British multinational oil and gas company; global supermajor with stated net-zero ambitions that have been repeatedly scaled back.
Green Score
- Greenwashing risk
- high
- Data confidence
- high
- Method
- how it is calculated
Climate Impact & Solution35%12
Does the core business genuinely avoid or reduce emissions, or build climate resilience? Share of revenue that is actually 'green'. Fossil-dependent models score low.
BP's core business is fossil fuel extraction and sales; it has eliminated its Scope 3 absolute reduction target, slashed transition capex from ~$9B to $1.5–2B/year, and Scope 1+2 emissions rose again in 2025 as new oil and gas projects came online — making its net climate contribution deeply negative.
Decarbonization & Targets20%22
Credible, science-based targets (SBTi), a real net-zero plan with progress to date, and CDP disclosure — not just a dated press release.
BP has no SBTi-validated targets; it dropped its Scope 3 absolute reduction goal entirely, weakened its 2030 product carbon intensity target from 15–20% to 8–10%, and its remaining targets cover only Scope 1+2 operational emissions — a fraction of its total climate footprint — with no independent science-body validation.
ESG & Operations15%35
Operational footprint, labour and social practices, and governance quality across the company's own operations and supply chain.
BP receives mixed-to-moderate third-party ESG scores (MSCI A, Sustainalytics high-risk at 33.2), benefits from relatively strong board diversity and TCFD-aligned disclosures, but is penalised by ongoing climate litigation, a history of fatal accidents, and continued dominant exposure to fossil fuel operations.
Transparency & Verification15%48
Quality of disclosure, independent third-party verification, and how much hard data backs the company's claims.
BP publishes annual CDP responses, TCFD-compliant disclosures, and an ESG datasheet with quantified Scope 1 and 2 data verified by third parties, which is above-average for its sector; however, boundary changes and baseline restatements reduce comparability, and the absence of independently verified Scope 3 reporting leaves the most material emissions opaque.
Integrity15%18
Controversies, litigation, pollution, fossil-fuel lobbying, conflict-zone involvement and governance scandals. Higher means cleaner.
BP's integrity score is severely depressed by the 2010 Deepwater Horizon disaster (worst US environmental spill, 11 deaths, >$61B in costs), co-defendant status in ~32 ongoing US climate-deception lawsuits, a substantiated OECD greenwashing complaint over its 'Keep Advancing' ad campaign, active litigation over gas flaring deaths in Iraq, and alleged complicity in war crimes via fuel supply to conflict zones.
Ownership
Owns
- Lightsource bp· subsidiary
Related
- Electric Hydrogen· investmentvia techcrunch.com
Why it's on ClimateTicker
BP is a fossil-fuel supermajor that markets itself as transitioning to an integrated energy company, but has systematically scaled back every meaningful climate commitment it has made since 2020. The core business remains overwhelmingly oil and gas; its Scope 3 emissions — the vast majority of its climate impact — are no longer subject to any absolute reduction target. Investors should treat BP's net-zero rhetoric with extreme skepticism given the gap between marketing and verified, science-based action.
Commitments & Certifications
Controversy & Greenwashing Watch
BP is a co-defendant in approximately 32 US state and federal lawsuits alleging it deceived the public about its role in causing climate change; cases are proceeding in state courts after BP's federal removal attempts failed.sec.gov
BP faces a London lawsuit alleging its decades of gas flaring in Rumaila, Iraq caused a child's death from leukaemia, and a separate case by Palestinians claiming BP's oil supply enabled war crimes.bylinetimes.com
BP eliminated its Scope 3 absolute reduction target, cut product carbon intensity goals nearly in half, and slashed transition investment by roughly 75–80%, signalling a strategic retreat from its own 2020-era net-zero commitments in favour of fossil fuel output growth.carboncredits.com
BP entities are named defendants in 17 Louisiana state lawsuits alleging historical oil and gas operations caused coastal erosion without required permits, with substantial remediation damages sought.sec.gov
The UK National Contact Point assessed ClientEarth's complaint that BP's 'Keep Advancing' ad campaigns misled the public as material and substantiated, noting that over 96% of BP's spend went to oil and gas while ads spotlighted low-carbon products.clientearth.org
New York City alleged BP marketed fuels as including 'lower-carbon and carbon-neutral products' without disclosing the key role fossil fuels play in causing climate change, as part of a broader multi-company greenwashing action.ehsleaders.org
The 2010 explosion on BP's Deepwater Horizon rig killed 11 workers, spilled ~3.2 million barrels of oil into the Gulf of Mexico — the worst environmental disaster in US history — generating over $61.6B in cumulative pre-tax charges and ongoing Mexican class-action litigation still pending as of end-2024.reprisk.com
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