Lightsource Bp
Lightsource BP, a leading global solar energy company, is headquartered in Great Britain and operates extensively across Europe, North America, and Australia. Founded in 2010, the company has rapidly established itself in the renewable energy sector, focusing on the development, financing, and operation of solar power projects. With a commitment to sustainability, Lightsource BP offers innovative solar solutions that cater to both utility-scale and commercial clients. Their unique approach combines advanced technology with strategic partnerships, enabling them to deliver efficient and cost-effective solar energy solutions. Recognised for their significant contributions to the solar industry, Lightsource BP has achieved notable milestones, including the successful deployment of numerous large-scale solar farms. As a key player in the transition to clean energy, the company continues to enhance its market position through ongoing innovation and expansion.
DitchCarbon Score
How does Lightsource 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 Solar PV Electricity 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
Lightsource Bp's score of 62 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Lightsource Bp's reported carbon emissions
In 2024, Lightsource bp reported total carbon emissions of approximately 1,357,529,000 kg CO2e, with emissions distributed across various scopes: 652,000 kg CO2e (Scope 1), 3,351,000 kg CO2e (Scope 2), and a significant 1,357,529,000 kg CO2e (Scope 3). The Scope 3 emissions primarily stem from capital goods (1,269,250,000 kg CO2e) and business travel (6,807,000 kg CO2e). Comparatively, in 2023, the company recorded total emissions of about 50,752,000 kg CO2e, with Scope 1 emissions at 683,000 kg CO2e and Scope 2 emissions at 4,008,000 kg CO2e. The Scope 3 emissions for that year were significantly lower at 46,042,800 kg CO2e. Lightsource bp has set ambitious reduction targets, aiming to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2021 baseline. This commitment is part of their Science Based Targets initiative (SBTi) approval, which also includes a target to reduce Scope 3 emissions by 52% per MW of generation capacity constructed within the same timeframe. Additionally, they aim for a 26% reduction in Scope 1 and 2 emissions by 2027. The emissions data for Lightsource bp is cascaded from its parent company, BP p.l.c., reflecting a corporate family relationship. The company operates under the umbrella of Lightsource bp Renewable Energy Investments Limited, which is responsible for its sustainability initiatives and emissions reporting.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,337,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 884,000 | 000,000 | - | - | 0,000,000 | 0,000,000 |
| Scope 3 | 460,428,000 | - | - | - | 00,000,000 | 0,000,000,000 |
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.
Lightsource 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.
