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BP p.l.c.

UK · Oil Gas · Scope 1+2 26 MtCO2e (2023)

EIA national-context live: Country of incorporation (UK → GBR) enriched with US EIA International Energy Statistics (2024). Source: gold_country_energy_profile.
Country of incorporation
UK
Category
Oil Gas
Scope 1+2 (2023)
26
MtCO2e
Scope 3 (2023)
299
MtCO2e
ETS compliance cost
$600M

National context — EIA indicators

Country CO2 total
329.24
MMT CO2
Fossil electricity share
33.8%
Electricity generation
267.98
billion kWh
Primary energy consumption
6.41
qBtu
Country crude oil production
664.78
thousand barrels/day
Country NG production
1.17
qBtu

ETS exposure

EU ETS + UK ETS. 2023 GHG-regulation compliance cost: ~$600 million

Disclosure posture

High — detailed annual + CDP disclosure

Strategic posture

Rolled back 2030 oil-production-reduction target (Feb 2023 + Feb 2025 updates); net-zero 2050 by ambition (not SBTi-validated)

Proof-pack relevance

BP's softened 2030 targets increased reliance on offset/removal claims to bridge to net-zero ambition. Proof-pack-equivalent disclosure on retired tonnes is an integrity precondition.

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