Baker Hughes is named to Newsweek’s Green Rankings list
HOUSTON -- Baker Hughes Incorporated reported that it has achieved the highest rating for any public company in the energy sector in Newsweek’s 2014 Green Rankings, placing eleventh among the 500 largest U.S. companies and twentieth among the 500 largest global companies.
Newsweek’s Green Rankings rates companies on a variety of corporate sustainability and environmental impact factors such as energy, carbon, water and waste, company reputation, and board-level oversight. Baker Hughes achieved the high rankings because of the environmental initiatives implemented across the company.
“We are honored once again to be recognized by Newsweek,” said Dina Kuykendall, Director, Environmental Affairs. “Environmental stewardship and social responsibility are a part of our culture, and we are committed to the ongoing expansion of environmental and sustainable practices across our operations, from our facilities to our field activities, and during the development of new products and services.”
Baker Hughes has commercialized technologies in hydraulic fracturing operations that enable operators to replace diesel fuel with cleaner-burning natural gas, reuse produced water instead of fresh water, and use environmentally responsible chemical products. In addition, the company has adopted sustainable building standards for its new and renovated facilities, and it consistently strives to reduce its overall environmental footprint through energy efficiency, water conservation, and recycling efforts.