v3.25.4
Emissions schemes and related environmental programmes (Tables)
12 Months Ended
Dec. 31, 2025
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
202520242023
ETS and related schemes398381493
Biofuels [A]4,2032,9422,581
Renewable power530623552
Total5,1313,9463,626
[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, 20253012,0821312,514
Additions1343,0574683,659
Settlements(317)(2,793)(415)(3,525)
Other movements43255(67)231
At December 31, 20251612,6011172,879
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
[A]Relates to environmental certificates held for compliance purposes.
Summary of Obligations
$ million
ETS and related schemesBiofuelsRenewable powerTotal
At January 1, 2025
Current(388)(2,594)(536)(3,518)
Non-current(408)(9)(417)
(388)(3,002)(545)(3,935)
Additions(1,078)(4,205)(536)(5,819)
Additions covered by government grants666[A]666
Settlements3893,1536214,163
Other movements(71)(345)20(396)
(94)(1,397)105(1,386)
At December 31, 2025
Current(445)(3,823)(337)(4,605)
Non-current(37)(576)(103)(716)
(482)(4,399)(440)(5,321)
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)
[A]Emission certificates that were allocated free of charge at an equivalent fair value at grant date.