The oil giant’s new focus on fossil fuels signals another defeat for environmental, social and governance aims and has angered campaigners
In early 2020, Bernard Looney had one clear goal as the incoming chief executive of BP: to convince the world to see the oil company differently. For a time, he did exactly that.
In a glossy, high-concept London campaign launch, the BP boss set out 10 new aims for the company, the most significant being BP’s transformation to a net zero energy company by 2050.
