BP (British Petroleum) is working toward net-zero emissions by 2050, with a focus on shifting from traditional fossil fuel reliance to renewable energy investments, including wind and solar power. The company’s ESG rating is bolstered by its progress in reducing carbon emissions and increasing investments in sustainable energy solutions. However, BP’s ESG score is affected by its continued involvement in oil and gas extraction, which remains a significant part of its operations. Critics argue that BP’s transition to cleaner energy is too slow, and its fossil fuel production continues to contribute significantly to climate change. The company’s ESG efforts are viewed with skepticism by some stakeholders due to its legacy as an oil giant. To gain a fuller understanding of BP’s ESG journey, refer to the latest BP ESG report, which provides an overview of both the company’s sustainability initiatives and the criticisms it faces.