Schlumberger’s Stewardship Tool 79

Schlumberger Global Stewardship

A long-standing culture of social and environmental stewardship worldwide

The Schlumberger Global Stewardship journey is continuing to gain momentum as the company works with customers, investors, NGOs and other relevant organizations to achieve its environmental, social, and governance (ESG) objectives.

The most recent Schlumberger Global Stewardship Report outlines the company’s approach to ESG that is rooted in a long-standing culture of social and environmental stewardship worldwide. As a business and a community of individuals, Schlumberger focuses on areas where its organizational strengths, technological expertise, and cultural values can have the greatest impact.

The report describes Schlumberger Global Stewardship initiatives such as:

Technological expertise

The company has developed software technology that incorporates sustainability into its engineering and operational practices by modeling efficiency gains at the wellsite that yield a lower environmental footprint. By modeling its environmental footprint relative to metrics such as emissions, air quality, water use, noise, and chemical exposure, the unique web-based software is used to evaluate potential projects related to well stimulation. This software, known as the Stewardship Tool, has played an important role in the development of many next-generation technologies, such as the BroadBand unconventional reservoir completion services and the Automated Stimulation Delivery Platform.

Sustainable development

In 2017, Schlumberger became the first associate member of IPECA, the global oil and gas industry association for environmental and social issues. Schlumberger participated in IPIECA’s development of Mapping the Oil and Gas Industry to the Sustainable Development Goals: an Atlas, a publication describing the implications of the United Nations Sustainable Development Goals (SDGs) for the oil and gas industry and how IPIECA members may provide support in achieving these goals.

Community outreach

Schlumberger has a long-standing commitment to science and engineering as well as health and safety. This forms the basis of the company’s community outreach initiatives which includes programs that support science, technology, engineering and mathematics (STEM) education as well as health, safety and environment (HSE) workshops for youth—both local and global—many of which are supported by employee volunteers.

To learn more about these and other best practices, download the latest edition of the Schlumberger Global Stewardship report here.

Published Date: 09/14/2018

Source: www.slb.com

 

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