Name: BP gets it (finally)
Brand: Wood Mackenzie
SKU: 125438
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Author: Wood Mackenzie

Insight 13 February 2020

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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BP unveiled its new strategy for carbon yesterday. It was a big moment for the company, and for the broader oil and gas industry. Others have made bold commitments on carbon. But no company of BP’s scale has gone as far, or has committed so unequivocally, to fundamentally transforming itself in the face of energy transition. Two decades from now, BP will be unrecognisable from the company it has been for the past 110 years. If anyone was still in any doubt about which way the wind is blowing for oil and gas, this should settle it.</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

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        <a href="#46863b6f-fdb9-4e79-bcc1-a2a9594cd805" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="46863b6f-fdb9-4e79-bcc1-a2a9594cd805" aria-expanded="false">
            The ambition
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        <ul id="46863b6f-fdb9-4e79-bcc1-a2a9594cd805" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        BP stands alone among the Majors
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    <li class="push-quarter--bottom">
        How will it get there?
    </li>

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        <a href="#4f421d53-e381-4f11-93c6-de7a2f1018a0" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="4f421d53-e381-4f11-93c6-de7a2f1018a0" aria-expanded="false">
            The message
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        Light-bulb moment or capitulation?
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<li class="list__item-toggle font-semibold">
        The verdict
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<li class="list__item-toggle font-semibold">
        The carbon ambition arms-race
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<h3 class="alpha push-half--bottom ">What's included</h3>
<p class="push-half--bottom ">This report contains:</p>
<ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >BP gets it (finally)</p>
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