BP Target Neutral marks 10 years helping reduce carbon emissions

BP recently marked the 10th anniversary of its not-for-profit carbon offsetting business BP Target Neutral, which uses innovative carbon neutral tools to help BP customers offset their carbon emissions.

“This is a business-led program,” BP Target Neutral Global Director Andrea Abrahams said. “We encourage our customers to use our tools and products which in turn helps them achieve both their sustainability and commercial goals. Over the last three years we have adjusted the BP Target Neutral model and we are now working much more closely with our business customers to provide innovative solutions for their operations.”

In its decade of existence, BP Target Neutral has offset 2.5 million tons of carbon, which amounts to the annual usage of approximately 1.2 million European cars. BP noted that customers are increasingly taking advantage of BP Target Neutral’s services, with half of that 2.5-million-ton figure being offset in the past three years.

“The challenge is to manage and meet the world’s growing demand for energy, whilst addressing climate change,” Downstream Chief Executive Tufan Erginbilgic said. “We recognize the need for BP to improve the carbon efficiency of our own operations and the products we sell to our customers. It’s also important to our customers that they find ways to reduce their impact on the environment. BP Target Neutral supports our business and our customers, as we seek to reduce our environmental impact.”