Amongst other factors, this process takes into consideration the social, political, cultural and human rights context of the country using a 20-year planning horizon. Market and shareholder risks are also important factors in the process, as are potential reputational risks. The process involves a select number of internal staff from business units and the corporate centre, as well as external experts. The Rule of Law BP Amoco respects the rule of law, recognising the hierarchy of international, regional, national and local laws. The company supports the establishment of the rule of law.
Sound laws create greater investment certainty and reduce risk.
Resolving conflicts The Relationship Policy guidelines are more explicit in committing the company, as part of its relations with governments, to work in partnership with others to resolve tensions or conflicts arising between international expectations on human rights and local or national practice. BP Amoco views this commitment as part of its mandate to make a constructive contribution to society. Ultimate step of disinvestment Where human rights abuses are of concern, BP Amoco s preference is to stay and engage rather than disinvest. The two main exceptions says David Rice, Director of BP Amoco s Government and Public Affairs Policy Unit, are where our ability to maintain the safety and security of employees is compromised, and where it becomes impossible to operate in accordance with business policies .