Eni, Total and BP have clearest climate plans
League table of large oil and gas firms show Europe leads US on climate targets and disclosure
Italy’s Eni has the clearest and most ambitious emissions reductions targets of the big oil and gas companies, closely followed by Total and BP, according to a report by non-governmental organisation Carbon Tracker. All three firms set absolute emissions reduction targets covering scope one, two, and three emissions with interim goals measured on an absolute basis. Eni has an absolute emissions reduction target of 25pc below 2018 levels by 2030. BP is for a 20pc reduction below 2016 levels by 2025. And Total’s is for a 15pc reduction below 2015 levels by 2020. 25pc – Eni’s 2030 absolute emissions reduction target Shell, Equinor, Repsol and Occidental include scope three emissions, bu
Also in this section
19 December 2024
The utility-scale battery energy storage system market is evolving rapidly, with diverse offtake models emerging to offer bespoke, flexible contracting solutions
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions