v3.25.2
Emissions schemes and related environmental programmes (Tables)
12 Months Ended
Dec. 31, 2024
Other Provisions, Contingent Liabilities And Contingent Assets [Abstract]  
Summary of Cost Environmental Schemes and Related Environmental Plans
Cost of emission schemes and related environmental programmes recognised in the Consolidated Statement of Income
$ million
202420232022
ETS and related schemes381493493
Biofuels [A]2,9422,5812,918
Renewable power623552594
Total3,9463,6264,005
[A]Represents the cost of biofuel certificates required for compliance purposes over and above those generated from self-blending activities.
Summary of Emission Schemes and Related Environmental Plans
Purchased environmental certificates (presented under Other intangible assets, see Note 11) [A]
$ million
ETS and related schemesBiofuelsRenewable powerTotal
At January 1, 20244411,8051452,391
Additions2993,1464173,862
Settlements(392)(2,804)(411)(3,607)
Other movements(47)(65)(20)(132)
At December 31, 20243012,0821312,514
At January 1, 20234401,6011602,201
Additions3962,9554863,837
Settlements(413)(2,783)(451)(3,647)
Other movements1832(50)
At December 31, 20234411,8051452,391
[A]Relates to environmental certificates held for compliance purposes.
Summary of Obligations
$ million
ETS and related schemesBiofuelsRenewable powerTotal
At January 1, 2024
Current(498)(3,012)(343)(3,853)
Non-current(105)(88)(193)
(498)(3,117)(431)(4,046)
Additions(1,051)(2,981)(612)(4,644)
Additions covered by government grants675[A]675
Settlements4533,0114673,931
Other movements338531149
110115(114)111
At December 31, 2024
Current(388)(2,594)(536)(3,518)
Non-current(408)(9)(417)
(388)(3,002)(545)(3,935)
At January 1, 2023
Current(458)(3,424)(350)(4,232)
Non-current(422)(56)(478)
(458)(3,846)(406)(4,710)
Additions(1,244)(2,593)(597)(4,434)
Additions covered by government grants762[A]762
Settlements4793,3864924,357
Other movements(37)(64)80(21)
(40)729(25)664
At December 31, 2023
Current(498)(3,012)(343)(3,853)
Non-current(105)(88)(193)
(498)(3,117)(431)(4,046)
[A]Emission certificates that were allocated free of charge at an equivalent fair value at grant date.