Our vision is to define and drive high performance, sustainably. We are committed to being at the forefront of our industry’s shift toward more sustainable energy production—challenging not only ourselves, but also our customers, suppliers, and peers to partner on delivering measurable social and environmental progress. We are working to reduce our own environmental footprint and believe we are uniquely positioned to help our customers reach their own sustainability goals.
Installing solar power generation at our Egypt Center of Efficiency saved 400 metric tons of CO2.
SCOPE 1 & 2 GHG EMISSIONS 
This year, we reduced our Scope 2 emissions by approximately 13%, which is equivalent to 78,000 metric tons of CO2.
Following our commitment to set a science-based emissions footprint reduction target, the first such commitment among service companies in exploration and production (E&P), work began with the Science Based Targets initiative (SBTi) to define our targets for both our direct emissions and those of key suppliers—including end products and services. This target will be set in 2021 and validated externally by the SBTi.
Meanwhile, we set initial targets to reduce our total GHG emissions from Scope 1 and 2 sources 30% by 2025. In 2020, we delivered a 14% reduction of our Scope 1 and 2 emissions intensity within one year. Emissions intensity accounts for activity fluctuations, providing a more comparable measure of progress. This puts us well on our path to our stated 2025 total emissions reduction goal.
We progressed on the adoption of both Task Force on Climate-Related Financial Disclosures (TCFD) and Sustainability Accounting Standards Board (SASB) frameworks to increase the transparency of our environmental disclosures, resulting in a high-grading of our rating in the CDP Climate Change assessment, to a peer-leading A minus.
Schlumberger is committed to developing innovative technologies for our customers that enhance oilfield efficiency, reduce E&P costs, improve productivity, maximize reserve recovery, and increase asset value—all in a safe and environmentally sound manner.
Our global network of technology centers positions Schlumberger to accelerate a diverse range of innovative technological approaches to support oil and gas across the energy transition. Our broad portfolio includes more than 100 impact-reducing technologies to help our customers decrease their environmental footprint, use cleaner chemistry, reduce waste, and decarbonize elements of the E&P process.
We are also at the forefront of the rapid transition to digital hardware, artificial intelligence, and the detailed characterization and control of all operations though the proliferation of sensing and actuation devices on edge networks. Through targeted R&D investment, we use advanced cloud and edge computing to rapidly develop and implement technologies for operational efficiency. Significant reductions in operational footprint are being achieved through remote operations and automation and control systems. These systems are also reducing environmental impact and enhancing safety by dramatically lowering the number of field crew visits needed to keep assets at optimal performance.
In Ecuador, Schlumberger accelerated adoption of digital solutions through its integrated business model by implementing Agora* edge AI and IoT solutions on its own Asset Performance Solutions (APS) project. By combining digital technologies within an integrated environment, production performance was increased while operational and environmental footprint were reduced.
To solve production challenges with high gas/oil ratio wells, Agora solutions were used to deliver an automated electric submersible pump (ESP) gas-handling process. Using a securely connected, solar-powered skid running predictive AI at the edge to optimize well and ESP performance, production was increased 30% in wells connected by the Agora solution, while reducing field crew visits to these wells by 97%—an example of the performance made possible by combining digital and integration.
Schlumberger has always recruited where we work, committing to a sustainable presence in each country. Our people actively support and engage with their communities, while we ensure our local social and environmental priorities are aligned with specific United Nations Sustainable Development Goals.
We continued to advance our social priorities as a participating member of the United Nations Global Compact and are committed to implementing its Ten Principles in the areas of human rights, labor, environment, and anticorruption.
Prioritizing sustainability in our communities
To support the delivery of our integrated projects with Cairn Oil & Gas, Vedanta Limited, in the Barmer District in Rajasthan, India, Schlumberger established a dedicated community relations team to enhance our social performance capability and integrate sustainable development into project execution. Based on customer and community engagement, Schlumberger is implementing several social performance programs in the district focused on United Nations Sustainable Development Goals (SDGs) that matter locally. In 2020, Schlumberger supported Quality Education (SDG 4) by partnering with the customer and local administration to establish science and technology centers and SMART classrooms in 35 public schools across the Barmer District to increase youth participation in STEM activities. The program has directly impacted over 7,000 students with the long-term objective of improving talent and increasing diversity in our local hiring pool.
Impact-reducing Technology
To support our customers in addressing their environmental priorities, Schlumberger currently offers a broad technology portfolio of more than 100 solutions with attributes that tie to the six environmental SDGs. Our technologies include a range of environmental impact-reducing options aimed at:
We recognize that our future will expand beyond oil and gas with the energy transition and are positioning ourselves for significant long-term growth opportunities. We launched Schlumberger New Energy this year to explore new businesses in low-carbon or carbon-neutral energy technologies. Our approach is to apply our domain expertise in areas adjacent to our existing activities and use our global footprint and execution platform to deliver at scale.
We are using partnership models and our experience in technology industrialization to expand into energy verticals beyond oil and gas. Our diverse New Energy portfolio includes ventures in geothermal and carbon capture and sequestration (CCS)—where we bring decades of project experience to a growing market—and geoenergy, clean hydrogen, and lithium, where we work on breakthrough technologies for new markets.
As examples, this year we made significant progress in the following ventures:
Celsius Energy combines in-house technology, proprietary design optimization, and modern digital control systems to offer a fit-for-purpose solution for heating and cooling buildings. Our solution can reduce the associated CO2 emissions from buildings by as much as 90%. Celsius completed its first project, heating 3,000-square-meters of facilities on the Schlumberger Clamart campus with clean geothermal power.
Through a proprietary small-footprint network of shallow wells, combined with a heat exchange system, the Celsius solution heats and cools buildings.
Genvia is a clean hydrogen production technology venture with the French Alternative Energies and Atomic Energy Commission (CEA) and partners. In a unique private-public partnership model, Genvia combines the expertise and experience of Schlumberger with CEA and partners. The new venture will accelerate the development and the first industrial deployment of the CEA high-temperature reversible solid-oxide electrolyzer technology. The aim of the venture is to deliver the most efficient and cost-effective technology for producing clean hydrogen, a versatile energy carrier and key component of the energy transition.
Genvia technology design aims to reach a 30% higher electricity conversion efficiency per kilogram of hydrogen produced.
We launched GeoFrame Energy with Thermal Energy Partners (TEP). This venture combines Schlumberger subsurface and drilling expertise with TEP’s experience in project development and risk mitigation to develop geothermal power projects. The company’s first project is the 10-MW Nevis Geothermal Power Project, which will enable the island of Nevis to transition to zero-emission renewable energy. GeoFrame Energy has additional opportunities to expand production in the Eastern Caribbean and in North and South America.
The launch of New Energy opens an exciting chapter for the company, a chapter with diversified growth in new market verticals, building on the Schlumberger intellectual capital and unique international franchise.
In the Caribbean, the Federation of Saint Kitts and Nevis is committed to reduce the cost of electricity to its citizens. GeoFrame Energy, in partnership with the Nevis Island Administration, is accompanying the state every step of the way.
We entered 2020 with a well-defined strategy that proved resilient as the pandemic unfolded, leading to the acceleration of our strategy execution—and the reinvention of Schlumberger. Our people delivered exceptional performance, enabled by our technology and new, agile organization, creating a sustainable platform to capitalize on growth drivers in the new energy landscape.
