SASB Index 2025
March 2026
Contents
Greenhouse gas emissions Air quality
Water management Biodiversity impacts
Security, human rights and rights of indigenous peoples
Community relations Workforce health and safety
Reserves valuation and capital expenditures
Business ethics and transparency
Management of the legal and regulatory environment
Critical incident risk management Activity metrics
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bp Annual Report and Form 20-F 2025
bp Sustainability Report 2025 bp Energy Outlook 2025
bp ESG Datasheet2025
bp Basis of Reporting 2025
Introduction
This Sustainability Accounting Standards Board (SASB) index aims to provide a consolidated overview of bp's reporting against the SASB Oil & Gas - Exploration & Production standard (version 2023-12).
Metrics and disclosures included in this index cover our activities during the period 1 January to 31 December for the years indicated.
Performance data and disclosures included in this index are discussed further in the bp Sustainability Report 2025, the bp Annual Report and Form 20-F 2025 and the bp Energy Outlook 2025. An associated Basis of Reporting document is available on bp.com/basisofreporting. This outlines the approach and scope used for data collection and verification of certain sustainability performance data, as published in the bp Sustainability Report 2025, bp Annual Report and Form 20-F 2025, bp ESG Datasheet 2025 and online at bp.com/sustainability.
All data included in this index should be read in conjunction with the bp ESG Datasheet 2025.
Greenhouse gas emissions
SASB accounting metric SASB category | SASB unit of measure | SASB code | bp disclosure | 2021 | 2022 | 2023 | 2024 | 2025 | More information |
Gross global Scope 1 emissions, Quantitative percentage methane, percentage covered under emissions-limiting regulations | Metric tons CO2-e (t) Percentage (%) | EM-EP110a.1 | Operational controla,b | We report GHG emissions on the basis of carbon dioxide and methane. Other GHGs are not included as they are not material to our operations. We do not report the percentage of emissions that are covered under an emissions-limiting regulation. Read more: bp Annual Report and Form 20-F 2025 page 37-39 bp Sustainability Report 2025 page 11 bp ESG Datasheet 2025 page 4 | |||||
Scope 1 (direct) greenhouse gas emissions (MtCO2e)c | 33.2 | 30.4 | 31.1 | 32.8 | 33.7 | ||||
Scope 1 (direct) carbon dioxide emissions (MtCO2e) | 32.0 | 29.7 | 30.2 | 31.4 | 32.8 | ||||
Scope 1 (direct) methane emissions (Mt) | 0.05 | 0.03 | 0.03 | 0.05 | 0.03 | ||||
Equityd | |||||||||
Scope 1 (direct) greenhouse gas emissions (MtCO2e)c | 36.5 | 33.9 | 31.9 | 32.2 | 32.4 | ||||
Scope 1 (direct) carbon dioxide emissions (MtCO2e) | 34.8 | 32.6 | 30.5 | 30.7 | 31.2 | ||||
Scope 1 (direct) methane emissions (Mt) | 0.07 | 0.05 | 0.05 | 0.06 | 0.04 | ||||
Amount of gross global Scope 1 Quantitative emissions from: (1) flared hydrocarbons, (2) other combustion, (3) process emissions, (4) other vented emissions and (5) fugitive emissions | Metric tons CO2-e(t) | EM-EP-110a.2 | Operational controla | We report the total hydrocarbons flared from our upstream operations. We do not collect the breakdown of emissions by source centrally. Read more: bp ESG Datasheet 2025 page 4 | |||||
Flaring (kt)e | 967 | 654 | 861 | 613 | 570 | ||||
The scope of GHG data reported covers bp's operational control boundary and comprises 100% of emissions from activities where bp or its subsidiaries has full authority to introduce and implement bp's Operating Management System (OMS), broadly following the GHG Protocol Corporate Standard provisions regarding boundaries for reporting Scope 1 and 2 GHG emissions and the Ipieca Petroleum Industry Guidelines for Reporting Greenhouse Gas Emissions 2nd Edition, May 2011. Read more: bp.com/basisofreporting.
In 2025 bp made an adjustment to the operational control boundary for Scope 1 and 2 GHG emissions. This means certain operations, assets or sources which were previously included, such as power generation on contractor drilling rigs, are now excluded. This change has a less than 1% impact on reported operational emissions.
We provide data on GHG emissions material to our businesses on a carbon dioxide-equivalent basis. This includes CO2and methane for Scope 1 emissions.
bp equity share data comprises 100% of emissions from subsidiaries and the percentage of emissions equivalent to our share of joint arrangements and associates, other than bp's share of Rosneft. On 27 February 2022 bp announced that it intends to exit its 19.75% shareholding in Rosneft Oil Company (Rosneft). bp ceased equity accounting for Rosneft from this date.
We report the total hydrocarbons flared from our upstream operations.
Greenhouse gas emissions continued
SASB accounting metric SASB category SASB unit of measure SASB code bp disclosureDiscussion of long-term and short-term strategy or plan to manage Scope 1 emissions, emissions reduction targets, and an analysis of performance against those targets
Discussion and analysis
N/A EM-EP-110a.3 Our aim is to reach net zero by 2050 or sooner for Scope 1 and 2 emissions within bp's operational control (on a CO2e basis), including by maintaining 'near-zero' methane intensity across our operated producing assets, enabled by supportive government policies. We achieved a reduction of 37%a against a targeted 20% reduction in our operational emissions by the end of 2025 and we are aiming for a 45-50% reduction by the end of 2030, both against our 2019 baseline.
In 2025 our Scope 1 (direct) emissions were 33.7MtCO2e - an overall increase from 32.8MtCO2e in 2024. Of these Scope 1 emissions, 32.8MtCO2e were carbon dioxide and 0.9MtCO2e were from methane. Overall emissions increased due to growth in our portfolio and seven major project start-ups. This increase was partially offset by some improvements in performance, including from the improved management of abnormal plant conditions in our Tangguh operations in Indonesia.
We take a portfolio view of all our project improvement activities at individual sites. This allows us to prioritize the most effective projects -supporting energy efficiency, reduced carbon emissions, and lower costs. In 2025 we completed emissions and energy efficiency reviews in four of our production regions: North Sea, Oman, Egypt and Asia Pacific, and at three of our refineries: Gelsenkirchen in Germany, Castellón in Spain and Cherry Point refinery in the US. We expect to complete further reviews across our operating portfolio in 2026. Any opportunities identified are screened through existing business processes and plans that support our net zero ambition.
Read more:bp Annual Report and Form 20-F 2025 page 38 bp Sustainability Report 2025 page 12
Air quality
SASB accounting metric | SASB category | SASB unit of measure | SASB code | bp disclosure | 2021 | 2022 | 2023 | 2024 | 2025 | More information |
Air emissions of the following pollutants: (1) NOx (excluding N2O), (2) SOx, (3) volatile organic compounds (VOCs), and (4) particulate matter (PM10) | Quantitative | Metric tons (t) | EM-EP-120a.1 | Total emissions to air (kt) | 95 | 87 | 87 | 79 | 79 | We monitor our air emissions - including sulphur oxides, nitrogen oxides and non-methane hydrocarbons - and where possible, put measures in place to reduce the potential impact of our operational activities on local communities and the environment. We do not exclude N2O emissions from the reported NOx (nitrogen oxides) emissions. We do not report particulate matter (PM10) data. Read more: bp Sustainability Report 2025 page 33 bp ESG Datasheet 2025 page 8 |
Air emissions - nitrogen oxides (kt) | 43 | 39 | 39 | 42 | 45 | |||||
Air emissions - sulphur oxides (kt) | 10 | 10 | 10 | 9 | 9 | |||||
Air emissions - non-methane hydrocarbons (kt) | 42 | 39 | 38 | 28 | 26 | |||||
In 2025 bp made an adjustment to the operational control boundary for Scope 1 and 2 GHG emissions. This means certain operations, assets or sources which were previously included, such as power generation on contractor drilling rigs, are now excluded. This change has a less than 1% impact on reported operational emissions.
Water management
SASB accounting metric SASB category | SASB unit of measure | SASB code | bp disclosure | 2021 | 2022 | 2023 | 2024 | 2025 | More information |
(1) Total water withdrawn, (2) total Quantitative water consumed; percentage of each in region with High or Extremely High Baseline Water Stress | Thousand cubic meters (m³) Percentage (%) | EM-EP-140a.1 | Total freshwater withdrawal (million m3)a | 97.9 | 92.4 | 84.1 | 81.8 | 82.0 | Read more: Annual Report and Form 20-F 2025 page 59 bp Sustainability Report 2025 pages 30 bp ESG Datasheet 2025 page 8 |
Total freshwater withdrawal in regions with high or extremely high baseline water stress (%)a,b | 1 | 0 | 12 | 11 | 13 | ||||
Freshwater consumption (million m3) | 53.6 | 51.7 | 47.4 | 46.5 | 47.3 | ||||
Freshwater consumption in regions with high or extremely high baseline water stress (%)b | 4 | 1 | 21 | 20 | 22 | ||||
Volume of produced water and Quantitative flowback generated; percentage (1) discharged, (2) injected, (3) recycled; hydrocarbon content in discharged water | Thousand cubic meters (m³) Percentage (%) Metric tons (t) | EM-EP-140a.2 | Produced water generated (million tonnes) | 49 | 50 | 52 | 58 | 69 | A proportion of the mass of produced water generated quoted will include flowback water. We do not report volume of produced water recycled. We report the volume of produced water discharged and injected but not the percentage. |
Produced water discharged (%) | - | - | - | - | - | ||||
We do not report hydrocarbon concentration in discharged water. | |||||||||
Produced water injected (%) | - | - | - | - | - | ||||
Read more: | |||||||||
bp ESG Datasheet 2025 page 8 | |||||||||
Hydrocarbon concentration in discharged water (mg/l) | - | - | - | - | - | ||||
Percentage of hydraulically Quantitative fractured wells for which there is public disclosure of all fracturing fluid chemicals used | Percentage (%) | EM-EP-140a.3 | Not reported | - | - | - | - | - | We do not report this metric. |
Percentage of hydraulic Quantitative fracturing sites where ground or surface water quality deteriorated compared to a baseline | Percentage (%) | EM-EP-140a.3 | Not reported | - | - | - | - | - | We do not report this metric. |
Following an update in 2024 to the basis for calculating freshwater withdrawal to align with the basis for calculating freshwater consumption and improve clarity and consistency, metrics based on freshwater withdrawal data have been restated for the years 2019-2023 to reflect the exclusion of once through cooling water.
The threshold bp uses for stress is based on a water stress level of 'high' or above, as defined by the WRI Aqueduct Water Risk Atlas. bp determines areas of water stress using either the WRI Aqueduct Water Risk Atlas or using site-specific local data sources.
Biodiversity impacts
2025
Description of environmental management policies and practices for active sites
Discussion and analysis
N/A EM-EP-160a.1 Our biodiversity position, updated in 2026, builds on robust practices we have in place to manage biodiversity impacts across bp projects. Our biodiversity aim, reflects our position, and is to support biodiversity where we operate by (i) aiming to achieve net positive impact on all new in-scope projects, and (ii) implementing biodiversity enhancement plans at our major operating sites (as well as collaborating with others to support selected biodiversity restoration projects).
Read more:bp biodiversity position (March 2026)
bp Sustainability Report 2025 page 27-28
(1) Number and (2) aggregate volume of hydrocarbon spills, (3) volume in Arctic, (4) volume impacting shorelines with ESI rankings 8-10, and (5) volume recovered | Quantitative | Number, Barrels (bbls) | EM-EP-160a.2 | Number of spills (>one barrel)a | 121 | 108 | 100 | 96 | 110 | We do not currently operate any assets in the area north of the Arctic Circle. We do not report spills to water that reached the soil, or spills directly to the soil, of shorelines with Environmentally Sensitive Index (ESI) levels 8-10. Read more: |
Oil spills - volume (thousand litres) | ||||||||||
spilled | 655 | 1,005 | 511 | 376 | 609 | |||||
unrecovered | 308 | 335 | 358 | 296 | 282 | bp ESG Datasheet 2025 page 8 | ||||
Percentage of (1) proved and (2) probable reserves in or near sites with protected conservation status or endangered species habitat | Quantitative | Percentage (%) | EM-EP-160a.3 | Not reported | - | - | - | - | - | We report on the number and area (in hectares) of major operating sites overlapping with protected areas and/or key biodiversity areas. Read more: bp Protected Areas 2025 |
bp ESG Datasheet 2025 page 9 | ||||||||||
a Any loss of primary containment of one barrel or more of liquid hydrocarbon (1 barrel = 159 litres = 42 gallons).
Security, human rights and rights of indigenous peoples
SASB accounting metric | SASB category | SASB unit of measure | SASB code | bp disclosure | 2021 | 2022 | 2023 | 2024 | 2025 | More information |
Percentage of (1) proved and (2) probable reserves in or near areas of conflict | Quantitative | Percentage (%) | EM-EP-210a.1 | Not reported | - | - | - | - | - | We do not report this metric. |
Percentage of (1) proved and (2) probable reserves in or near indigenous land | Quantitative | Percentage (%) | EM-EP-210a.2 | Not reported | - | - | - | - | - | We do not report this metric. |
Discussion of engagement processes and due diligence practices with respect to human rights, indigenous rights, and operation in areas of conflict
N/A EM-EP-210a.3 Our human rights policy remains a foundation of our approach to sustainability. We respect the rights of our workforce and people living in
communities where we operate, who are potentially affected by our activities. Our focus areas include labour rights, security and human rights, the rights of individuals in potentially vulnerable groups (including indigenous peoples rights), potential impacts on livelihoods, and access to water, land and resources.
Our human rights policy aligns with the UN Guiding Principles on Business and Human Rights. It is underpinned by the International Bill of Rights and the International Labour Organization's Declaration of Fundamental Principles at Work, including its Core Conventions.
Our labour rights and modern slavery principles support our commitment to respect workers' rights in line with International Labour Organization Core Conventions on Rights at Work, and state our expectation that contractors, suppliers and joint ventures do likewise. Our principles cover prevention of abusive or inhumane practices, such as child labour, forced labour, trafficking, slavery or servitude, and discrimination or harassment.
Our approach to due diligence on human rights is also described in our human rights policy. For further information on our due diligence practices see the bp Sustainability Report 2025 and the bp Modern Slavery and Human Trafficking Statement 2024.
Read more:bp.com/humanrights
bp Annual Report and Form 20-F 2025 page 59 bp Sustainability Report 2025 page 22
bp Business and human rights policy (May 2020)
bp Modern Slavery and Human Trafficking statement 2024
bp Annual Report on the Voluntary Principles on Security and Human Rights 2024
Community relations
2025
Discussion of process to manage Discussion and N/A EM-EP-210b.1 We engage with local communities and other stakeholders through a range of channels, including face-to-face meetings with our community
risks and opportunities associated with community rights and interests
analysis
liaison officers. Where appropriate, these interactions provide an opportunity to remind communities of the ways they can raise concerns or grievances, including those related to human rights.
Where people in local communities may be affected by our activities, we seek to identify adverse human rights impacts and take appropriate steps to avoid, minimize and/or mitigate them. To support this, we provide guidance to our businesses and projects on engaging with local stakeholders, managing the process of receiving and responding to community complaints.
We avoid involuntary resettlement of communities and/or individuals, but if this is not possible our guidance for where we need to access or acquire land for our operating activities is aligned with the principles outlined in International Finance Corporation (IFC) Performance Standard 5.
We respect the rights of indigenous peoples (IPs) and, where they may be affected by our business activities, our approach and actions aim to be consistent with the principles set out in international standards for consultation and engagement with IPs, including the ILO's Indigenous and Tribal Peoples Convention (ILO169), the UN Declaration on the Rights of Indigenous People (UNDRIP). Our guidance references IFC Performance Standard 7 and recognizes that it is important that we identify and consult with IPs, seeking to apply the principles of free, prior and informed consent (FPIC) where practical, ideally prior to the commencement of activities.
Our code of conduct and Operating Management System (OMS) both contain requirements and guidance about the need to respect the rights of workers and community members. Our OMS requires all projects and operations where we are the operator, to identify and engage with affected people in a manner that respects their rights. Our OMS also sets out that projects and operations need to ask for feedback on their proposed or actual activities, considering any sensitivities around livelihoods, land, environment and culture.
Read more:bp Sustainability Report 2025 pages 22-23
bp Business and human rights policy (May 2020)
(1) Number and (2) duration of non-technical delays | Quantitative | Number Days | EM-EP-210b.2 | Not reported | - | - | - | - | - | We do not report this metric. |
Workforce health and safety
SASB accounting metric | SASB category | SASB unit of measure | SASB code | bp disclosure | 2021 | 2022 | 2023 | 2024 | 2025 | More information |
(1) Total recordable incident rate (TRIR), (2) fatality rate, (3) near miss frequency rate (NMFR), and (4) average hours of health, safety, and emergency response training for (a) direct employees and (b) contract employees | Quantitative | Rate Hours (h) | EM-EP-320a.1 | Recordable injury frequency (RIF) -workforcea | 0.164 | 0.187 | 0.274 | 0.297 | 0.234 | RIF includes employees and contractors. We report fatalities for employees and contractors. We do not report fatality rate. We do not report NMFR. We do not report average hours of health, safety, and emergency response training for direct employees, or contract employees. |
Fatalities - workforce (#)b | 1 | 4 | 1 | 0 | 1 | |||||
Read more: | ||||||||||
bp Sustainability Report 2025 pages 4-5 | ||||||||||
bp ESG Datasheet 2025 pages 6-7 |
Discussion of management systems used to integrate a culture of safety throughout the exploration and production lifecycle
Discussion and analysis
N/A EM-EP-320a.2 At bp, safety comes first. We want to improve our safety performance and continue working towards our goal of eliminating fatalities, life-changing injuries and tier 1 process safety events.
Our Operating Management System (OMS) provides a single framework for our operations. It defines a consistent approach to managing our operational activities - helping us to improve performance in delivering safe, reliable and complaint operations.
We recognize the value of industry standardization and consistent rules to help improve safety performance, including IOGP's Life-Saving Rules. In 2025 we gained new insights about the effectiveness of the Rules in bp, due to the introduction of conformance checklists tailored to the needs of specific businesses. We have also embedded the Rules in a wider range of self-verification tasks in our production and operations business and included them in bp Shipping's new control of work tool.
Our five Safety Leadership Principles are designed to drive a strong, consistent safety culture across bp. Informed by human performance principles, they support a culture of care by helping us understand how people interact with their working environment. In 2025 we continued our ongoing work to help employees and contractors incorporate the principles into their daily work. For example, training offered to employees in operations stressed the importance of creating an environment where everyone feels safe to speak up on any aspect of safety.
We face our most significant process safety risks in our production & operations business, primarily in refining and production activities. In 2025 we continued to mitigate these safety risks by monitoring and strengthening both our process safety risk barriers and requirements in our OMS. In refining we continued implementation of our mechanical integrity framework, which is designed to improve equipment integrity and consistency as well as the way we address related incidents. We carry out regular progress reviews of our process safety improvement plans for refining and production.
Read more:bp Sustainability Report 2025 pages 4-5
RIF - Recordable injury frequency: the number of reported work-related incidents that result in a fatality or injury per 200,000 hours worked.
The total number of fatalities by employee and contractor for the bp group.
Reserves valuation and capital expenditures
SASB accounting metric | SASB category | SASB unit of measure | SASB code | bp disclosure | 2021 | 2022 | 2023 | 2024 | 2025 | More information |
Sensitivity of hydrocarbon reserve levels to future price projection scenarios that account for a price on carbon emissions | Quantitative | Million barrels (MMbbls) Million standard cubic feet (MMscf) | EM-EP-140a.1 | Not reported | - | - | - | - | - | We do not report this metric. |
Estimated carbon dioxide emissions embedded in proved hydrocarbon reserves | Quantitative | Metric tons (t) CO2-e | EM-EP-140a.2 | Not reported | - | - | - | - | - | We do not report this metric. |
Amount invested in renewable energy, revenue generated by renewable energy sales | Quantitative | Reporting currency | EM-EP-140a.3 | Transition business capex ($ billion) | - | - | - | - | 2.3 | As announced in February 2025, we plan to invest selectively and with discipline in transition businesses. This investment was $2.3 billion in 2025. It includes $0.8 billion of inorganic spend, including the acquisition of bp bioenergy which completed in 2024 and other investment in bioenergy, EV charging and low carbon energy. |
bp Annual Report and Form 20-F 2025 page 21 | ||||||||||
bp Sustainability Report 2025 page 11 | ||||||||||
bp ESG Datasheet 2025 page 3 |
Reserves valuation and capital expenditures continued
SASB accounting metric SASB category SASB unit of measure SASB code bp disclosureDiscussion of how price and demand for hydrocarbons and/ or climate regulation influence the capital expenditure strategy for exploration, acquisition, and development of assets
Discussion and analysis
N/A EM-EP-140a.4 The board assesses capital allocation across the bp portfolio, including the level and mix of capital expenditures and divestments, strategic acquisitions, distribution choices and deleveraging, as well as reviewing certain investment cases for approval. The board reviews and approves investment cases of more than $3 billion for resilient hydrocarbons, more than $1 billion for all transition or low carbon investments and any significant inorganic acquisition that is exceptional or unique in nature.
Our price assumptions are used for our investment appraisal processes. They are also used to inform decisions about internal planning and the value-in-use impairment testing of assets for financial reporting. We apply carbon prices rising from $67/tCO2e in 2026 to $135/tCO2e in 2030 and
$200/tCO2e by 2050 (2024 $ real) in certain cases.
All investment cases must set out their investment merits and are considered against a set of six balanced investment criteria - although investment decisions may also take other factors into account as appropriate. This standardized approach is intended to create a level playing field for decision making and allows portfolio-wide comparisons of investment cases. The decision to endorse an investment based on the information provided represents our evaluation that it is consistent with what the 2019 CA100+ resolution refers to as 'a range of other outcomes relevant to bp's strategy'.
For all investment cases, we consider how any proposed business opportunity is connected to the energy transition, societal needs and the environment. This approach is underpinned by our purpose and sustainability frame. All RCM cases must consider significant impacts of an investment on key sustainability aims, informed by our sustainability assessment template for investment cases.
Read more:bp Annual Report and Form 20-F 2025 pages 20-22
Business ethics and transparency
SASB accounting metric | SASB category | SASB unit of measure | SASB code | bp disclosure | 2021 | 2022 | 2023 | 2024 | 2025 | More information |
Percentage of (1) proved and (2) probable reserves in countries that have the 20 lowest rankings in Transparency International's Corruption Perception Index | Quantitative | Percentage (%) | EM-EP-510a.1 | Not reported | - | - | - | - | - | We do not report this metric. |
Description of the management system for prevention of corruption and bribery throughout the value chain
Discussion and analysis
N/A EM-EP-510a.2 Our code explicitly prohibits engaging in any form of bribery, corruption or money laundering and promotes lawful and ethical business practices. It includes an expectation that we work to make sure our business partners comply with our requirements. Our group-wide policies covering anti-bribery and corruption, anti-money laundering, anti-fraud and anti-tax evasion, and related procedures, all include measures and guidance to assess and mitigate risks, understand relevant laws and report concerns. They apply to all bp-operated businesses. Where bp is not the operator, we have processes in place to manage our interests - including guidance to help bp asset managers influence operators in line with our expectations. We provide appropriate training for employees in roles assessed to be of greater relevance for managing bribery and corruption risks, money laundering and fraud that could benefit bp.
Additionally, we operate a system of internal control that includes a 'three lines of defence' model to manage risks such as bribery and corruption. bp's businesses and functions are required annually to identify, assess (including impact and likelihood), manage and report to senior management risks associated with their business or functional area, including with any non-operated joint ventures.
We assess our exposure to financial crime risks (including bribery and corruption, fraud and money laundering) when working with suppliers and business partners. If appropriate, we put a risk mitigation plan in place and will choose not to work with a counterparty, or to reject tenders, based on the results of our risk assessments. We also conduct anti-bribery compliance audits of selected suppliers when contracts are in place. We take corrective action with suppliers and business partners that fail to meet our expectations. This may include terminating contracts.
bp conducts risk-based counterparty due diligence (CDD) on counterparties it does business with. Bribery and corruption are among the risks our CDD processes are designed to manage.
Read more:bp Code of conduct
bp Annual Report and Form 20-F 2025 page 58 bp Sustainability Report 2025 pages 6-7
bp's approach to bribery and corruption (March 2025)
Management of the legal and regulatory environment
SASB accounting metric SASB category SASB unit of measure SASB code bp disclosureDiscussion of corporate positions related to government regulations and/or policy proposals that address environmental and social factors affecting the industry
Discussion and analysis
N/A EM-EP-530a.1 We regularly advocate or comment on policy that is relevant to bp, with local, national and regional governments, regulators and legislators. We also engage with them to build constructive relationships and support the development of national energy projects, including those in which we have an interest. In 2025 our advocacy activities focused on several topics including bioenergy, hydrogen and carbon pricing.
We publish a summary of our most significant public policy positions on bp.com.
Read more: bp.com/advocacyactivities bp.com/USadvocacybp Sustainability Report 2025 page 36
bp high level climate policy positions (May 2023)
Critical incident risk management
SASB accounting metric | SASB category | SASB unit of measure | SASB code | bp disclosure | 2021 | 2022 | 2023 | 2024 | 2025 | More information |
Process Safety Event (PSE) rates for Loss of Primary Containment (LOPC) of greater consequence (Tier 1) | Quantitative | Rate | EM-EP-540a.1 | Tier 1 process safety events (#) | 16 | 17 | 9 | 3 | 5 | Read more: bp ESG Datasheet 2025 page 7 |
Hours worked workforce (million hours) | 221 | 230 | 209 | 206 | 198 |
Description of management systems used to identify and mitigate catastrophic and tail-end risks
Discussion and analysis
N/A EM-EP-540a.2 bp's risk management system and policy is designed to be a consistent and clear framework for managing and reporting risks from the group's business activities and operations to management and to the board. The system seeks to avoid incidents and enhance business outcomes by allowing us to:
Understand the risk environment, identify the specific risks and assess the potential exposure for bp.
Determine how best to deal with these risks to manage overall potential exposure.
Manage the identified risks in appropriate ways.
Monitor and seek assurance over the effectiveness of the management of these risks and intervene for improvement where necessary.
Report clearly and consistently to management, the leadership team and the board on how principal risks are being managed, monitored and assured, with any identified enhancements that are being made.
Further, the scale and geographical spread of our operations mean we must be ready to respond to a range of possible disruptions, including emergencies. We maintain disaster recovery, crisis, and business continuity management plans and work to build day-to-day response capabilities to support local management of incidents. We regularly test our plans and preparedness through exercises that simulate real-life situations.
Read more:bp Annual Report and Form 20-F 2025 pages 60-61 bp Sustainability Report 2025 page 5
Activity metrics
SASB accounting metric | SASB category | SASB unit of measure | SASB code | bp disclosure | 2021 | 2022 | 2023 | 2024 | 2025 | More information |
Production of: (1) oil, (2) natural gas, (3) synthetic oil, and (4) synthetic gas | Quantitative | Thousand barrels per day (Mbbl/day) Million standard cubic feet per day (MMscf/ day) | EM-EP-000.A | Not reported | - | - | - | - | - | Crude oil, natural gas and natural gas liquids (NGLs) production for subsidiaries and equity-accounted entities is disclosed in the bp Annual Report and Form 20-F 2024. Read more: |
bp Annual Report and Form 20-F 2025 page 347-348 | ||||||||||
Number of offshore sites | Quantitative | Number | EM-EP-000.B | Not reported | - | - | - | - | - | We do not report this metric. |
Number of terrestrial sites | Quantitative | Number | Not reported | Not reported | - | - | - | - | - | We do not report this metric. |
Email the corporate reporting team at corporatereporting@bp.com
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