are Rewriting The Energy EquationTM

Baker Hughes1 is an energy technology company that provides innovative solutions to the challenges of energy and industrial customers worldwide. Backed by more than a century of experience and deep domain expertise, today's Baker Hughes team of approximately 56,000 professionals work in more than 120 countries to help customers operate more efficiently, reduce emissions and build secure and resilient energy and industrial systems the world needs. This is who we are: a company built to deliver reliable energy today while accelerating the transition to a lower-carbon future.

One company, one purpose

We operate as one enterprise, with two complementary business units, to deliver on our purpose of making energy cleaner, safer and more efficient for people and the planet.

The Oilfield Services & Equipment (OFSE) business unit delivers the energy sources that industry relies on to meet the world's needs. We believe that technology innovation, enabled by digital and AI capabilities, is the bedrock of making those sources more sustainable, affordable and secure. Working across a spectrum that includes traditional, new and emerging energy, OFSE develops and deploys efficient field development solutions, optimized production and recovery solutions and fit-for-purpose solutions for energy sources. We offer a portfolio that includes solutions not only for oil and gas, but also for new energy.

IET delivers powerful solutions for industrial emissions reduction and builds the lower-carbon infrastructure of the future. This includes gas turbines and modular power generation for efficient, lower-emission energy, hydrogen production and compression systems, electrification and grid solutions and digital asset management platforms for predictive maintenance and emissions monitoring.

In combination, OFSE and IET represent a portfolio that is unique in its ability to sustainably move the world forward.

We are not just solving the challenges of today. We are shaping the energy landscape of tomorrow.

The world is asking more of industry and energy than ever before.

And that means that The Energy EquationTM – the relentless, interdependent cycle between industrial outcomes and energy sources – must change. Baker Hughes is rewriting The Energy EquationTM by capitalizing on our unique position within and across, both of its sides. We simplify complexity, modernize systems and integrate capabilities to sustainably deliver radical new industrial outcomes, to rethink how energy is sourced and to deliver on the world's aspirations.

Our roadmap: Three horizons for growth

Our strategy comes to life through a clear, forward-looking roadmap built around three horizons. Together, they define how we can deliver value today, scale new opportunities tomorrow and lead the future of energy for decades to come.

Horizon One (2023 - 2025): Transforming the core
We refined our core business, enhancing efficiency and dependability across our
operations and technologies. This foundation ensures we deliver consistent value
and reliability for customers while improving our own environmental performance
Horizon Two (2026 - 2028): Investing in profitable growth and
expanding solutions
We are now accelerating into Horizon Two, scaling new growth opportunities in new
energy, industrial asset management and digital optimization. These investments
expand our capabilities and position us to meet evolving customer needs across
both energy and industry
Horizon Three (2028+): Leading the future of energy in new
frontiers
Horizon Three focuses on breakthrough technologies that will define the next era of
energy: advanced emissions management, next-generation clean power and
emerging climate technologies. This is where we can help shape a cleaner, more
sustainable global energy system

Read the full Baker Hughes 2025 Corporate Sustainability Report

1 "Baker Hughes," "the Company," "we," "us" or "our"

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