Sustainability
Our purpose is to reimagine energy for people and our planet. We want to help the world reach net zero and improve people’s lives. In Azerbaijan this means providing the energy to heat and light homes and for transport and industry, to support economic growth and the improvements in quality of life this brings
Our net zero ambition
Our ambition is to become a net zero company by 2050 or sooner and to help the world get to net zero.
Our sustainability frame underpins our strategy to become an integrated energy company and translates our purpose into action. It sets out aims in the areas where we believe we can make the biggest difference for bp, our stakeholders and society.
Our aims and objectives
We've set aims for each of our focus areas:
- 10 aims to get bp to net zero and help the world get there too
- five aims to improve people's lives
- five aims to care for our planet.
Get to net zero
We’ve set five aims to get bp to net zero by 2050 or sooner and five aims to help the world get there too.
Our five people aims cover clean energy, a just energy transition and sustainable livelihoods, respect for human rights, greater equity and enhanced wellbeing. They focus on how we think bp can make the biggest difference.
Improve people's lives
Care for our planet
Our sustainability frame includes a focus on making a positive difference to the environment in which we operate. The scope of our care for our planet aims covers biodiversity, water management, nature-based solutions including those that reduce or remove carbon emissions, circularity and sustainable purchasing.
2021 sustainability highlights
Net zero operations
35%
Reduction in absolute emissions against our 2019 baseline
Enhancing biodiversity
Net positive impact
Methodology developed
Net zero production
16%
Reduction in absolute emissions against our 2019 baseline
More clean energy
4.4GW
Renewable energy equivalent developed to FID
City or region partnerships
3
Working in partnership with Houston, Aberbeen and the Valencia region in Spain
Low carbon investments
~$2.2bn
Up from around $750m in 2020
Transparency leader
A-
Score received in CDP Climate 2021
