BP plc, commonly known as BP, is a leading global energy company headquartered in London, GB. Founded in 1909, BP has evolved from its origins in oil exploration to become a key player in the energy sector, focusing on oil, gas, and renewable energy solutions. The company operates in major regions including North America, Europe, and Asia, with a commitment to sustainability and innovation. BP's core offerings encompass upstream oil and gas exploration, refining, and distribution, alongside a growing portfolio in renewable energy, particularly wind and solar power. This diversification positions BP as a forward-thinking leader in the transition to a low-carbon future. Notable achievements include significant investments in clean energy technologies and a strong market presence, making BP a pivotal force in shaping the global energy landscape.
How does Bp's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Bp's score of 62 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, BP reported carbon emissions of approximately 31,100,000,000 kg CO2e for Scope 1, 1,000,000,000 kg CO2e for Scope 2, and 314,900,000,000 kg CO2e for Scope 3. This reflects BP's ongoing commitment to reducing its carbon footprint across all scopes of emissions. BP has set ambitious reduction targets, aiming for a 20% reduction in operational emissions by the end of 2025, with a further goal of achieving a 45-50% reduction by 2030, using 2019 as the baseline year. Specifically, they are targeting a 50% reduction in Scope 1 and Scope 2 emissions by 2030. Additionally, BP aspires to become a net-zero company by 2050 or sooner, contributing to global efforts to combat climate change. These commitments align with industry standards and reflect BP's strategy to transition towards more sustainable energy solutions while addressing the challenges of climate change.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 50,500,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Scope 2 | 6,100,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
Scope 3 | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Bp is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.