BP PLC (NYSE:BP)

$ 28.79 0.04 (0.14%) Market Cap: 75.65 Bil Enterprise Value: 123.71 Bil PE Ratio: 30.27 PB Ratio: 1.23 GF Score: 67/100

BP PLC Capital Markets Day - Day 2 Transcript

Sep 15, 2020 / 12:30PM GMT

Release Date Price: $19.66 (-0.91%)

Transcript

Dev Sanyal

BP p.l.c. - EVP of Gas & Low Carbon Energy

Hello, and welcome, everybody. I'm Dev Sanyal, Executive Vice President for Gas and Low Carbon Energy. Thank you for joining us on our second day of presentations.

Yesterday, you heard about BP's 2020 Energy Outlook and our new sustainability frame, along with our plans to reinvent BP. Today, we are looking more clearly at our 3x3 strategy. Carol and William will talk about our plans for integrating energy systems and partnering with countries, cities and industries, while Emma will discuss convenience and mobility, 1 of our 3 focus areas. Before that, I'll talk about our low carbon electricity and energy businesses and how they support the delivery of BP's ambition.

I know there are a number of questions about our low carbon businesses. I will address 4 of these during my presentation today: Why BP? What is our renewables pipeline? What are our expected returns? And finally, can we execute?

Before we look at the opportunity ahead of us and why I'm excited about this, I'd like to make a point on safety. Safety is our

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