Net zero by 2050

Achieving net zero emissions by 2050 isn’t an easy task and requires deep collaboration with customers, partners and other stakeholders. Our roadmap includes the following elements.

We recognize the need to integrate our thinking on environmental and social issues. They’re inextricably linked and the transition to a low-carbon economy must look to address social inequities and support people, jobs and local communities. This linkage is reflected throughout our policies, processes and actions.

Supporting our customers

Customers are at the heart of our strategy and our goal is to help them succeed. Climate and environmental risk are changing the trade landscape—creating new risks, but also new opportunities. We’re working closely with our customers to understand the challenges they face and what they need to succeed. This engagement helps inform our decision-making around financing solutions, as well as where we can partner within the trade ecosystem to better support those needs.

Create your climate change report

For certain products, we require customers in the upstream and downstream oil and gas sectors to produce and publish a climate change report aligned with the Task Force for Climate-related Financial Disclosures (TCFD). This requirement will help enhance the future competitiveness and resilience of these customers while helping us better understand the climate-related risks and opportunities associated with their financing. We’ve developed a guide to help customers fulfill these reporting requirements. 

Access the guide