BP p.l.c. 2023 SR
The report outlines bp's progress toward its ambition of becoming a net zero company by 2050, highlighting a 41% reduction in Scope 1 and 2 emissions since 2019. In 2023, the company completed the implementation of methane measurement across its operated upstream assets and invested $3.8 billion in transition growth engines like EV charging and bioenergy. Despite strategic progress, the company reported three workplace fatalities and is focused on strengthening its safety culture. The report also details efforts in social sustainability, including supporting over 23,000 livelihoods in the Caspian region and achieving 34% female representation in group leadership roles.
Company: BP p.l.c.
Sector: Professional & technical services
Country: United Kingdom
Year: 2023
Type: SR
Pages: 68
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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 41% reduction in Scope 1 and 2 emissions since 2019. In 2023, the company completed the implementation of methane measurement across its operated upstream assets and invested $3.8 billion in transition growth engines like EV charging and bioenergy. Despite strategic progress, the company reported three workplace fatalities and is focused on strengthening its safety culture. The report also details efforts in social sustainability, including supporting over 23,000 livelihoods in the Caspian region and achieving 34% female representation in group leadership roles.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 8, 2024
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:
Energy Consumption
Total Waste
Women in Management
Workplace Fatalities
Net Zero Target
Employees