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CDP

We believe transparent reporting can enable more meaningful ‎engagement with our stakeholders

We submitted our CDP climate change questionnaire on 28 July 2021 – you can download a copy here, or above.

 

This is our first response since 2017 and we are pleased to have received a score of A-.


We continue to engage with CDP – and other climate benchmarks and frameworks – to help guide our ‎approach to reporting and transparency.‎ We aim to improve our performance over time. 

 

CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions.

 

Readers are encouraged to read the full submission. For those not familiar with the CDP ‎questionnaire format, please note that many of the questions are dropdown questions where ‎respondents’ answers are limited to a closed list of options. The list of available options for each ‎dropdown question is not displayed in the pdf available to download at the link above. ‎In responding to such questions, we have tried to select the most appropriate answer in each case ‎and where possible provide additional clarification or context in free text where our answers are ‎constrained by the question structure.

Legal notice

Unless explicitly expressed otherwise bp’s responses to the questions in the CDP Climate Change ‎‎2021 Questionnaire (the “Responses”) relate to the year ended 31 December 2020.  ‎The Responses draw upon content from the bp Annual Report and Form 20-F 2020, bp’s ‎sustainability report 2020 and other sources (including investor presentations available on bp.com) ‎but do not contain sufficient information to allow as full an understanding of the results and the ‎state of affairs of BP p.l.c. as the bp Annual Report and Form 20-F 2020. As such no part of the ‎Responses constitutes, or shall be taken to constitute, an invitation or inducement to invest in BP ‎p.l.c. or any other entity and must not be relied upon in any way in connection with any investment ‎decisions.


Responses other than quantified data are intended to be illustrative rather than comprehensive or ‎selected according to materiality. The Responses do not seek to provide a comprehensive listing of ‎all climate-related risks bp has identified, or to present bp’s most significant climate-related risks ‎‎(refer to our risk factors described on pages 67-70 of the bp Annual Report and Form 20-F 2020 for ‎further information). Quantified data drawn from data published elsewhere by bp are subject to any ‎qualifications or clarifications provided there.‎BP p.l.c. is the parent company of the bp group of companies. BP p.l.c. and each of its subsidiaries ‎are separate legal entities. Unless otherwise stated or the context otherwise requires, the term “bp” ‎and terms such as “we”, “us” and “our” are used in the Responses for convenience to refer to one or ‎more of the members of the bp group instead of identifying a particular entity or entities.‎


bp is not responsible for the content of external websites. The inclusion of a link to a third-party ‎website should not be understood as an endorsement and we do not accept any liability in ‎connection with any such sites or links. bp does not make any representations or warranties as to ‎the security of any information (including, without limitation, personal information) you might be ‎requested to give to any third party in a linked to website.‎

Cautionary statement
The Responses may make certain forward-looking statements, forecasts or projections with respect ‎to the financial condition, results of operations and businesses of bp and certain of the plans and ‎objectives of bp with respect to these items. By their nature, forward-looking statements involve ‎risks and uncertainties because they relate to events and depend on circumstances that will or may ‎occur in the future. Actual results may differ materially from those expressed in such statements ‎depending on a variety of factors. Please refer to the Cautionary statements on page 329 of bp ‎Annual Report and Form 20-F 2020 and page 94 of bp Sustainability Report 2020 for further ‎information on forward-looking statements.  ‎