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This illustration represents our 2020 business model. To deliver our?ambition of reinventing bp, we are retiring this model and replacing it with a?new one that is more focused, more integrated and faces the energy transition?head on; one that can deliver for the changing demands of consumers, investors?and governments.
More information about our new business model will be available?in spring 2021.
Sustainability means building a resilient bp: a business that is competitive in all conditions, that recognises the urgency of the climate challenge and plays its part in driving the transition to a lower carbon world.
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The transition to a lower carbon future has begun, but it is clear there is not going to be just one low carbon energy answer. We are thinking hard about what the future might hold.?
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Think ahead with us using our Statistical Review of World Energy and Energy Outlook
We aim to be a very different kind of energy company by 2030 as we scale up investment in low-carbon, focus our oil and gas production and make headway on reducing emissions.?
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