We offer customers the opportunity to offset their carbon emissions through BP Target Neutral, which invests in emissions reduction projects around the world
To date, we’ve developed more than 20 carbon neutral products and services to help our customers reduce their impact. And, over the past decade, BP Target Neutral has offset more than three million tonnes of CO2 equivalent; that is the same as taking 1.3 million cars off UK roads for a whole year.
We estimate that the projects we supported in 2017 are helping to improve the livelihoods of more than two million people through better access to energy, health, education, and jobs, as well as protecting 40,000 hectares of globally significant habitat.
An independent selection panel considers each project’s carbon abatement attributes, as well as their contribution to the UN Sustainable Development Goals.
As part of a comprehensive target-driven strategy, consistent with achieving a net zero carbon world, offsetting can channel much-needed finance to carbon reduction projects and the expansion of sustainable land use management.Mark Kenber, Mongoose Energy CEO and Chair of the BP Target Neutral Advisory and Assurance Panel