2026May/June

Environment, Social and Governance

Left: BP’s total number of process safety events fell to 27 in 2025, from 62 in 2021. Middle: Its Scope 1 and 2 emissions have fallen by 37% since 2019. Right: Real-time methane emissions data have led to improvements in source-level inventory, allowing mitigation opportunities to be better prioritized and lowering methane intensity. Click the image to enlarge.

BP’s 2025 sustainability report shows 37% fall in operational emissions since 2019

At the end of 2025, BP had reduced its operational emissions intensity by 37% against its 2019 baseline, according to its newest sustainability report. This is well in excess of the company’s 20% target, even though absolute emissions increased in 2025 due to an overall increase in production and changes to BP’s portfolio. By 2030, the company aims to achieve 45-50% reduction compared with 2019 numbers.

Further, its methane intensity was 0.04% in 2025, significantly ahead of the 0.20% target. The company said it was able to achieve this by continuing to convert natural gas-driven pneumatic controllers to instrument air; increasing electrification; and fixing leaks identified in optical gas imaging surveys.

With personal safety, BP highlighted an initiative in Oman to improve driving safety. Tools such as active fatigue and distraction detection technology and in-vehicle monitoring systems are enabling real-time risk detection and timely action. On top of that, leadership visibility has also helped to promote driving safety.

With process safety, BP noted that the risks were still highest in its production and operations business, primarily in refining and production. A total of 27 process safety events were recorded in 2025, down from 38 in 2024.

DNV: UK energy transition lacks ‘whole system’ thinking, will fall short of net zero goals

In this year’s Energy Transition Outlook for the UK, DNV found that the country is not transitioning fast enough to hit its decarbonization targets.

The forecast suggests the UK will fall short of its 2035 Nationally Determined Contribution target (agreed in Paris in 2015), with emissions reduced by only 33%, roughly half of what is needed to achieve the goal.

Buildings and transport demand remain the biggest blockers, with two-thirds of UK homes predicted to still be using gas boilers in 2035, as well as more than half the cars on roads remaining fossil fueled. Further, it will not achieve net zero by 2050 and will still emit 130 million metric tons of CO2 equivalent per year.

“What the UK’s energy transition requires, and what underpins this report, is whole system thinking: the recognition that addressing the trilemma and balancing the energy system demands integrated solutions that span technology, infrastructure, policy and behavior,” Hari Vamadevan, SVP and Regional Director, UK & Ireland, Energy Systems, DNV, stated in the report.

He also noted how polarized views about energy are leading people to overlook the fact that “the energy sector is deeply intertwined, meaning that it is a monumental challenge to prioritize one area over another unless we take into account all parts of the energy system and the adjacent areas like socio-economic developments, nature and biodiversity.”

Siloing debates around energy, focusing on individual elements rather than the whole system, delays progress, he added. In fact, DNV expects the UK will become more reliant on oil and gas imports up to the early 2040s, making the country more vulnerable to geopolitical tension.

With its 2030 Clean Power aim – to decarbonize the UK electricity system by 2030 – the country is closer to reaching that goal, but it will still significantly rely on gas. The country will double its wind and triple its solar capacity within the next four years, reaching 107 GW of variable renewables, but will still require unabated gas for 15% of its electricity generation.

Longer term, wind, solar, nuclear and other renewables will provide 85% of low-carbon energy by 2060, with imported fossil fuels supplying the remaining 15%. Energy security, meanwhile, will rest not on imported fuels but on domestic generation, storage and flexible demand.

By 2050, despite not reaching net zero, energy demand will have fallen by a quarter and the UK’s primary energy supply will continue to shift away from fossil fuels to low-carbon sources, with the former representing 15% of primary energy by 2060, versus 75% today.

The report also asserts that it believes the decarbonization of the UK economy will be affordable in the long term, with average house bills in 2050 expected to fall by 20% compared with 2021 levels. The report attributed this mainly to more efficient energy use after electrification.

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