Bp
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Bp's score of 61 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bp's reported carbon emissions
In 2024, BP reported total greenhouse gas emissions of approximately 32800000000 kg CO2e for Scope 1, 800000000 kg CO2e for Scope 2, and a significant 322000000000 kg CO2e for Scope 3 emissions. This highlights the company'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 Scope 1 and Scope 2 emissions by 2030, compared to a 2019 baseline. Additionally, BP aims for a 20-30% reduction in Scope 3 emissions by 2030, also against the 2019 baseline. In the near term, BP is focused on achieving a 20% reduction in operational emissions (Scope 1 and 2) by the end of 2025. The company has made significant strides, with a previous target of a 30-35% reduction now updated to a more ambitious 50% reduction by 2030. Overall, BP's climate strategy reflects a commitment to reducing its carbon emissions while transitioning towards a more sustainable energy future.
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| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
