BP is a UK and US registered company that is vertically integrated to search out, extract and supply oil, natural gas and petroleum. Part of the sixth largest non state-owned vitality firms, BP also owns a comfort retailer chain that’s hooked up to their gas stations. It also invests in and provides power from low-carbon and renewable sources, along with being a number one producer of photovoltaic cells. The company was privatised when the British government bought its holdings within the 1980s, and in 1998 BP merged with Amoco.

Income

$246,138m (2009)

Number of staff

83,000 (2009)

Origin of possession

UK

Geographical presence

Operates throughout six continents
Services obtainable in more than one hundred nations

CSR Contact

Elodie Grant Goodey, head of social coverage and sustainability

CSR Report

Sustainability Evaluate 2009, BP Sustainability Reporting 2009 – Environmental administration

Environmental Dangers & Impression

Major environmental impacts include: emissions (including carbon dioxide, methane, greenhouse gases, sulphur dioxide, nitrogen oxide and non-methane hydrocarbon), waste era, water use and environmental pollution.

Environmental Compliance

Operations at BP’s major working sites, are coated by certification to ISO 14001 the newest being the Texas Metropolis Refinery which achieved ISO 14001 in 2010.
BP’s CSR report has been externally audited by Ernst and Young.

Targets & Efficiency

Emissions & Power: Targets localised to countries and sites through which BP operates. In 2009, there has been an increase of 6% over the earlier 12 months in total CO2 emissions; the same improve has additionally been proven for other greenhouse gases. This improve has been defined on account of the intensity of activity associated with the start-up of the Tangguh liquefied natural gas challenge.
Water: In 2009, there was a rise of 5% over the previous yr in water usage.
Waste: In 2009, there has been an increase of 12% over the earlier yr in waste generated.

Highlight – Mono2TM

BP’s newly developed process for growing silicon, Mono2TM, has been proven to convert 18% of sunlight power into power – a comparatively high efficiency degree compared with many mono crystalline cells.

Relationships

Ernst and Young

Update: On the twentieth April BP’s Deepwater Horizon rig within the Gulf of Mexico exploded killing eleven workers and causing an oil spill thought of to be the largest environmental catastrophe in US historical past.

On the fifteenth July 2010 the leak was stopped for the primary time since the explosion which the US authorities estimated was inflicting 1.5m to 2.5m gallons of crude oil to spill into the Gulf every day.
Prior to the spill BP was Britain’s biggest firm, with a inventory market worth Petroleum Equipment of £121bn. However the shares have been hammered in the wake of the catastrophe, with more than £50bn wiped off the corporate’s share worth.