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 59 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, BP reported total greenhouse gas emissions of approximately 32800000000 kg CO2e for Scope 1, 800000000 kg CO2e for Scope 2, and a significant 322000000000 kg CO2e for Scope 3 emissions. This reflects BP's ongoing commitment to addressing climate change and reducing its carbon footprint across its operations. BP has set ambitious targets to achieve net zero emissions across its entire operations by 2050 or sooner. Specifically, the company aims for a 50% reduction in its Scope 1 and 2 emissions by 2030, compared to a 2019 baseline, with an interim target of a 20% reduction by the end of 2025. For Scope 3 emissions, BP is targeting a reduction of 10-15% by 2025 and 20-30% by 2030 against the same baseline. In 2023, BP's Scope 1 emissions were reported at approximately 31100000000 kg CO2e, while Scope 2 emissions were around 2000000000 kg CO2e, indicating a proactive approach to managing direct and indirect emissions. The company has also committed to reducing its Scope 1 emissions to net zero by 2025 and Scope 2 emissions to net zero by the same year. BP's climate commitments are supported by its participation in initiatives such as the Carbon Disclosure Project (CDP) and the Climate Action 100+ initiative, reinforcing its dedication to transparency and accountability in its sustainability efforts.
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 |
Scope 3 | - | - | - | - | - | 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.