Lightsource Bp

Lightsource Bp's reported carbon emissions

Lightsource BP, a solar photovoltaic electricity provider based in the UK, has set ambitious climate targets. The company is committed to reducing its absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as its base year. This target aligns with the 1.5°C pathway as verified by the Science Based Targets initiative (SBTi). Furthermore, Lightsource BP has committed to reducing its Scope 3 emissions by 52% per MW of generation capacity constructed within the same timeframe. For the reporting year 2024, Lightsource BP reported total emissions of approximately 1.36 billion kg CO2e. This figure is comprised of approximately 652,000 kg CO2e for Scope 1, approximately 3.35 million kg CO2e for Scope 2 (market-based), and approximately 1.35 billion kg CO2e for Scope 3. In 2023, total emissions were approximately 55.5 million kg CO2e, with Scope 1 emissions at approximately 683,000 kg CO2e, Scope 2 market-based emissions at approximately 4.01 million kg CO2e, and Scope 3 emissions at approximately 50.75 million kg CO2e. Lightsource BP's emission reduction efforts are detailed in their sustainability reports. The company is currently on track for its near-term targets, with the latest reported data indicating progress towards their long-term goals. Notably, Lightsource BP is a joint venture of BP p.l.c. and its SBTi targets are cascaded from its ultimate parent through a corporate family relationship.