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BP PLC

For the period ended Dec 31, 2024. Filed Mar 6, 2025.

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About this filing

The yearly report of a company based outside the US. It covers much of what a 10-K does, and may follow accounting rules other than US ones.

FY2024 · Filed Mar 6, 2025

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BP$44.53-0.4%Stored close · as of Nov 6, 2026
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Contents

Basis of calculatione

bp’s reported GHG emissions include methane

(CH 4) and carbon dioxide (CO 2). Other GHGs are

not included as they are not material to our

operations. CH 4 emissions are converted to CO 2

equivalent using the 100-year global warming

potential recommended by the Fifth Assessment

Report (AR5) of the Intergovernmental Panel on

Climate Change (IPCC).

Data is required to be submitted into the bp

group reporting tool, OneCSR, in accordance

with bp’s Operating Management System

(OMS)« requirements, broadly based on the GHG

Protocol Corporate Standard and the Ipieca

Petroleum Industry Guidelines for Reporting

Greenhouse Gas Emissions 2nd Edition, May

  1. The responsibility for quantifying and

submitting GHG emissions for reporting is

assigned to individual bp facilities and business

departments, which are termed reporting

units (RUs).

Methane intensityaf (%)TCFD
20240.07
20230.05
20220.05
20210.07
20200.12

We define methane intensity« as the amount of

methane emissions from our upstream oil and

gas operations as a percentage of the gas that

goes to market from those operations. This

applies to methane emissions within our

operational control boundary, where we have the

highest degree of control. Methane emissions

from non-producing activities, such as

exploration drilling, are excluded. In 2024 we

started reporting methane intensity based on our

new measurement approach across our major

operated oil and gas assets.

Ourmethane intensity was 0.07% in 2024 f.

Methane emissions from upstream operations

used to calculate this methane intensity

increased byaround 48% from 31kt in 2023 to

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.