bp is a publicly listed integrated oil and gas company headquartered in the UK. In 2020, it had USD 180.37 billion in revenue and a reported 63,600 employees*. bp is one of the seven oil majors and operates across the value chain. Its 20% share in Rosneft and current growth in gas and absolute emissions undermines the low-carbon targets and commitments the company has set.
- Ranking position
- #5 /100
- Total score
- 42.9 /100
- Performance score
- 6.0 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
Risks and opportunities
Trend
bp receives a trend score of +. If the company were reassessed in the near future, its score would likely increase. The company has a transition plan and ambitious aims for 2025 and 2030. However, the base year for these targets is 2019 and so it is too early to assess them against the company’s 1.5°C pathway. bp has a number of new business activities in the making that, if delivered, will most likely transform its portfolio by the next benchmark assessment. These trends by no means indicate that bp will be aligned with its 1.5°C pathway in the near future, but it is likely to improve relative to its current position.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- London, United Kingdom
- Group revenue
- USD 180.37 billion
- Ownership structure
- Publicly listed
- Number of employees
- 63,600
- Scope of activity
- Integrated
- Website
- https://www.bp.com/