Annual Report And Form 20-F

Overview

The report presents bp's 2024 performance alongside a strategy reset focused on growing upstream, focusing downstream and disciplined transition investment. It reports 100,500 employees, $189,185 million in sales and other operating revenues, and 33.6MtCO2e of operational-control Scope 1 and 2 emissions. Sustainability aims were simplified to net zero operations, net zero sales, people, biodiversity and water, with a 2050 net-zero operations aim. The report also records one work-related fatality in the newly acquired bp bioenergy business, which was excluded from reported fatality data during the integration period.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: Ends 31 December 2024
Publication date: 6 March 2025
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

Statement included

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