BP PLC

Our aim is to reach net zero by 2050 or sooner

for Scope 1 and 2 emissions within bp’s

operational control.

Our interim target is a 20% reduction in our

Scope 1 and 2 operational emissions by the end

of 2025 against the 2019 baseline. Our current

outlook for the end of 2030 is a reduction of

around 45% against the baseline.

Informed by this outlook, and the assumptions

underpinning it, which may change over time,

we have adjusted our previous 50% reduction

aim for the end of 2030 to a range of 45-50%,

against the 2019 baseline of 54.5MtCO 2 e. Our

methane intensity target remains 0.20% by the

end of 2025.

Scope 1 and 2 emissions

Our combined Scope 1 and 2 emissions were

33.6 MtCO 2 e – a decrease of 38% from our 2019

baseline. The total decrease includes 18MtCO 2 e

attributable to divestments and 5.4MtCO 2 e in

emissions reductions activity.

In 2024 our Scope 1 (direct) emissions were

32.8 MtCO 2 e – an overall increase from

31.1MtCO 2 e in 2023. Of these Scope 1

emissions,31.4 MtCO 2 e were from carbon

dioxide and 1.5MtCO 2 e from methaned. The

increase was due to project ramp-ups,

operational growth in our low carbon businesses

and some temporary operational changes such

as turnaround activity and operational issues.