Lightsource bp publishes 2023 Sustainability Report
Lightsource bp, a global leader in solar development, is pleased to publish its 2023 Sustainability Report.
Highlighting Lightsource bp’s ongoing commitments to a clean and sustainable future, the report details key progress in the delivery of the sustainability strategy for 2023. It offers a comprehensive overview of achievements and provides a platform from which Lightsource bp will help meet the rising demand for affordable, reliable, and sustainable energy.
Highlights
- Lightsource bp’s pipeline of projects grew substantially to beyond 60GW and we reached total developed assets of 8.8GW which generated over 3.7TWh of renewable energy in 2023 – avoiding estimated emissions of over 2,300,000 tCO2e associated with global energy generation.
- The company’s assets under construction nearly doubled to 30 projects, representing a capacity of 3.77GW.
- Lightsource bp started construction on its first utility-scale battery storage project, and further developed a mature pipeline of 1.3GW of energy storage projects.
- Pivotal work undertaken on supply chain sustainability, with efforts focused on collaborating closely with suppliers to enhance due diligence and ESG maturity.
- An update on Lightsource bp’s greenhouse gas (GHG) reduction efforts and how these align with the company’s growth ambitions, presenting intensity-based metrics for the first time.
- Significant progress was made in developing the quantification of Lightsource bp’s waste footprint, allowing insights to be drawn that will inform action to improve the company’s impact.
- The results of our first company-wide Diversity, Equity, and Inclusion survey, identifying areas where we excel and our top opportunities for action.
Lightsource bp is at the forefront of delivering responsible solar efficiently and effectively, prioritising sustainable practices, and genuine two-way engagement with local communities and stakeholders. This year’s Sustainability Report clearly demonstrates what has been achieved, alongside future ambitions and innovations for Lightsource bp.
Penny Laurenson, Global Head of Sustainability & Director of Environmental Affairs at Lightsource bp says: “Sustainability is an overarching principle that touches every area of our business. Our 2023 Sustainability Report is a testament to this collective effort, and it’s important to recognise the valuable inputs from teams and individuals from across Lightsource bp. Looking forward, our key focus is on ensuring that we continue to take action and make progress in our sustainability journey.”
Read more about Sustainability at Lightsource bp.
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