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
27 November 2024
The agreement by the parties to raise at least $300b/yr for developing countries by 2035 was derided as a betrayal by the Global South, but the UN urged pragmatism
26 November 2024
Agreements on how to operationalise both Article 6.2 and 6.4 will mean countries can start to trade emissions reductions as part of their contributions to the Paris Agreement
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project