The Foundation is a non-profit organisation that manages the environmentally acceptable collection, storage and recycling of used lubricating oil in South Africa.
After the government withdrew support for the used oil refining industry in April 1994, major lubricant companies took it upon themselves to help protect the environment against the effects of irresponsible dumping and burning of used lubricating oil, by forming and funding The Rose Foundation.
Since its inception, Foundation members have invested R75.3 million in collecting used oil, building used oil storage depots, manufacturing used oil mini tanks, and environmental awareness advertising.
The Foundation is a unique achievement for the lubricants industry, as the industry players voluntarily formed and financed an organisation to solve an environmental problem. We hope to see lubricant industries in the rest of the world use The Rose Foundation as a model for addressing their own environmental problems.
bp set a new ambition to become a net zero company by 2050 or sooner, and to help the world get to net zero. To deliver the ambition, we will fundamentally reorganize to become more focused, more integrated and to face the energy transition head-on.
bp Southern Africa believes in meaningful and sustainable transformation. Its transformation journey has focused on four key areas.
bp is committed to investing in the communities within which it operates and believes in enriching and impacting these communities meaningfully.