Climate Change

BP

Brands and Associated Companies Castrol AMPM Wild Bean Cafe Aral
InfluenceMap Score
E+
Performance Band
47%
Organisation Score
32%
Relationship Score
Sector:
Energy
Head​quarters:
London, United Kingdom
Brands and Associated Companies
Castrol, AMPM, Wild Bean Cafe, Aral
Official Web Site:
Wikipedia:

BP appears to have a negative and conflicting approach to climate change regulation. Despite some evidence to suggest support for action on GHG emissions, including support for the UN Climate Treaty, BP ultimately does not appear to be aligned with a transition to a low-carbon future and has stressed concerns “including energy security, affordability and international competitiveness” against the case for ambitious GHG emission reductions. BP has communicated these concerns in consultation over the EU’s 2030 climate and energy policies in 2013, and in 2014 appears to have been involved in a legal challenge against the EPA’s authority under the Clean Air Act to enforce GHG emission reductions in the US. In 2015, whilst BP CEO Bob Dudley was publicly communicating support for policies such as a carbon tax and energy efficiency regulation in principle, BP appears to have actively opposed these policies in direct consultation with EU policy makers. Likewise, although BP’s Chairman Carl-Henric Svanberg reportedly used his opening speech to investors at the company’s AGM in April 2015 to talk about energy transition and BP’s support for renewable energy subsidies, investigations by the Guardian newspaper in 2016 appear to demonstrate that BP has previously written to EU policy chiefs requesting that such subsidies be discontinued. Furthermore, despite stating its support for carbon trading in consultations over the revision of the EU Emission Trading scheme, BP also appears to have stressed the threat of carbon leakage when opposing reforms such as the Cross-Sectoral Correction Factor and the Market Stability Reserve, advocating instead for an increased number of free allowances for its industry. More generally, although it supports the substitution of coal with gas, in 2016 BP continued to support the increased role of shale gas and oil sands in the energy mix and in 2015 CEO Bob Dudley expressed the need “to make the case for the necessary role of fossil fuels”, and suggested that high GHG emitting fuels will have a long term future in the energy mix. BP also holds leadership positions in the Australian Petroleum Production & Exploration Association (APPEA), FuelsEurope and the National Association of Manufacturing, organizations that consistently oppose ambitious climate change policy in Australia, Europe, and the U.S. respectively.

QUESTIONS SOURCES Main Web Site Social Media CDP Responses Legislative Consultations Media Reports CEO Messaging Financial Disclosures EU Register
Climate Science Transparency 2 2 NS NS NS NS NS NA
Climate Science Stance -1 1 NA -1 NS -1 NS NA
Need for climate regulations 2 NS NS NS NS 2 0 NA
UN Treaty Support 2 1 NS NS 2 2 NS NA
Transparency on Legislation -1 NA -1 NA NA NA NS 0
Carbon Tax 1 1 NS -2 1 1 1 NA
Emissions Trading 1 1 0 0 NS 1 1 NA
Energy Efficiency Standards NS -2 NS -2 NS 1 NS NA
Renewable Energy Legislation NS -2 NS 0 0 0 NS NA
Energy Policy and Mix 0 0 NS NS 0 0 0 NA
GHG Emission Standards 0 -1 NS -2 -2 NS NS NA
Disclosure on Relationships -2 NS -1 NA NA NA NS -1
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
31%
 
48%
 
29%
 
21%
 
70%
 
17%
 
29%
 
41%
 
32%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.