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 Type | Scope of Target | Unit | Target | Target Year |
---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Electricity, Scope 2 - Heat, Scope 2 - Cooling | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Electricity, Scope 2 - Heat, Scope 2 - Cooling | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 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 | Copy restricted. Please purchase to unlock this data. | 2025 |
Intensity-based Target | Scope 1 - Total | Metric Tonnes of CH4 (mtCH4) per Metric Tonne (mt) of Natural Gas Produced | Copy restricted. Please purchase to unlock this data. | 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 | Copy restricted. Please purchase to unlock this data. | 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.
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.
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.
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.