Saving freshwater, boosting biodiversity and supporting workers and communities through a just transition – 10 new bp aims to improve people’s lives and care for our planet now sit alongside the 10 net zero aims
1 December 2020: Lightsource bp (LSbp) celebrates 10 years in business, growing from a feisty start-up to a global leader in the development and management of solar energy projects. And, since joining forces with bp in 2017, LSbp has grown its development pipeline from 1.6GW to 16GW, making it an essential partner in our ambition of having developed 50GW of renewable power by 2030.
16 December 2020: bp acquires a majority stake in Finite Carbon, the largest developer of forest carbon offsets in the US. bp will bring the firm into its in-house business accelerator, bp Launchpad. Together with bp’s additional investment, this is expected to bolster Finite Carbon’s expansion, including the CORE CarbonSM app, which helps to protect woodlands by connecting businesses looking to buy carbon offsets with small forest landowners.
5 January 2021: bp CEO Bernard Looney and Christiana Figueres, who oversaw delivery of the landmark Paris Agreement on climate change, join forces to urge governments, investors, employees and the public to get behind companies committed to a low carbon transition in an opinion piece for CNN.com
26 January 2021: bp joins a group of 60 leading businesses in supporting the World Economic Forum’s Stakeholder Capitalism Metrics as part of wider efforts to develop a set of universal environmental, social and governance (ESG) measurements to use in reporting. In supporting the initiative, business leaders are signalling they view sustainability as critical to the long-term success and viability of their businesses.
26 March 2021: bp launches its sustainability frame and 10 new aims focusing on improving people’s lives and caring for our planet. These include becoming water positive and boosting biodiversity.
We want to help the world reach net zero and improve people’s lives. Watch these films to find out more
A call to action
We recognize that the world is on an unsustainable path. We are listening to the call for action from society, governments and shareholders for a greater focus on sustainability from businesses. Here’s what they are telling us
Buzzing for bees
Watch this CNN film to find out more about how Lightsource bp is helping to boost the UK bee population at its solar sites
Carbon neutral to the CORE
In the US, a bp-backed company, Finite Carbon, has launched a new app that is helping to protect woodlands by connecting businesses looking to buy carbon offsets with small forest landowners
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