In May 2020, we updated our biodiversity position. This builds on and strengthens our existing approach.
The biodiversity position provides additional information on each of these points.
We assess our potential impacts on biodiversity when we plan new projects and we aim to avoid activities in sensitive areas. If activities are likely to take us into or close to an international protected area, we carry out a detailed risk assessment and require executive approval before any physical activities are undertaken. Through our recently updated group practice we set a requirement to achieve no net loss when undertaking new projects in sensitive areas, manage the risk of introducing invasive alien species, and avoid clearance of high carbon stock ecosystems.
No major operated project has entered an international protected area since 2006 and we have no existing operations or projects inside UNESCO World Heritage sites. No new requests to enter an international protected area were submitted in 2019.
For a full list of our major operating sites in or close to international protected areas see bp.com/protectedareas.
We review bp activities in or near protected areas each year and disclose where bp is operating. We also engage with others to make sure we keep up to speed with best practice, including conservation organizations such as Conservation International, Fauna & Flora International and the Nature Conservancy.
We are working to establish partnerships with global conservation organizations to support the delivery of these activities and will continue to work with others to promote the need for action on biodiversity.
We have been integrating biodiversity into our practices and decision-making for over 15 years. We plan to strengthen this further as part of our wider strategic approach to sustainability and to periodically review this position.
We will continue to work with governments, industry associations, and businesses including our suppliers and our joint ventures, to influence and promote collective action on biodiversity.
Our engagement with others includes:
As Natural Climate Solutions (NCS) is a necessary component of meeting the Paris goals, we supported the establishment of the NCS Alliance and are a founding member. The Alliance aims to build stakeholder consensus to scale up NCS investment and advocate relevant national and international policies. We will also continue to apply strong environmental standards when investing in NCS, especially where there are potential benefits for carbon reduction, biodiversity and people.
Our aim 16 is making a positive impact through our actions to restore, maintain and enhance biodiversity where we work.
We will do this by putting our biodiversity position into action. In doing so, we expect that from 2022 all new bp projects in scope will have plans in place aiming to achieve net positive impact, with a target for 90% of actions to be delivered within five years of project approval.
Our ambition is to be a net zero company by 2050 or sooner
bp has pledged new measures to help restore, maintain and enhance nature in recognition of the action needed to strengthen biodiversity
Lightsource bp solar farms are not only providing cleaner sources of electricity ̶ they’re also helping to boost biodiversity