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BP plc, commonly known as BP, is a leading player in the crude petroleum extraction industry, headquartered in London, GB. Founded in 1909, the company has evolved significantly, marking key milestones such as its transition towards renewable energy solutions while maintaining a strong presence in oil and gas exploration and production.
With major operational regions spanning the North Sea, the Gulf of Mexico, and various international markets, BP focuses on extracting and refining crude oil, natural gas, and renewable energy sources. Its commitment to innovation and sustainability sets BP apart, as it aims to balance energy needs with environmental responsibility. Recognised for its extensive global reach and operational expertise, BP continues to solidify its position as a key contributor to the energy sector, driving advancements in both traditional and alternative energy solutions.
+31 vs industry average
Bp’s score of 45 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Crude Petroleum Extraction is among the most carbon-intensive industries
The Crude Petroleum Extraction industry has reduced its overall emissions by 16% since 2018
Scope 3 accounts for ••• of total emissions.
Bp, a UK-headquartered company in the Crude Petroleum Extraction industry, reported its Scope 1 emissions as 33.7 billion kg CO2e and Scope 2 (market-based) emissions as 700 million kg CO2e for 2025. This follows 2024 figures of 32.8 billion kg CO2e for Scope 1 and 800 million kg CO2e for Scope 2 (market-based). In 2023, Scope 1 emissions were approximately 31.1 billion kg CO2e and Scope 2 (market-based) were around 1 billion kg CO2e. There is no Scope 3 emissions data available for these years.
Bp is committed to achieving net-zero across its entire operations (Scope 1 and 2) by 2050 or sooner. As part of this commitment, Bp aims for a 20% reduction in its Scope 1 and 2 operational emissions by the end of 2025, and a 50% reduction by 2030, both against a 2019 baseline. Furthermore, Bp is targeting a 10-15% reduction in Scope 3 total emissions by 2025 and 20-30% by 2030, also against a 2019 baseline. Bp is also aiming for zero routine flaring by 2030 and to achieve net-zero Scope 1 and 2 emissions by 2025. Bp's climate commitments and emissions data are directly reported by BP p.l.c.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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