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
We plan to do even more to integrate sustainability into our governance structures and business processes, so that it informs our strategic and operational decisions. In 2020, in line with our new strategy and work to reinvent bp, we reviewed the way we govern sustainability at board and executive level.
We want to create a bp in which all our employees are energised by our net zero ambition and purpose. This requires us to change – to evolve our capabilities, building on the strong foundations we already have.
To reimagine energy, we also need to reimagine digital as it underpins everything we do. In future, we intend to make increasing use of digital technologies to transform the speed and accuracy of the way we monitor performance and trends, analyze data and gain sustainability insights.
Designing for sustainability includes how we make decisions about the digital solutions we create and embedding sustainable design thinking into our processes and operations. Underpinning this, the bp digital design team is developing a sustainable design kit, comprising tailored tools and guidance.
Launchpad – ‘bp’s unicorn factory’ – is supporting our sustainability journey through integrating digital capabilities, and our digital and agility learning portal provides bp employees with a range of learning paths around agility, digital innovation, data visualization, design thinking and leading in a digital age.
Our new sustainability frame is founded on external engagement and collaboration. Many trusted external stakeholders helped us develop our people and planet aims. Input from various stakeholders has also helped us to shape our revised positions and policies. For example, we developed our updated biodiversity position with input and constructive challenge from international nature and conservation organizations and experts including Conservation International, FFI, UNESCO and IUCN as well as investors.
Going forward we will work to deliver our aims by engaging and collaborating with a wide range of stakeholders – from investors and influencers to corporations and NGOs
We understand the value of collaborating and have achieved mutual benefit over many years by working with external organizations. This approach is integral to our sustainability frame and we are looking for allies who can help drive progress. We are thinking beyond conventional collaborations with others in our industry and forging relationships beyond our sector with businesses including Qantas, Microsoft and Uber.
Find out more about our approach to reporting, including our ESG datasheet, HSE charting tool, reporting standards and frameworks, materiality assessment and TCFD disclosures
Our reporting centre brings together all of our key reports, policies and performance data, including our annual report and ESG datasheet