Sustainability

In 2019, we announced our commitment to achieve net-zero CO2 equivalent (eq.) emissions by 2050 and reduce our Scope 1 and 2  CO2 equivalent (eq.) emissions by 50 percent by 2030.

Here’s the full announcement.

We reduced our scopes 1 and 2 greenhouse gas (GHG) absolute emissions by 36.9%, reduced GHG intensity by 45.8%, and lowered facility emissions by 49% since our baseline 2019 - all while sustaining profitable growth in 2025. For more, see our 2025 Corporate Sustainability Report.

Our net-zero operational emissions reduction goal is science-based and aligns to the Paris Agreement and the Intergovernmental Panel on Climate Change’s (IPCC) recommendations. We calculate and report GHG emissions in accordance with the WRI & WBCSD Greenhouse Gas Protocol.

Life cycle assessments (LCAs) help us model emissions across all product stages, giving customers a clear view of embedded and operational emissions over a product's lifetime. The results are repeatable, auditable, and verifiable through internal and third-party reviews.

For avoided and removed emissions, we use comparative LCAs to highlight differences between scenarios. This also helps our customers also transparent, ISO-aligned emissions data for our products.  

LCAs also enable early review of materials and processes during design, supporting the development of lower-emission options.

FastLCA, our proprietary carbon footprint tool, is independently reviewed by DNV. Their review was based on a representative sample as conforming to ISO 14040 and ISO 14067 requirements in relation to CO2 emissions across the full life cycle of our products and services—from cradle to grave.

In 2025, we completed a record 856 LCAs, an increase of 52.9% over the prior year.

Many companies struggle with climate goals due to complex regulations and limited expertise in energy investments. GaffneyCline Sustainability Advisory Services helps clients reach sustainability targets efficiently, offering emissions inventories (scopes 1-3), climate risk analysis, life cycle assessments, water management, decarbonization strategies, and technology and investment evaluations. We ensure prompt, measurable results at each stage of the sustainability process – drawing from our own experience. You can learn more here.

We help customers with commercial decarbonization solutions and strategic sustainability advisory services to achieve their emissions reduction goals. Using our proprietary lifecycle assessment tool, we deliver detailed, transparent, ISO-aligned emissions data so clients can meet procurement needs, respond to sustainability tenders, and make informed choices for lower carbon impact. You can learn more here.

Yes. Our responsible sourcing program (RSP) works with a wide range of qualified small businesses to strengthen regional networks and lower risk. Partnering locally supports economic growth, aligns with stakeholder expectations, and improves access to skills, innovation, and technology for reliable products and services in energy and industrial markets. In 2025, we expanded our Tier 1 qualified suppliers to over 1,500 globally and increased Tier 1 small business spend to $885.3 million, a 49.5% year-over-year rise. 

In addition, our Supplier Social Responsibility Program (SSRP) monitors our supply chain to prevent and address concerns promptly, fostering integrity and accountability. Governments are introducing legislation requiring companies to manage their supply chain's impact on human rights, the environment, and governance, supporting responsible business practices and the United Nations Sustainable Development Goals (SDGs). SSRP sets standards and checks compliance for HSE, human rights, fair treatment, and security. The program aims to prevent, detect, and respond to violations of laws or policies.

Learn more about our responsible sourcing program and SSRP from our 2025 Corporate Sustainability Report.

Yes, we participate in several ESG Ratings processes and have achieved several awards for our progress. 

Below are few recent ratings and awards:

• ESG Ratings: We are ranked AA by MSCI that measures a company’s resilience to long-term, financially relevant ESG risks. Similarly, we are ranked 23.6 by Sustainalytics, 62 by S&P Global CSA  , 66 by Ecovadis and 86 (B) by LSEG ​ESG. ISS rated us a 2 in Governance, 2 in Environment and a 1 in Social – all key indicators of our strong sustainability performance vetted by external rating agencies
• Additionally, we have been recognized for our sustainability progress, including:
  • Ecovadis Bronze Medal by Ecovadis 
  • Best Sustainability Reporting by Governance Intelligence in 2025
  • The National Ocean Industries Association ESG Award 2025
  • Newsweek America’s Greatest Workplaces for Inclusion and Diversity 2025,
  • The European Global Champions of Industrial & Energy Efficiency, The European Top Innovator in Oilfield Services & Energy Technology Solutions, and The European Excellence in Energy Innovation & Sustainability
  • ALLY Energy and People’s Choice for Best Energy Resource Group and ALLY Energy GRIT awards for Best Energy Workplace.

You can learn about our corporate awards and recognition here.