Bp

BP p.l.c. (BP), headquartered in the UK and operating in the Crude Petroleum Extraction industry, has set ambitious climate commitments, aiming for net zero across its entire operations by 2050 or sooner.

In 2025, BP reported Scope 1 emissions of approximately 33.7 billion kg CO2e and Scope 2 emissions (market-based) of around 700 million kg CO2e. For 2024, Scope 1 emissions were approximately 32.8 billion kg CO2e, and Scope 2 emissions (market-based) were around 800 million kg CO2e. In 2023, the company's Scope 1 emissions were approximately 31.1 billion kg CO2e, with Scope 2 emissions (market-based) at about 1 billion kg CO2e.

BP has set several near-term absolute reduction targets against a 2019 baseline:

• Scope 1 and 2 Emissions: BP aims for a 20% reduction by 2025 and a 50% reduction by 2030. In 2023, the company reported a 41% decrease in combined Scope 1 and 2 emissions from its 2019 baseline of 54.5 billion kg CO2e, including 17.9 billion kg CO2e attributable to divestments and 5.0 billion kg CO2e in sustainable emission reductions (SERs).
• Scope 3 Emissions: BP is targeting a 10-15% reduction by 2025 and a 20-30% reduction by 2030.

BP is also committed to achieving "near-zero" methane intensity across its operated producing assets by 2025 and maintaining this thereafter.

All emissions data and reduction initiatives are reported directly by BP p.l.c., with no cascading from a parent organisation.