|ALC carbon outcome||Enabling BP or 3rd parties to meet their low carbon objectives|
110,000 tonnes CO₂e [Jan-Dec 2018]
BP Target Neutral (BPTN) is our carbon offsetting programme that develops carbon neutral products and services for customers and partners. Through BPTN, we have launched more than 20 carbon neutral offers into the market, many of them firsts in their category. For example, BPTN has helped Castrol develop a range of certified carbon neutral lubricants for cars, commercial vehicles and wind turbines.
BPTN does this by helping customers to follow international best practice to ‘reduce, replace and neutralize’ their greenhouse gas emissions. For example, emissions can be reduced through energy efficiency initiatives, or by replacing higher carbon fuels and feedstocks with lower carbon alternatives. To become fully carbon neutral, any unavoidable emissions can be offset through the purchase of carbon credits.
BPTN purchases these credits from carefully selected emissions reduction projects all over the world, such as forest conservation in Zambia, renewable energy in China and biomass power in India. These projects also help provide economic, social and environmental benefits in their local communities. We estimate that the projects BPTN supported in 2018 helped improve the livelihoods of more than two million people through better access to energy, health, education and jobs.
Since 2006, BPTN has offset more than 4 million tonnes of carbon dioxide equivalent (CO2e) on behalf of customers, the equivalent of taking 2 million1 cars off UK roads a year. In 2018 alone, the programme offset more than 850,000 tonnes of CO2e across all projects. Of this, 110,000 tonnes CO2e forms BPTN’s ALC accreditation. The balance is recognized separately by the ALC programme for initiatives such as Castrol Professional and PTAir™ Neutral, which have all offset their emissions through BPTN.