Becoming Part of the Environment

The Schlumberger approach to social investment respects three principles—it must be for activities that are connected to our business, it must be rooted in the communities in which we work, and it must be both focused and accountable. Today, much of our investment is directed at education—particularly in science, technology, engineering, and mathematics (STEM) because these subjects underpin our business as well as economic growth—and at initiatives closely connected with health and safety, as these are essential to human development.

In practicing this approach, Schlumberger engages in educational programs that range from the Schlumberger Excellence in Educational Development (SEED) program focused on schoolchildren between the ages of 10 and 18 to the Schlumberger Foundation’s Faculty for the Future initiative, which is designed to create a community of women leaders in STEM subjects that support socioeconomic development in their home developing economies.

Recognizing the link between science, technology, and socioeconomic development, as well as the key role of education in realizing individual potential, the Schlumberger Foundation’s Faculty for the Future program supports science and technology by enabling women from developing economies to pursue advanced graduate study in science and engineering subjects at top universities worldwide. In doing so, the program is building an international community of women leaders in science, who are prepared to make an impact in their home countries around the world.

These and other initiatives further the pursuit of two key Schlumberger advantages—becoming part of the environment with every country as a home country, and harnessing the benefit that cultural affinity provides with the customers in an industry that deploys ever more complex technology.

Schlumberger has invested considerable effort in understanding the sustainable development aspects of its operations around the world. As a result, we have developed a sustainability framework that represents different facets of our activities. When viewed through this lens, it becomes clear that the company contributes to every country in which it works, often to a degree beyond any strict local obligations. Wherever Schlumberger operates, we strive to align our global business model with local and national priorities through continuous and proactive engagement with a wide range of stakeholders.