Creating social value
We recognize the importance of creating social value in ways that are compatible with the energy transition and we’re determined to do so through our business activities. We make a contribution to societies around the world, as an energy provider, employer, taxpayer, supply chain participant and investor in local communities
Economic value generated?by bp
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As an energy provider
- We provide heat and light for homes, fuel for mobility and power for industry
- Our products and services improve the quality of life for millions of people, helping to lift them out of poverty and to meet their needs and aspirations
Suppliers
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Sourcing goods and services from around 50,000 suppliers
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As a supply chain participant
- We try to procure goods and services from local suppliers whenever practical
- We hold our suppliers to our high standards
- We support ethical employment practices and the fight against bribery and corruption
Employees
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Providing jobs for 70,100 people worldwide
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As an employer
- We create jobs and support local businesses around the world
- We aim to recruit nationally and locally
- We succeed by investing in the professional development of our employees
Governments
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Contributing to economies through the taxes we pay
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As a taxpayer
- We make a direct contribution to economies
- We manage our tax affairs fairly and transparently
- We publish an annual document outlining our approach to tax at?at bp.com/revenuetransparency
Communities
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Supporting efforts to improve standards of living
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As an investor in local communities
- We engage with local communities to provide sustainable benefits
- We invest in sustainable development projects that align with local needs