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
28 March 2024
US company aims to accelerate deployment of new technologies offered by Norwegian pureplay CCS firm
26 March 2024
Country has Europe’s largest CO₂ storage potential but regulatory and policy issues must be resolved to enable growth, says Offshore Energies UK
26 March 2024
Largest investment to date will support emission reduction projects across multiple sectors including refining, steel and cement
19 March 2024
Commodity trading companies are set for a key role in shaping green supply chains and providing carbon market liquidity