BP plc

Integrated Oil & Gas
BP
$ 31 0.32
Share price
$ 96 bn
Market Cap
$ 144 bn
Enterprise Value

Carbon footprint

247 Ton
GHG emissions per $ 1 mln investment
6.5x the weighted average for S&P 500
FY2021
How is this calculated?
-22%
YOY change in GHG emissions
Weaker than the +5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-3.4%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

BP plc aims to achieve net zero for Scope 1 + 2 by 2050


This target has not been verified as science based according to SBTi
BP plc's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

BP plc's GHG emissions (market-based) (Kt of CO2e)
BP plc's Carbon intensity (Tons per 1 USDm)

BP plc's carbon footprint

BP plc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 35,600 Kt (-9,900 /-21.8% y-o-y). Also positively, carbon intensity plummeted to 226 t (-204 /-47.5% y-o-y).

BP plc's Scope 3 emissions decreased sharply to 303,600 Kt (-24,000 /-7.3% y-o-y). This is a higher rate of decline than over the period since 4Q'19 (-5.6% CAGR).

The company is committed to achieving net zero for Scope 1 + 2 by 2050, which translates into the estimated reduction of -1,228 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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