BP PLC
For the period ended Dec 31, 2024. Filed Mar 6, 2025.
View on SEC.govAbout 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
Use the contents to explore the available documents and sections.
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
- 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 |
|---|---|
| 2024 | 0.07 |
| 2023 | 0.05 |
| 2022 | 0.05 |
| 2021 | 0.07 |
| 2020 | 0.12 |
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
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.