Plus   Neg

BP Still Aims For Net-zero Emissions By 2050 Or Sooner

BP plc (BP.L,BP_UN.TO,BP) still aims to become a net zero company by 2050 or sooner which covers the greenhouse gas emissions from its operations worldwide.

At the Annual General Meeting, BP's Chairman Helge Lund said that the company has ten aims underpinning ambition.

The Chairman also said global trade has slowed, businesses have gone under, jobs have been lost as billions of people experience lockdown due to the COVID-19 pandemic.

Helge Lund said, "..we have a new CEO, Bernard Looney, who joins us today. And now, like Bob before him, Bernard has the full backing of the board."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Ford has revived the iconic Bronco brand after a gap of 24 years, this time as a dedicated off-road brand aiming to take on Fiat Chrysler's Jeep Wrangler, the dominant vehicle in the off-road category. Ford has introduced three new vehicles under the all-new Bronco brand as a 4x4 family of rugged SUVs under the tagline, "Built Wild". 3M Co. is teaming with researchers at Massachusetts Institute of Technology or MIT to develop a new rapid antigen test that detects the COVID-19 virus. The research, being conducted at the pilot lab facility at 3M's headquarters in St. Paul, Minnesota, is to learn if a simple-to-use, diagnostic device can produce highly accurate results within minutes and is feasible to mass manufacture. Retail giant Walmart has teamed up with the U.S. Department of Agriculture (USDA) to enable customers who pay for groceries with SNAP benefits, to gain access to Walmart's pickup and delivery service. Nearly 3,000 Walmart stores in 39 U.S. states are now offering customers receiving SNAP benefits through their Electronic Benefit Transfer (EBT) card to complete payments using the EBT card.
Follow RTT