Bp's Sustainability Essay

818 words - 4 pages

BP is one of the world's leading international oil and gas companies. They provide customers with fuel for transportation, energy for heat and light, lubricants to keep engines moving, and the petrochemicals products used to make everyday items.
On the surface level, it seems as if BP is doing everything right. They strive to be a world-class operator, a responsible corporate citizen and a good employer. From managing air quality to controlling greenhouse gas emissions, they are working to avoid, minimize and mitigate environmental impacts. So far, they have invested in a specialist water treatment company to help manage our operations in water scarce areas. BP is also a forward-looking ...view middle of the document...

As at December 2014, BP and the trustees had agreed on 54 early restoration projects that are expected to cost approximately $700 million, of which BP has funded $629 million to date. This work includes efforts to restore and enhance wildlife, habitats and the services provided by those habitats, as well as to provide additional access for fishing, boating and other related recreational uses.

Upon accessing BP’s sustainability on a deeper level, there are many cracks in its supposed green image. Even though BP often publicises its CSR to cultivate a reputation for ethical behaviour, BP is Europe’s fiercest corporate opponent of action on climate change. This is according to a ranking of companies by their efforts to obstruct carbon-cutting initiatives. They are trying to subvert climate policies by lobbying, advertising, and influence-peddling so that they are able to prevent nations from implementing policies that aim to fight climate change. BP emerges as Europe’s strongest advocate of dirty energy, opposing even mild measures to raise carbon trading prices. This does not come as a surprise as they successfully undermined EU renewable energy targets and subsidies in favour of gas as a climate fix in 2011.
Furthermore, rising global demand for energy over the next two decades is at odds with the fight against climate change. BP’s annual energy outlook...

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