Carbon removal

SLB Capturi

58Mixed / Improving

Lysaker, NorwayFounded 20240 followers

capturi.slb.com

Joint venture between SLB and Aker Carbon Capture (now fully SLB-owned) commercialising modular amine-based carbon capture systems — Just Catch and Big Catch — for industrial emitters globally.

Green Score

58/100
Mixed / Improving
Greenwashing risk
medium
Data confidence
medium
Method
how it is calculated
Climate Impact & Solution35%78

Does the core business genuinely avoid or reduce emissions, or build climate resilience? Share of revenue that is actually 'green'. Fossil-dependent models score low.

SLB Capturi's core business directly removes industrial CO₂ at scale — operational plants at Twence (100,000 tCO₂/yr), the world's first industrial-scale cement CCS at Brevik (400,000 tCO₂/yr), and five Just Catch systems for Ørsted in Denmark (500,000 tCO₂/yr design capacity) represent genuine, measurable mitigation with permanent geological storage — but energy penalty from amine regeneration and some utilization-only end-uses (e.g., horticulture CO₂ sales) are not permanent removal.

Decarbonization & Targets20%38

Credible, science-based targets (SBTi), a real net-zero plan with progress to date, and CDP disclosure — not just a dated press release.

SLB Capturi has no publicly disclosed standalone science-based targets, SBTi validation, or independent CDP filing; climate commitments (SLB's 2050 net-zero with 2030 interim milestones and CDP A- rating) belong to the parent SLB entity and are not disaggregated for the subsidiary, and no SLB Capturi-specific net-zero plan or progress report was found.

ESG & Operations15%52

Operational footprint, labour and social practices, and governance quality across the company's own operations and supply chain.

As a relatively new subsidiary (formed mid-2024), SLB Capturi lacks its own ESG report; operational environmental concerns include amine solvent degradation by-products (nitrosamines, nitramines) inherent to amine-based CCS, though the company claims proprietary solvent management and Anti-Mist systems; parent SLB's broader governance and labour standards apply but are not specific to Capturi's workforce.

Transparency & Verification15%40

Quality of disclosure, independent third-party verification, and how much hard data backs the company's claims.

Project-level capacity figures are disclosed and independently verifiable through third-party operators (Heidelberg Materials, Ørsted, Twence), and parent SLB discloses via SASB, TCFD, GRI, and CDP; however, SLB Capturi itself publishes no standalone sustainability or impact report, no verified lifecycle emissions data for its capture plants' own footprint, and no independent audit of net CO₂ removal claims at the system level.

Integrity15%62

Controversies, litigation, pollution, fossil-fuel lobbying, conflict-zone involvement and governance scandals. Higher means cleaner.

No material controversies, litigation, or governance scandals were found specifically for SLB Capturi; the primary integrity overhang is that its 80% parent, SLB (formerly Schlumberger), is the world's largest oilfield services company whose core revenues derive from enabling fossil fuel extraction, creating a structural tension with SLB Capturi's decarbonization mission and raising questions about whether CCS is used to justify continued fossil fuel development.

Why it's on ClimateTicker

SLB Capturi is a purpose-built industrial carbon capture company deploying proven amine-based CCS technology (Just Catch™ and Big Catch™) at hard-to-abate facilities including the world's first commercial cement CCS plant at Brevik, Norway — making it a credible mitigation enabler. The company's climate impact is real and measurable, with multiple operational and near-operational plants targeting millions of tonnes of CO₂ per year, though it is 80%-owned by SLB, the world's largest oilfield services company, which remains primarily an oil and gas business. Investors should credit the genuine decarbonization function of SLB Capturi's core technology while noting that its parent's broader fossil fuel franchise creates reputational and integrity complexity, and that SLB Capturi itself publishes no standalone sustainability disclosures or independent climate targets.

mitigationSLB Capturi sells and installs modular carbon capture plants (Just Catch™ turnkey equipment and Big Catch™ large-scale process design packages) to industrial emitters — primarily cement, waste-to-energy, and bioenergy — generating revenue via engineering, procurement, and construction (EPC) contracts and ongoing technology licensing or servicing agreements.

Commitments & Certifications

Controversy & Greenwashing Watch

lowNo standalone sustainability disclosure for SLB Capturi

SLB Capturi, formed in mid-2024, has published no independent sustainability report, lifecycle assessment, or verified net CO₂ removal accounting — all ESG disclosures are consolidated under the parent SLB, making subsidiary-level claims unverifiable.capturi.slb.com

mediumJust Catch Offshore™ targets offshore oil and gas platforms

SLB Capturi's offshore product line (Just Catch Offshore™) is explicitly designed for FPSOs and offshore platforms, meaning a portion of the business directly serves oil and gas operators and could extend the economic life of fossil fuel assets.carboncapture-expo.com

mediumParent SLB is a major oilfield services provider

SLB (80% owner) is the world's largest oilfield services company by revenue, providing drilling, reservoir, and production technology to fossil fuel producers globally — creating a structural conflict with SLB Capturi's decarbonization mission and raising concerns that CCS may be used to justify continued oil and gas investment.energydigital.com

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