Lightsource Bp

Lightsource Bp's reported carbon emissions

Lightsource bp, a company in the Electricity by solar photovoltaic industry based in GB, has outlined significant climate commitments and reported its carbon emissions. For the reporting year 2024, Lightsource bp reported total emissions of approximately 1.36 billion kg CO2e (Scope 3). Scope 1 emissions were around 652,000 kg CO2e, and Scope 2 emissions (market-based) were approximately 3.35 million kg CO2e. Their total market-based Scope 1 and 2 emissions for 2024 amounted to about 4 million kg CO2e. In 2023, total emissions were approximately 50.75 million kg CO2e, comprising Scope 1 emissions of about 683,000 kg CO2e and Scope 2 market-based emissions of approximately 4 million kg CO2e. Scope 3 emissions for 2023 were around 50.75 million kg CO2e. Lightsource bp is committed to reducing its greenhouse gas emissions. They have set a near-term target to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030, using 2021 as the base year. Additionally, they aim to reduce Scope 3 GHG emissions by 52% per MW of generation capacity constructed within the same timeframe. These targets are aligned with a 1.5°C warming pathway, as approved by the Science Based Targets initiative (SBTi). It is noted that Lightsource bp is a joint venture of bp, and while bp is currently excluded from joining the SBTi, Lightsource bp's targets have been approved under specific policy criteria. Emissions data is cascaded from its ultimate parent organization, Lightsource bp Renewable Energy Investments Limited.