Amid an onslaught of net-zero commitments across multiple sectors, Schlumberger Ltd. laid out a decarbonization plan on June 22 that its CEO says puts the company—the world’s largest oilfield service provider—ahead of the competition.

“Our net-zero target is inclusive of total Scope 3 emissions; this is a first in the energy services industry,” commented Schlumberger CEO Olivier Le Peuch in a release from the Houston-based company on June 22.

In the release, Schlumberger made a commitment to achieve net-zero greenhouse-gas (GHG) emissions by 2050 across the entire oil and gas value chain. The commitment also included a comprehensive near-term emission reduction roadmap on how the company plans to achieve its 2050 net-zero carbon emissions ambition with interim targets focused on reducing Scope 1, 2 and 3 emissions with minimal reliance on offsets.

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