Annual Report And Form 20-F

Overview

The report describes bp's 2020 transformation from an International Oil Company to an Integrated Energy Company, anchored by its ambition to become net zero by 2050 or sooner. It reports a 16% reduction in combined Scope 1 and Scope 2 emissions to 45.5MteCO2e and discloses 180,004 GWh of organizational energy consumption. The workforce totaled 63,600 employees at year-end, while women represented 45% of the board. Sustainability oversight was strengthened through board and committee governance, including expanded TCFD disclosures.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2020
Period: Ends 31 December 2020
Publication date: 22 March 2021
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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