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 GHG Emissions Data Preview

In 2024, BP completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, BP has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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0000000
Total Scope 3
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind BP’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore BP’s data sources below and access millions more through our Disclosure Search.

a. BP's ESG Data Spreadsheet 2024
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b. BP's ESG Data Spreadsheet 2023
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c. BP's ESG Data Spreadsheet 2022
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Insights into BP's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of BP amounted to 33,600,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of BP increased by 4.67%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

BP's Scope 1 Emissions Over Time

2018201920202021202220232024015 M30 M45 M60 MtCO2e+1%-15%-20%-8%+2%+5%
  • Total Scope 1
  • Year-over-Year Change

What are BP's Scope 1 emissions?

In 2024, the total Scope 1 emissions of BP were 32,800,000 metric tons of CO₂ equivalent (tCO₂e). a

Has BP reduced its Scope 1 emissions over time?

Since 2018, BP's Scope 1 emissions have decreased by 32.79%, reflecting a declining long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), BP's Scope 1 emissions increased by 5.47%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are BP's Scope 2 emissions?

In 2024, BP reported Scope 2 greenhouse gas (GHG) emissions of 800,000 tCO₂e using the market-based method. a

Has BP reduced its Scope 2 emissions over time?

Compared to the previous year (2023), BP's Scope 2 emissions (Market-Based) fell by 20% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does BP use for Scope 2 reporting?

In 2024, BP reported its Scope 2 emissions using the market-based method. a

BP's Scope 2 Emissions Over Time

201820192020202120222023202401.5 M3 M4.5 M6 MtCO2e
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into BP’s GHG Emissions Intensity Compared to Industry Peers

In 2024, BP reported Scope 1 greenhouse gas (GHG) emissions of 32,800,000 tCO₂e and total revenues of USD 139,575 millions. This translates into an emissions intensity of 235 tCO₂e per millions USD. a

BP's Scope 1 Emissions Intensity Compared to Peers

100,0001,000,00010,000,000100,000,0001,000,000,000Scope 1 Emissions (tCO2e)2002,00020,000200,0002,000,000Revenues (Millions of USD)CHELLENiQ ENERGY HoldingsYear: 2023Scope 1: 3,825,000 tCO2eRevenue: $M 14,171Scope 1 Intensity: 269.92 tCO2e/$MEniYear: 2024Scope 1: 31,100,000 tCO2eRevenue: $M 92,403Scope 1 Intensity: 336.57 tCO2e/$MNK LukoilYear: 2022Scope 1: 41,202,000 tCO2eRevenue: $M 41,116Scope 1 Intensity: 1,002.08 tCO2e/$MTotalEnergiesYear: 2024Scope 1: 33,000,000 tCO2eRevenue: $M 167,129Scope 1 Intensity: 197.45 tCO2e/$MSuncor EnergyYear: 2022Scope 1: 33,520,000 tCO2eRevenue: $M 46,479Scope 1 Intensity: 721.19 tCO2e/$MPTTYear: 2023Scope 1: 40,730,000 tCO2eRevenue: $M 91,332Scope 1 Intensity: 445.96 tCO2e/$MTatneft' Imeni V.D. ShashinaYear: 2021Scope 1: 7,720,000 tCO2eRevenue: $M 16,866Scope 1 Intensity: 457.72 tCO2e/$MGazpromYear: 2022Scope 1: 213,530,000 tCO2eRevenue: $M 167,009Scope 1 Intensity: 1,278.55 tCO2e/$MNational Fuel GasYear: 2023Scope 1: 1,590,047 tCO2eRevenue: $M 2,174Scope 1 Intensity: 731.47 tCO2e/$MGalp EnergiaYear: 2023Scope 1: 2,991,742 tCO2eRevenue: $M 22,986Scope 1 Intensity: 130.15 tCO2e/$MChevronYear: 2024Scope 1: 53,000,000 tCO2eRevenue: $M 193,414Scope 1 Intensity: 274.02 tCO2e/$MNeftyanaya Kompaniya RosneftYear: 2021Scope 1: 54,200,000 tCO2eRevenue: $M 109,431Scope 1 Intensity: 495.29 tCO2e/$MPetrobrasYear: 2023Scope 1: 45,800,000 tCO2eRevenue: $M 102,409Scope 1 Intensity: 447.23 tCO2e/$MPetroChinaYear: 2023Scope 1: 124,660,000 tCO2eRevenue: $M 423,668Scope 1 Intensity: 294.24 tCO2e/$MEdisonYear: 2023Scope 1: 6,309,652 tCO2eRevenue: $M 20,405Scope 1 Intensity: 309.22 tCO2e/$MCCCosmo Energy HoldingsYear: 2023Scope 1: 6,886,000 tCO2eRevenue: $M 20,960Scope 1 Intensity: 328.53 tCO2e/$MEquinorYear: 2023Scope 1: 11,500,000 tCO2eRevenue: $M 106,848Scope 1 Intensity: 107.63 tCO2e/$MImperial OilYear: 2022Scope 1: 23,200,000 tCO2eRevenue: $M 42,287Scope 1 Intensity: 548.63 tCO2e/$MOil IndiaYear: 2024Scope 1: 1,422,793 tCO2eRevenue: $M 3,893Scope 1 Intensity: 365.46 tCO2e/$MPetronas GasYear: 2023Scope 1: 5,859,402 tCO2eRevenue: $M 1,403Scope 1 Intensity: 4,177.22 tCO2e/$MBPYear: 2024Scope 1: 32,800,000 tCO2eRevenue: $M 139,575Scope 1 Intensity: 235.00 tCO2e/$M

How does BP's GHG emissions intensity compare to its peers?

In 2024, BP reported a Scope 1 emissions intensity of 235 tCO₂e per millions USD. Compared to the peer group median of 405.71, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does BP rank on GHG emissions intensity within its industry?

In 2024, BP ranked 4 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places BP among the top performers, with one of the lowest emissions intensities relative to peers. a

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