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 54 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 global carbon emissions of approximately 314,900,000,000 kg CO2e, with Scope 1 emissions at about 31,100,000,000 kg CO2e and Scope 2 emissions at around 1,000,000,000 kg CO2e. The company has set ambitious climate commitments, targeting a 20% reduction in operational emissions by the end of 2025 and a 45-50% reduction by 2030, using 2019 as the baseline. BP aims to achieve net zero emissions by 2050 or sooner, reflecting its commitment to addressing climate change and supporting global net zero goals. These targets encompass all scopes of emissions, including Scope 1 and 2, which are critical for operational accountability.
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 | - |
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 not committed to any reduction initiatives 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.