BP Targets Net Zero By 2050. By Louise Poirier. Storage tanks and wind turbines at the Rotterdam refinery in the Netherlands. Photo courtesy BP. February 18, 2020.

One of BP’s targets is to reduce emissions from all of its company operations, which it says is about 55 million tons of CO2 equivalent, to net zero.

BP has set an ambition to become a net-zero company by 2050 or sooner as part of a plan to “fundamentally reorganise” its business to tackle the climate emergency.

Several major energy companies reportedly exited an advisory group that promoted draconian corporate climate targets after learning the alignment could ...

Energy company BP said Wednesday it aims to eliminate or offset all carbon emissions from its operations and the oil and gas its produces by 2050, becoming the latest major company in the industry ...

BP is now aiming to be net-zero across operations, upstream production and downstream sales by 2050 or sooner, which would make it the first major oil and gas company to do so, Mr. Duguid said.

Behind BP’s shiny net zero promises lies a strategy built on carbon offsets, vague targets, and continued oil expansion. This video exposes how Big Oil uses greenwashing tactics to appear ...

BP to slash spending on net zero ventures as it focuses on oil and gas again The update is clearly aimed at bolstering investor support in light of the company’s flagging share price. Share this: ...

The development of a global oil and gas emissions standard has been put on hold after industry players including Shell, Aker ...

The new boss of BP has promised to fundamentally “reinvent” the oil giant as he pledged the company would become carbon neutral by the middle of the century. Bernard Looney, who took the top ...