BP Fuel Card launches offset programme to help fleets hit carbon targets
The partnership with BP Target Neutral, BP’s not-for-profit carbon reduction and offset team, has been designed to fleet managers a simple, flexible and cost effective way to compensate for every tonne of CO2e (carbon dioxide equivalent) their fleet produces by contributing to carbon mitigation projects throughout the world via the purchase of carbon credits.
Projects covered include:
- Deforestation mitigation and development project in Africa, which preserves forests resources
- Treadle pumps for irrigation in India, which replace diesel power
- Wind farm in Turkey which also protects grazing land for farmers
Drivers use their existing BP Fuel Card as normal and a set Target Neutral fee, linked to the fleet volume of fuel being offset, is included in monthly invoicing. Fleet managers then receive a certificate highlighting the amount of CO2e offset along with a number of resources that allow them to communicate their efforts with customers and stakeholders.
Head of BP Fuel Cards, Naftali Gefen said: “We know carbon reduction is an important issue for fleet operators and that’s why we’ve introduced a simple, flexible and scalable way to offset the emissions. This new card feature is an effective way for fleet managers to meet customer and stakeholder expectations, demonstrate leadership and help mitigate the carbon impact of fleet fuel.”