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 32,800,000,000 kg CO2e for Scope 1, 800,000,000 kg CO2e for Scope 2, and a significant 322,000,000,000 kg CO2e for Scope 3 emissions. This data highlights BP's substantial carbon footprint, particularly in Scope 3, which encompasses emissions from the use of sold products. BP has set ambitious climate commitments, aiming for net zero emissions across its entire operations by 2050 or sooner. Specifically, the company targets a 50% reduction in its Scope 1 and 2 emissions by 2030, compared to a 2019 baseline of approximately 54,400,000,000 kg CO2e. Additionally, BP aims for a 10-15% reduction in Scope 3 emissions by 2025 and 20-30% by 2030 against the same baseline. The company has made progress towards these goals, with interim targets established for 2025, including a 20% reduction in Scope 1 and 2 emissions. BP's commitment to sustainability is further underscored by its participation in initiatives such as the Carbon Disclosure Project (CDP) and the Climate Action 100+ initiative, which aim to enhance corporate accountability in climate action. Overall, BP's emissions data and climate commitments reflect a proactive approach to addressing climate change, aligning with global efforts to reduce greenhouse gas emissions and transition to a more sustainable energy future.
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.