BP p.l.c. 2021 SR
The report outlines bp's progress toward its ambition of becoming a net zero company by 2050, highlighting a 35% reduction in operational emissions since 2019. Key achievements in 2021 include quadrupling the renewables development pipeline to over 23GW and increasing low carbon investment to approximately $2.2 billion. The company also updated its net zero aims, targeting a 50% reduction in operational emissions by 2030 and expanding its scope to include physically traded energy products. Furthermore, bp emphasized its commitment to a just transition and biodiversity, developing a net positive impact methodology for new projects.
Company: BP p.l.c.
Sector: Professional & technical services
Country: United Kingdom
Year: 2021
Type: SR
Pages: 61
Back to company
BP p.l.c.
Sustainability Report
The report outlines bp's progress toward its ambition of becoming a net zero company by 2050, highlighting a 35% reduction in operational emissions since 2019. Key achievements in 2021 include quadrupling the renewables development pipeline to over 23GW and increasing low carbon investment to approximately $2.2 billion. The company also updated its net zero aims, targeting a 50% reduction in operational emissions by 2030 and expanding its scope to include physically traded energy products. Furthermore, bp emphasized its commitment to a just transition and biodiversity, developing a net positive impact methodology for new projects.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Mar 31, 2022
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Total Waste
Workplace Fatalities
Net Zero Target
Employees