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Annex

bp’s Energy Outlook 2024 uses two scenarios – Current Trajectory and Net Zero – to explore the speed and shape of the energy transition out to 2050 and to help shape a resilient strategy for bp

Energy demand

In bp’s Energy Outlook 2024, growth in energy demand is led by increasing prosperity in emerging economies, offset by quickening gains in energy efficiency

Five aims to help the world get to net zero

At bp we are advocating for policies that support net zero, incentivizing our workforce, assessing our alignment with trade associations and helping corporates achieve their decarbonization goals

Five aims to get bp to net zero

At bp we have set five aims to get to net zero by 2050

Trade association reports

At bp, we will make the case for our views on climate change within the associations we belong to and we will be ‎transparent where we differ. And where we can’t reach alignment, we will be prepared to leave

Carbon pricing principles

At bp we believe that well-designed carbon pricing provides the right incentives for everyone – energy producers and consumers alike – to play their part in reducing emissions

Biodiversity

At bp we understand that transformative change is needed and recognize there is also an intrinsic link between the need for global action on biodiversity and climate change

Nature-based solutions

At bp we aim to use nature-based solutions (NbS) to deliver value and contribute to our people and planet aims in our operations and through our business activities

CDP

At bp we believe transparent reporting can enable more meaningful ‎engagement with our stakeholders. We submitted our 2023 CDP climate change questionnaire on 25 July

Task Force on Climate-related Financial Disclosures

At bp we support the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), which was established by the Financial Stability Board

Tag: Climate change