BP p.l.c. 2019 AR2
The report highlights BP's performance in 2019, during which the company achieved an underlying replacement cost profit of $10 billion and generated $25.8 billion in operating cash flow. BP announced its new ambition to become a net-zero company by 2050 or sooner, supported by ten specific aims. The company reduced its Scope 1 and 2 equity share greenhouse gas emissions to 51.7 million tonnes of CO2 equivalent and achieved 1.4 million tonnes of sustainable emissions reductions. Additionally, BP expanded its low-carbon business by increasing its stake in Lightsource BP to a 50:50 joint venture and forming BP Bunge Bioenergia in Brazil.
Company: BP p.l.c.
Sector: Professional & technical services
Country: United Kingdom
Year: 2019
Type: AR2
Pages: 352
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BP p.l.c.
Annual Report And Form 20-F
The report highlights BP's performance in 2019, during which the company achieved an underlying replacement cost profit of $10 billion and generated $25.8 billion in operating cash flow. BP announced its new ambition to become a net-zero company by 2050 or sooner, supported by ten specific aims. The company reduced its Scope 1 and 2 equity share greenhouse gas emissions to 51.7 million tonnes of CO2 equivalent and achieved 1.4 million tonnes of sustainable emissions reductions. Additionally, BP expanded its low-carbon business by increasing its stake in Lightsource BP to a 50:50 joint venture and forming BP Bunge Bioenergia in Brazil.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees