- Demand for oil and gas may decrease significantly faster than anticipated, resulting in lower prices
- EUA price and/or Norwegian CO2 tax may increase faster than anticipated
- Competition from new technologies may drive faster displacement of oil and gas
- Reputational risks related to offsetting
- Potential higher frequency of extreme weather may lead to operational shutdown
- Change in precipitation patterns may affect working environment conditions
Aker BP ASA
Carbon Emissions & Sustainability Report
CO₂ Emissions
1.1M tonnes CO2e
2022
Renewable Energy
18%
of total energy
Water Usage
16.8K ML
2022
Reduction
-383517.3%
since 2020
Waste
32.7K tonnes
2022
Energy Use
18.3M GJ
2022
📊 Emissions Breakdown (2022)
Scope 1
Direct emissions
1.1M tonnes CO2e
Scope 2
Electricity
4.6K tonnes CO2e
Scope 3
Supply chain
62.8K thousand tonnes CO2e
📈 Historical Emissions
2022
1.1M tonnes CO2e
2021
852.1K tonnes CO2e (Scope 1); 81408 tonnes CO2e (Scope 2); 285981 tonnes CO2e (Scope 3 partially identified)
2020
278 kt CO2 (operated basis), 155 kt CO2 (net equity basis)
✅ Key Environmental Achievements
- Reduced CO2 intensity to 3.7 kg CO2/boe (approximately one-quarter of the global average for the industry)
- Connected Edvard Grieg and Ivar Aasen platforms to grid-supplied power from shore, reducing CO2 emissions equivalent to removing more than 100,000 fossil-fuelled cars
- Reduced total energy consumption by nearly 9 percent compared to 2021
- Reduced NOX emissions by 12 percent from 2021 to 2022
- 65% of produced water was injected in 2022
🎯 Future Goals
🔜 Short-term
- Reduce gross scope 1 and scope 2 GHG emissions by 50% by 2030
📅 Medium-term
- Achieve net zero across operations by 2030
- Reduce addressable upstream scope 3 emissions (categories 1-8 and downstream category 9)
🔭 Long-term
- Achieve absolute reduction close to 100% of gross scope 1 and scope 2 GHG emissions by 2050
🌱 ESG Focus Areas
Climate changeEnvironmentResponsible businessCreating valueResponsible employerHuman rightsDiversity & InclusionSafetyGovernance