BP’s new chief executive has claimed he can stick to the green goals set by his predecessor without risking shareholder returns by adopting a “more pragmatic” approach.
However, Murray Auchincloss said BP’s previous “aim” to reduce oil and gas emissions by between 20-30% from 2019 levels by the end of the decade was not confirmed as a “target” – and would only become one depending on a number of final investment decisions ahead.
