BP’s chief executive had a clear message: “it would be unwise and potentially dangerous to ignore the mounting concern” about the impact of emissions on the environment. His audience nodded in agreement. The speech was delivered in May 1997 by John Browne, two years into his 12-year tenure at the top of the oil giant. Yet, two decades on, BP is under fire for being too slow to tackle climate change. It has been dropped by the Royal Shakespeare Company as a sponsor, and Greenpeace protesters have been scaling its oil rigs in the North Sea. But could that negative image be about to change? Bernard Looney, an affable 49-year-old Irishman, takes the helm on Wednesday and the following week will set out his ambitions for the business, employing 73,000 staff across 78 countries. There are expectations that he will go further than any of his predecessors in his pledges to tackle climate change.
Times 2nd Feb 2020 read more »