BP p.l.c. 2023 AR2
The report outlines bp's financial and operational performance for 2023, highlighting its ongoing transition from an international oil company to an integrated energy company. In 2023, the company achieved an underlying replacement cost profit of $13.8 billion and reduced its net debt to $20.9 billion, its lowest in a decade. bp made significant strategic progress, including starting up four major oil and gas projects, growing its EV charge points by 35%, and increasing biogas supply volumes by 80%. Additionally, the company completed the acquisition of TravelCenters of America and agreed to acquire the remaining interest in Lightsource bp to further expand its low-carbon energy portfolio.
Company: BP p.l.c.
Sector: Professional & technical services
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 392
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BP p.l.c.
Annual Report And Form 20-F
The report outlines bp's financial and operational performance for 2023, highlighting its ongoing transition from an international oil company to an integrated energy company. In 2023, the company achieved an underlying replacement cost profit of $13.8 billion and reduced its net debt to $20.9 billion, its lowest in a decade. bp made significant strategic progress, including starting up four major oil and gas projects, growing its EV charge points by 35%, and increasing biogas supply volumes by 80%. Additionally, the company completed the acquisition of TravelCenters of America and agreed to acquire the remaining interest in Lightsource bp to further expand its low-carbon energy portfolio.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees