logo
Plus   Neg
Share
Email

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
Global PC shipments returned to growth in the second quarter of 2020 after seeing a significant decline in the preceding first quarter due to COVID-19 related supply-chain disruptions, according to reports by two research firms. The PC market returned to growth in the quarter as production ramped up and vendors restocked their supplies to near-normal levels. The bankruptcy filing of America's oldest apparel retailer Brooks Brothers has ignited significant interest from potential buyers for the brand. WHP Global and a venture backed by Authentic Brands Group LLC and Simon Property Group, Inc., are reportedly considering bids for the retailer. WHP Global owns the ANNE KLEIN and JOSEPH ABBOUD brands. Sundial Herbal Products has recalled around 65 products, which were misbranded and currently unapproved drugs, the U.S. Food and Drug Administration said in a statement. The recall follows an order by a federal judge in June to stop distributing the company's unapproved new drugs. The affected items include herbal products and dietary supplements.
Follow RTT