We’re decarbonizing and diversifying our business.
What’s changing
Reducing our oil and gas production and lowering emissions, while keeping up cash flow by high-grading our portfolio and growing bioenergy.
Investing in low carbon energy to rapidly scale up in solar and offshore wind, and develop new opportunities in carbon capture and hydrogen.
Switching on 100,000 EV charging points and opening more than 1,000 new strategic convenience sites.
Doubling down on five transition growth businesses, planning for more than 40% of the capital we invest to be in bioenergy, convenience, EV charging, renewables and hydrogen by 2025.
Accelerating our net zero ambition – our aim is to be net zero by 2050 or sooner across operations, production and sales.
Tackling climate change cannot be achieved in isolation; it needs everyone to pull together.
That’s why bp is collaborating with exceptional partners – across cities and corporations – on the journey towards net zero. Here are some of our many invaluable partnerships