In February we set out our ambition to become a net zero company by 2050 or sooner and help the world get to net zero.
To deliver that ambition, we have launched our new strategy that will reshape our business within a decade as we pivot from an international oil company focused on producing resources to an integrated energy company focused on delivering solutions for customers.
Having developed around 50 gigawatts (GW) of net renewable energy generating capacity – a 20-fold increase on the 2.5GW we have developed so far. Growing hydrogen to 10% share of core markets and producing more than 100,000 barrels a day of bioenergy – up from 22,000 today.
around the world and three core industries. Doubling our customer interactions to 20 million a day. Providing more than 70,000 electric vehicle charging points – up from 7,500 today.
Industry-leading in terms of quality, with productivity up and a focus on value.
Emissions associated with carbon in bp’s upstream oil and gas production 35-40% lower by 2030
Carbon intensity of products bp sells reduced by more than 15% by 2030
Our new sustainability frame links our strategy to our purpose - to reimagine energy for people and our planet.
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