MASHINIi

BP PLC.

BPE5.XETRA | Extraction of crude petroleum

BP PLC is a global energy company with operations spanning oil and gas exploration and production, refining, and marketing. The company explores for, develops, and produces crude oil, natural gas, and natural gas liquids. It also refines, transports, and markets petroleum products and provides relat...Show More

Ethical Profile

Mixed.

BP PLC faces scrutiny over its ethical record, with over $34 billion in environmental penalties since 2000, including those related to oil spills and air pollution. The 2010 Deepwater Horizon spill allegedly led to long-term health issues for cleanup workers, and its Whiting refinery has been linked to releasing benzene, a known carcinogen. Critics also point to flaring emissions in Iraq reportedly causing high cancer rates. While BP invested $197 million to reduce pollution at Whiting and reduced Scope 1 and 2 emissions by 38% since 2019, its $10 billion annual oil and gas spending significantly outweighs its $3.7 billion investment in transition growth. Reports also indicate a strategic reset reducing renewable energy focus. The company's U.S. defense contracts increased from $1.04 billion in 2010 to $2.51 billion in 2012, though it contributed $2 million to mine clearance in Ukraine.

Value Scores

Better Health for All-60
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing-30
-100100
Honest & Fair Business0
-100100
Kind to Animals-20
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-60
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

-60

BP's core business activities, primarily oil and gas, cause severe and widespread negative health impacts. These include multiple catastrophic safety incidents, such as the 2005 Texas refinery explosion (15 fatalities, 170 injuries)

1
, the 2010 Deepwater Horizon disaster (11 fatalities)
2
, and a 2025 Ohio refinery explosion (2 fatalities).
3
In 2024, there was one fatality in BP's bioenergy business and three employees suffered life-changing injuries.
4
The company has faced billions in penalties for oil spills, air pollution (including benzene and VOCs linked to cancer and respiratory issues), and water contamination (MTBE).
5
Gas flaring in Iraq has been linked to cancer rates three times higher than official figures, with benzene levels three times the national limit.
6
The Deepwater Horizon cleanup was associated with a higher likelihood of hypertension in 12% of 8,351 workers.
7
These widespread harms from its principal goods and services result in a -100 tier for health impact core and harmful revenue share. BP has a history of disputed reporting of emissions, including claims of unreported gas flaring, and alleged downplaying of health risks through selective air monitoring, leading to a -90 tier for risk transparency. The company's operations generate severe negative health externalities, including 96 oil spills in 2024, resulting in a -100 tier.
8
BP's core operations disproportionately affect low-income and marginalized populations, such as those living near the Rumaila oil field in Iraq, described as a 'shadow town' lacking basic services.
9
While BP's Health Equity Accelerator program provided grants to seven organizations and supported a Warm Home Prescriptions program, the significant negative impact on vulnerable populations from its core business places it at -70 for vulnerable reach.
10
The total social investment spend was $76 million in 2024, which is minimal relative to the company's revenue, placing health equity programs at -90.
11
BP invested $197 million in new technology to reduce pollution at its Whiting refinery and implemented AI to reduce driver distraction events by 89% and tailgating by 75% between December 2023 and December 2024.
12
These are preventative health measures, placing it at -60 for preventative health measures. However, this capital allocation for health improvement is minimal compared to total capital expenditure, placing health innovation investment at -90. BP provided funding for humanitarian relief in Israel-Gaza, Poland, Valencia, the US, Brazil, and Europe in 2024, indicating a comprehensive crisis response system, placing it at -60 for global health crisis response.
13
More than 50% of group leaders completed Healthy Minds training, and the Health Equity Accelerator program supports psychosocial assistance, placing mental health initiatives at -60.
14
BP's internal training programs for employees, such as 1.2 million hours of formal learning and Healthy Minds training for group leaders, do not align with strengthening external healthcare workforce capacity or public health education, resulting in a 0 tier for healthcare workforce support and healthcare education.
15
The company does not offer health-related products, so price accessibility is 0.

Fair Money & Economic Opportunity

0

The provided articles, which focus on investor relations, bp Ventures, and sustainability strategy, explicitly state that they do not contain any specific data or metrics relevant to the 'Fair Money & Economic Opportunity' value or its associated KPIs. Therefore, no KPIs can be scored based on the evidence provided.

Fair Pay & Worker Respect

0

BP's CEO-to-median pay ratio is 143:1, meaning it would take the average UK worker 143 years to earn the same as the CEO's 2024 pay of £5.4 million.

1
The company reported a Recordable Injury Frequency (RIF) of 0.297 injuries per 200,000 hours worked for employees and contractors in 2024.
2
In 2024, there was one fatality at its bioenergy business in Brazil and four life-changing injuries.
3
The company's overall employee engagement score from its 2024 Pulse annual survey was 70%, a three-point decrease from 2023.
4
In 2024, approximately 250 employee separations resulted from non-conformance with the company's code, and over 2,800 concerns were reported, with about 60% relating to bullying, harassment, and discrimination.
5
BP also faced an employment discrimination penalty of $5,400,000 in 2012 and multiple workplace safety or health violations with penalties ranging from $332,250 to $50,610,000 between 2005 and 2012.
6
The company offers all employees access to its wellbeing platforms, including regional health hubs, and launched a domestic abuse policy for UK employees.
7

Fair Trade & Ethical Sourcing

-30

BP conducted internal due diligence for conflict minerals (gold, tin, tungsten, and tantalum) in 2024 and found no reason to believe these originated from the Democratic Republic of the Congo or adjoining countries for products manufactured that year.

1
For supplier diversity, BP Energy Retail Company California LLC reported 0.00% total supplier diversity spend in California for 2023, with 0 diverse suppliers receiving direct spend.
2
Globally, nearly 99% of BP's total third-party spend was with non-diverse suppliers as of March 2022.
3
The company aims to increase annual diverse spend to $650 million for US-related spend by 2025, having reached nearly $470 million in 2023.
4

Honest & Fair Business

0

BP has a group-wide 'Speak Up' system and 'OpenTalk' global helpline, administered by an independent company (NAVEX Global), available 24/7 in over 75 languages, allowing anonymous reporting.

1
The company explicitly states zero tolerance for retaliation and provides regular mandatory training on its Code of Conduct, effective January 2023.
2
Over 2,800 concerns or enquiries were received through these channels in 2024.
3
BP's Code of Conduct explicitly prohibits bribery and corruption, including facilitation payments.
4
The company conducts risk-based counterparty due diligence and bribery and corruption-related audits on a selection of suppliers.
5
Employees must complete an annual certification to confirm adherence to the code.
6
However, BP reported one financial restatement in 2025, revising figures from its 2023 Annual Report.
7
The median time to close customer or stakeholder ethics complaints is approximately 90 days, though more complex cases may take longer.
8
While OpenTalk is administered by an independent company, and third-party auditing and verification are mentioned for drilling operations, the overall extent of independent verification of ethical claims is not quantified beyond these specific instances.
9

Kind to Animals

-20

BP has undertaken significant habitat restoration and conservation efforts, including creating over 542 acres of new or restored wetlands, planting over 8 hectares of native forest, and adding more than 5,000 hectares of new or restored native woodland in Scotland.

1
The company committed up to $1 billion for early restoration projects in the Gulf Coast, proposing to restore or create over 2,700 acres of dunes, marsh, and oyster habitat.
2
These initiatives include species-specific programs like the red cockaded woodpecker recovery and tagging of green and hawkshill turtles.
3
Seven projects were developing net positive impact (NPI) plans for biodiversity by the end of 2024.
4
Regarding suppliers, BP expanded evaluation of high-risk tier 1 suppliers, conducted pre-contract evaluations with nearly 420 suppliers, and completed 14 on-site assessments with high-risk tier 1 suppliers.
5
The company aims to influence and promote collective action on biodiversity and supports the establishment of the NCS Alliance as a founding member.
6
BP also participates in industry groups like the Taskforce on Nature-Related Financial Disclosures Forum and Ipieca’s Biodiversity and Ecosystem Services Working Group.
7

No War, No Weapons

0

The provided articles do not contain sufficient specific, quantitative, or verifiable evidence to score any of the KPIs against the 'No War, No Weapons' ethical value. While some articles mention general policies or commitments related to human rights, trade laws, or ethical conduct, they lack concrete data points such as percentages of company revenue from defense contracts, proportion of revenue allocated to peacebuilding, or specific details on dual-use technology R&D scope. Information regarding military contracts is present as absolute values (e.g., $2 billion in potential deals, $2.51 billion in contracts in 2012), but not as a percentage of total company revenue, which is required by the rubric.

1
Similarly, a $2 million donation to HALO Trust for mine clearance is mentioned, but not as a proportion of revenue.
2
Therefore, all KPIs are omitted due to a lack of direct, scorable evidence.

Planet-Friendly Business

-60

BP's total Scope 1, 2, and 3 emissions were 355.6 MtCO2e in 2024, comprising 32.8 MtCO2e for Scope 1, 0.8 MtCO2e for Scope 2, and an estimated 322 MtCO2e for Scope 3 from upstream oil and gas production.

1
The company states it believes its net zero ambition and aims are consistent with the goals of the Paris Agreement, but no SBTi-validated targets are mentioned.
2
In 2024, BP's recycling and recovery rate was 47%.
3
By the end of 2024, seven projects were developing net positive impact plans for biodiversity, and a pipeline replacement project in Trinidad is implementing its plan with potential to reforest 4-5 hectares.
4
BP supports the Kafue-Zambezi Community Forest Project (KZCFP) in Zambia, a community-led REDD+ initiative.
5
The company has incurred over $36.4 billion in penalties since 2000, with $34.5 billion related to environmental offenses, including $32.6 billion for oil spills.
6
BP has a net zero target for Scope 1 and 2 emissions by 2050 or sooner, and for the average lifecycle carbon intensity of energy products sold by 2050 or sooner.
7
BP considers its climate-related financial disclosures to be consistent with all TCFD Recommendations and Recommended Disclosures.
8
The company conducted an analysis to test the resilience of its strategy to different climate-related scenarios.
9
BP provides growing disclosure of climate-related assets at risk and outlines its management approach. In 2024, 11% of total freshwater withdrawals and 20% of freshwater consumption were from regions with high or extremely high water stress.
10
BP is making progress towards its target for all own-brand food packaging in Europe to be reusable, recyclable, or biodegradable by 2025.
11
The company has a basic climate justice program emerging with pilot projects and is developing just transition plans for select assets or regions.
12

Respect for Cultures & Communities

0

No specific quantitative data was found in the provided articles to score any of the KPIs related to Respect for Cultures & Communities.

1
While BP's policy commits to respecting human rights, including those of indigenous peoples,
2
and mentions social investment,
3
the articles do not provide concrete metrics such as the number of formal partnerships, percentage of revenue reinvested locally, cultural appropriation incidents, cultural impact assessment protocol implementation, local employment ratios, grievance mechanism coverage, FPIC participation rates, or cultural preservation investments.
4

Safe & Smart Tech

0

No evidence available to assess BP PLC on Safe & Smart Tech.

Zero Waste & Sustainable Products

-40

BP PLC's waste recycling and recovery rate was 47% in 2024.

1
The company increased the recycled content to 50% in a range of high-density polyethylene (HDPE) plastic bottles for Castrol branded products.
2
In 2024, the company generated 193.1 kt of hazardous waste, recovering 88.4 kt offsite and disposing of 104.7 kt offsite.
3
In 2023, BP Products North America Inc. received a $381,270 penalty for a hazardous waste violation, specifically misclassifying hazardous waste, which led to further transportation and disposal violations.
4
BP has a target for all its own-brand food packaging in Europe to be reusable, recyclable, or biodegradable by 2025.
5
The company helped an EV-charging equipment supplier in Australia develop a sustainability strategy to reduce packing waste and assisted a supplier in achieving ISO 50001 certification for a warehousing facility in its North Sea region.
6

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.