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bp

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
Performance module name Performance module score Rank (0-100)

Targets

26.3 /100 #8

Material Investment

26.7 /100 #6

Intangible Investment

0.0 /100 #20

Sold products

20.9 /100 #5

Management

54.6 /100 #15

Supplier Engagement

5.0 /100 #46

Client Engagement

61.3 /100 #3

Policy Engagement

14.0 /100 #66

Business Model

48.8 /100 #2

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

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/