Performance Metrics & Targets
We calculate key metrics and use 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 greenhouse gas (GHG) pricing and the financial impact of existing GHG pricing on our businesses across the globe.
- Scope 1, scope 2 and scope 3 GHG emissions.
- Metrics for water, methane and flaring.
- GHG emissions intensity target.
We believe 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, 2019. 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. Read more about our performance metrics.
Strategic Flexibility & Planning
Robust and flexible corporate strategy.
Measuring our emissions performance.
GHG Emissions Intensity Target
Reducing GHG Intensity.
Carbon Capture, Use & Sequestration
Climate change and water.
Verification & Assurance
Independent, third-party verification.