Bp

BP, a UK-headquartered company in Crude Petroleum Extraction, reported Scope 1 emissions of approximately 33.7 billion kg CO2e and Scope 2 emissions of approximately 0.7 billion kg CO2e (market-based) for 2025. This follows 2024, with Scope 1 emissions at approximately 32.8 billion kg CO2e and Scope 2 emissions at approximately 0.8 billion kg CO2e (market-based). In 2023, Scope 1 emissions were approximately 31.1 billion kg CO2e and Scope 2 emissions were approximately 1.0 billion kg CO2e (market-based). BP has not reported Scope 3 emissions data.

BP is committed to achieving net-zero across its entire operations (Scope 1 and 2 emissions) by 2050 or sooner. They are targeting a 20% reduction in Scope 1 and 2 operational emissions by 2025 and aim for a 50% reduction by 2030, both against a 2019 baseline. Furthermore, BP aims for a 10-15% reduction in Scope 3 emissions by 2025 and a 20-30% reduction by 2030, also against a 2019 baseline. The company also aims to maintain 'near-zero' methane intensity across its operated producing assets.