Oilfield services provider Halliburton said on 19 November that it would set greenhouse-gas emission reduction targets in line with what the latest climate science outlines is necessary to meet the goals of the Paris Accord.
The announcement comes as the global energy industry faces intense pressure from investors worried about the climate impact of fossil fuels.
Halliburton joins more than 1,000 global companies who have committed to set emissions reduction targets grounded in climate science through the Science Based Targets initiative (SBTi).
The SBTi is a collaboration of CDP, the United Nations Global Compact, World Resources Institute, and the World Wide Fund for Nature.
Halliburton will submit targets in 2021 with pending validation from the SBTi by 2022, the company said.