BP’s role in a lower carbon future
BP is working to make sure our business is sustainable – commercially, environmentally and in a lower carbon future.
The global energy landscape is changing. The energy mix is shifting, driven by technological improvements and environmental concerns. Fast-growing emerging markets are overtaking traditional centres of demand.
The energy transition underway poses a significant challenge – how to meet the world’s growing demand for energy while also reducing carbon emissions. That creates important choices and opportunities for BP and our industry.
We are evolving our strategy – allowing us to be competitive in a time when prices, policy, technology and customer preferences are changing. Our strategy anticipates a range of scenarios to give us flexibility in our approach, rather than pursuing a single view of the future. We believe having a balanced portfolio and a dynamic investment strategy give us the resilience to meet the challenge.