- 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
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Aker BP ASA disclosed greenhouse gas emissions of 1.1M tonnes CO2e. By scope: Scope 1: 1.1M tonnes CO2e; Scope 2: 4.6K tonnes CO2e; Scope 3: 62.8K thousand tonnes CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
1.1M tonnes CO2e
2022
Renewable Energy
18%
of total energy
Water Usage
16.8K ML
2022
Waste
32.7K tonnes
2022
Energy Use
18.3M GJ
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.1M tonnes CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 4.6K tonnes CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 62.8K thousand tonnes CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 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) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported 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
🎯 Climate & Sustainability Targets
🔜 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