We report in accordance with the core option of the Global Reporting Initiative standards.
The provides a framework against which all types of organizations can track and report their economic, environmental and social performance. This standardized approach allows for greater transparency and accountability, as well as benchmarking against previous years’ and peer companies’ performance.
BP draws on the IPIECA/API/IOGP sector-specific sustainability reporting guidance for the oil and gas industry.
The third edition on Voluntary Sustainability Reporting, jointly produced by the two international oil and gas industry associations, IPIECA and IOGP, and the American Petroleum Institute, represents an industry consensus on the most prevalent sustainability issues and indicators for the oil and gas sector. BP played a strong role in its development.
The United Nations Global Compact is an initiative for businesses that aims to align their operations and strategies with 10 principles in human rights, labour, environment and anti-corruption.