Environmental Impact
To meet the requirements of its United Nations Global Compact membership, Core Lab conducts business in a manner consistent with applicable environmental regulations. In areas where environmental regulations do not exist, Core Lab exercises practical care to protect employees, surrounding communities, and preserve the environment.
Environmental PolicyEnvironmental Footprint
Core Lab is focused on reducing its environmental footprint while increasing the Company’s performance and improving its sustainability. Dedication to these efforts helps Core Lab reduce waste and the consumption of non-renewable resources while lowering the cost of operations.
Core Lab Locations
Core Lab diligently assesses impacts on the environment and community to ensure its buildings and the surrounding land are maintained and any potential environmental conditions are remediated as required.
Biodiversity – Natural Lands
Core Lab’s biodiversity protection efforts are focused on ensuring compliance with Good International Industry Practice (GIIP), as well as local laws and regulations.
CDP Disclosure
Core Lab discloses its environmental impact through CDP, a global non-profit that runs the world’s leading environmental disclosure platform.
GHG Emissions
Core Lab engaged S&P Global Sustainable1, a sustainability data company, to assess the Company’s operational and value chain greenhouse gas emissions in line with the World Resource Institute (WRI) / World Business Council for Sustainable Development Corporate Standard (Scope 1 and 2) and Corporate Value Chain (Scope 3) Guidelines (GHG Protocol).
Engaging S&P Global Sustainable1
- Improved Core’s operational Scope 1 and 2 GHG emission quantification methodology by integrating primary data.
- Quantified the Company’s Scope 3 GHG emissions according to the fifteen Scope 3 categories outlined in the GHG Protocol Corporate Value Chain Guidelines.
- Conducted carbon pricing and focused analysis of the Company’s operational footprint and value chain impacts.
- Helped Core Lab set science-based targets for its Scope 1, 2, and 3 emissions.
Core Lab’s GHG emissions data have been collected for all its locations by country, business activity, and location, enabling a more comprehensive analysis of the Company’s operational footprint and value chain impacts. This also provides the data needed to create climate targets and goals that could be submitted to the SBTi for validation.