BP logo Close window
green line
BP Annual Review 2003
green line
Introduction
green line
Performance highlights
green line
Chairman's letter
green line
Group chief executive's review
green line
It starts here
green line
Financial performance
green line
Business performance
green line
Environmental and social performance
green line
Summary accounts
green line
Summary corporate governance
green line
Summary directors' remuneration report
green line
Board of directors
green line
Annual general meeting and information for shareholders
green line
Further information
green line
 BP in society
Our operations bring us into contact with some of the most challenging issues facing society today. To address them, we seek to engage constructively with those who help build BP's success. We strive to ensure that our relationships with investors, non-governmental organizations (NGOs), customers, suppliers, communities and governments are founded on the basis of mutual advantage. Our relationships are forged over many years, developed by understanding the needs and aspirations of all those with whom we do business.

During 2003, we made progress on issues related to the construction of the BTC pipeline, a project that has attracted some NGO opposition, particularly over human rights issues. The pipeline will transport oil from the Caspian to the Mediterranean, so avoiding shipping through the Bosporus. BP facilitated the signing of a joint statement by the three host governments committing them to internationally recognized human rights, labour rights and environmental standards, including a commitment to the Voluntary Principles on Security and Human Rights. While there is much work to be done to ensure that these standards are respected throughout the lifetime of the project, we believe we have created a strong foundation on which to build.

Our business activities affect and benefit people across the globe. We seek to extend these benefits as broadly as possible; for example, by creating economic opportunity for local people in the supply of goods and services to our operations worldwide. Education and training are key to unlocking this potential and remain a prime focus of our social investment. We continue to support many initiatives in the communities in which we operate, ranging from the UK Schools Link programme to the Enterprise Centre in Azerbaijan.

We believe that open and thriving societies create the best environment for business. During 2003, we contributed to international discussions concerning the issue of transparency, including the Extractive Industries Transparency Initiative. We hold transparency and accountability as core values in the conduct of our business. We have taken steps to encourage greater transparency in the operations of host country governments, for example, in Angola and Azerbaijan.




In this section
arrow  BP: our business
arrow  BP and the environment
BP in society


 
Related links
 
Figures for environmental performance and community investment
arrow  Environment and community
clouds
© 1999-2004 BP p.l.c Legal Notice