The release of greenhouse gases from the generation and use of energy has been implicated in causing the negative effects of climate change on the planet. As a large, global corporation that uses substantial energy for its operations in the form of electricity, natural gas, propane, off-road diesel and fuel for transportation, Baker Hughes has committed to reduce our energy usage.

This paper details the efforts made by the enterprise to reduce the use of these resources, and to measure the success of our initiatives using a globally-accessible database called "GreenLink". Energy reduction initiatives include the enterprise-wide communication of our reduction goal, the use of energy audits to identify reduction opportunities, and the development and implementation of green building standards applied to new and existing facilities. Our Information Technology (IT) group has also made significant reductions in energy use throughout our facilities and in our data centers by the introduction of energy efficient equipment and energy-saving management practices.

In addition to the environmental benefits, energy conservation has an economic benefit, contributing to a healthy bottom line by reducing operating costs. In 2010, the overall energy cost savings for Baker Hughes, when normalized to revenue, was about $3 million for the facilities reporting in GreenLink. In addition to this cost saving, Baker Hughes has achieved a number of accolades for our energy reduction programs. In 2010, Baker Hughes led in the Energy sector of the Maplecroft Climate Innovation Index investor rankings. Also, in 2011, Baker Hughes was the highest-ranked oilfield service company in the Energy sector of the Carbon Disclosure Project (CDP) which evaluates U.S. companies listed on the S&P 500 on their actions taken to reduce global emissions.

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