U.S., Feb. 9 -- Recent studies have found that Big Oil represents the most significant contributor to atmospheric greenhouse gas volumes of any industry, and in the current climate it is unsurprising that BP has joined the growing list of large firms committing to net zero emissions.
In line with its new aims, BP has revamped its corporate message to "reimagining energy for people and our planet" and promises a series of fundamental changes across the organisation to realise its fresh purpose.
The supermajor has set five aims for its journey to net zero by or before 2050, including: net zero across its operations on an "absolute basis"; net zero in its oil and gas production by 2050; halving the carbon intensity of its products by 2050; i...