Our progress in 2022 towards net zero
We made progress on our journey towards net zero by working to provide customers with more electricity, develop renewable hydrogen, grow our biofuels portfolio and provide conventional fuels.
Reduced Scope 1 and 2 absolute emissions by 30%
More than halfway towards our target to reduce them by 50% by 2030, compared to 2016 on a net basis
Reduced net carbon intensity by 3.8%
Achieved 2022 target of 3-4% reduction, making progress towards reducing our net carbon intensity by 20% by 2030 and 100% by 2050, compared to 2016
Invested $4.3 billion in low-carbon energy solutions, and $3.9 billion in non-energy products
Increased electric vehicle charge points by 62% to around 139,000
More than doubled renewable generation capacity to 6.4 GW
Acquired Sprng Energy, a leading renewable power platform (India)
Integrated Savion, a solar and energy storage developer (USA)
Won offshore wind bids (NL, UK, USA)
Took final investment decision for Holland Hydrogen 1 in the Netherlands (200 MW electrolyser capacity)
Added 20 MW electrolyser capacity in China
Blended 9.5 billion litres of biofuels (6% of global consumption)
Acquired Nature Energy (Denmark), the largest producer of renewable natural gas in Europe
Signed large, long-term agreement to buy ethanol made from sugar-cane waste from Raízen (Brazil)
Selected as partner in 2 large LNG projects with carbon capture and storage in Qatar
Delivered 194 LNG cargoes to Europe (almost five times our usual average)
