It believes it can, and should, play a part in addressing and resolving many of the issues associated with sustainable development. It also accepts that while the company can be part of the solution, it cannot and should not be the whole solution. Governments, companies and civil society must fins effective ways of working together. Alongside the standard financial figures, BP reports its own greenhouse gas and other emissions, oil spillages, employee satisfaction, days lost through injury at work, and community investment across the world. On the question of the impact of oil usage, Sir John Browne argues that hydrocarbons are crucial to the economic success of the world.
Renewable energy holds great long-term potential.
For the moment, however, there are no viable substitutes for hydrocarbons. Those companies, he continues, that can supply the resources the world needs, and do so in ways that meet public concern about the environment, are well placed to deliver exceptional returns to their shareholders. BP's policy statement commits the company to ambitious and wide-ranging business principles. The company's reporting seeks to illustrate how the company is meeting these commitments in a manner that supports the profitability of the business. What we stand for A good business should be both competitively successful and a force for good.