Our code of conduct is the cornerstone of our commitment to integrity As Tony

Our code of conduct is the cornerstone of our

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Our code of conduct is the cornerstone of our commitment to integrity. As Tony Hayward, our former group chief e xecutive affirmed: “Our reputation, and therefore, our future as a business, depends on each of us, everywhere, everyday, taking personal responsibility for the conduct of BP’s business”. The BP code of conduct is an essential tool to help our people meet this aspiration. The code summarizes our standards for the way we behave. All our employees must follow the code of conduct. It clearly defines what we expect of our business and our people, regardless of location and background. Ultimately it is about helping BP people to do the right thing. The code includes many examples of how our group values should be applied in specific situations. The level of detail and practical approach signal our determination to embed our values and a culture of integrity more firmly in our group. What does the code cover? The code covers five key areas of our business operations: health, safety, security and the environment fundamental rules and guidance to help us protect the natural environment, the safety of the communities in which we operate, and the health, safety and security of our people employees covering fair treatment and equal opportunity, providing guidance for dealing with cases of harassment or abuse and for protecting privacy and employee confidence business partners providing detailed guidance on giving and receiving gifts and entertainment, conflicts of interest, competition, trade restrictions, money laundering and working with suppliers governments and communities covering such areas as bribery, dealing with governments, community engagement, external communications and political activity company assets and financial integrity containing guidance about accurate and complete records and reporting, protecting company property, intellectual property, insider trading and digital systems 40 From the BP Company website, 2010. 714-017-1 Please note that you are not permitted to reproduce or redistribute it for any other purpose. You are permitted to view the material on-line and print a copy for your personal use until 24-Mar-2021. Purchased for use by Alan Owen on 24-Mar-2020. Order ref F378754. Educational material supplied by The Case Centre Copyright encoded A76HM-JUJ9K-PJMN9I Order reference F378754
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18 Appendix 5 World Energy Demand 41 (link) In the IEO2011 Reference case, world energy consumption increases by 53 percent, from 505 quadrillion Btu in 2008 to 770 quadrillion Btu in 2035. In the near term, the effects of the global recession of 2008-2009 curtailed world energy consumption. As nations recover from the downturn, however, world energy demand rebounds in the Reference case and increases strongly as a result of robust economic growth and expanding populations in the world's developing countries (Figure 12).
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