BP plc · LSE:BP.
BP — ESG Presentation (September 2011)
10 slides from BP's sustainability presentation, Sep 26, 2011
Slide 1: Environmental & Social Practices
Environmental & Social Practices Dr Liz Rogers Presentation to SRI’s September 26th 2011
Slide 2: Contents
Contents • Purpose of S&OR • Environmental and Social Practices context • Purpose of the Environmental and Social Practices • Contents of Environmental and Social Practices • How the Environmental and Social Practices work • Linkage of Environmental and Social Practices with BP systematic management
Slide 3: S&OR Purpose
S&OR Purpose Safety and Operational Risk S&OR’s purpose is to drive BP-wide safe, reliable and compliant operations The creation of a powerful new independent S&OR organization − Represented on Executive Team − Deployed into the line − Clearer roles, authorities and interfaces S&OR will do this thro
Slide 4: Environmental and Social Practices context
Environmental and Social Practices context External Commitments BP Values - Responsible We are committed to the safety and development of our people and the communities and societies in which we operate. We aim for no accidents, no harm to people and no damage to the environment International Good P
Slide 5: Purpose of the Environmental and Social Practices
Purpose of the Environmental and Social Practices • To help negotiations, major projects (above a certain financial threshold), projects entering new areas and projects that could impact international protected areas to identify potential environmental and social impacts at a very early stage, and t
Slide 6: Contents of the mandatory elements of the E&S Practices
Contents of the mandatory elements of the E&S Practices (‘Group Defined Practice’) Summary, Purpose and Responsibilities Screening Requirements Environmental and Social Requirements: Requirements in a selection of Environmental and Social topic areas Requirements for Negotiations Assurance
Slide 7: How does it work?: four steps
How does it work?: four steps Step 1 (Required): Screen for Potential Impacts (Relevance and Significance) Step 2 (Required): Conform to applicable Requirements Step 3 (Required) : Potential risks to privilege to operate and reputation Assessment of Potential Risks to Environmental and Social Impact
Slide 8: How do the Practices fit within BP's systematic management?
How do the Practices fit within BP’s systematic management? • BP systematically manages potential impacts of projects as well as business risks through an Operating Management System (OMS) • The Environmental and Social Practices are an integral part of OMS and support the delivery of some of the BP
Slide 9: Progress: 46 projects from April 2010
Progress: 46 projects from April 2010 29 12 Upstream AE Early warning for potential impacts identified as • Unintended releases • Sensitive/Protected Areas and species • GHG • Wastewater discharges • Legacy and liability • Freshwater resources • Cultural Heritage 4 1 R&M Shipping
Slide 10: Plans
Plans • Performance reviewed with GORC July 2011 • Executive discussions planned for focus areas • Practices update in development • Consultation in key areas planned or underway e.g. − Protected Areas − Human Rights • Working with others in some areas e.g. − Water and biodiversity tools (IPIECA/ GE