Performance Metrics & Targets

We use key metrics and targets to measure and monitor our performance and progress in managing climate-related risks and opportunities in line with our strategy and risk management process. These include:

  • Internal proxy carbon pricing and the financial impact of existing carbon pricing on our businesses across the globe.
  • Scope 1, Scope 2 and Scope 3 greenhouse gas (GHG) emissions.
  • Metrics for water, methane and flaring.
  • GHG emissions intensity target.

We believe that these metrics and targets are the most useful in managing climate-related risks and opportunities and monitoring performance.

All data is from January 1 to December 31, 2018. Our Performance Metrics footnotes outline the scope and methodologies of our data reporting. The minimum boundary for reporting on environmental priorities is assets we operate.

Strategic Flexibility & Planning

Robust and flexible corporate strategy.

GHG Emissions

Measuring our emissions performance.

GHG Emissions Intensity Target

Reducing GHG Intensity.

Carbon Capture, Use & Sequestration

Converting carbon.

Verification & Assurance

Independent, third-party verification.