BP PLC

Common Name
BP
Country
United Kingdom
Sector
Energy
Industry
Oil & Gas Integrated
Employees
100,500
Ticker
BP.
Exchange
LONDON STOCK EXCHANGE
Website
www.bp.com
Description
BP p.l.c., an integrated energy company, provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It...

BP's Climate Target Data Preview

As of 2024, BP has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 3 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into BP ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Electricity, Scope 2 - Heat, Scope 2 - Cooling
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Electricity, Scope 2 - Heat, Scope 2 - Cooling
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Sold
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2025
Intensity-based Target
Scope 1 - Total
Metric Tonnes of CH4 (mtCH4) per Metric Tonne (mt) of Natural Gas Produced
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2025
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Sold
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2030

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into BP's Greenhouse Gas Emissions Pathways

As of 2024, BP has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does BP have a target to reduce the emissions from its operations?

As of 2024, BP has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

BP's most ambitious operational target is to reduce these emissions by 45% by 2030, compared to a baseline of 54,500,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2024, BP is ahead of schedule on its operational emissions reduction target, having achieved 84.44% of the planned reduction.

BP's Operational (Scope 1+2) Emissions Pathway

2019202420252030015 M30 M45 M60 MBaselineCurrent (-38%)Target 2025 (-20%)

Does BP have a target to reduce its total carbon footprint?

As of 2024, BP has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

BP's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Joule (J) of Energy Sold in 2019, by 8% by 2030.

As of 2024, BP is on track to meet its total carbon footprint reduction target, having achieved 75% of the planned reduction.

BP's Carbon Footprint (Scope 1+2+3) Emissions Pathway

201920242025203000000Current (-6%)
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