BP in Angola Sustainability Report 2010 (pdf, 3860KB)

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Scope of report This report covers the activities of BP Angola, focusing on performance in 2010 while providing information on developments in 2011. It has been prepared by our business in Angola, based in Luanda. Data is shown for activities where we are the operator, unless indicated otherwise. In the report, references to ‘BP’ and the ‘BP group’ shall mean BP p.l.c., its subsidiaries and affiliates and, unless otherwise stated, the text does not distinguish between the operations and activities of BP p.l.c. and those of its subsidiaries and affiliates. Unless specified otherwise, references in this report to ‘us’, ‘we’, and ‘our’ shall refer to companies in the BP group operating in Angola. Unless otherwise indicated all currency amounts are denominated in US dollars. As with our two previous BP in Angola sustainability reports, this report has been independently verified. An introduction to Ernst & Young’s assurance process We have reviewed the BP in Angola Sustainability Report 2010 in order to provide assurance to BP management that the data, statements and assertions made regarding the sustainability performance of BP in Angola are supported by evidence or explanation. Our scope of work and conclusions can be found on page 32. Front cover image Evaristo Manuel, BP Angola Warehouse Coordinator Cautionary statement BP in Angola Sustainability Report 2010 contains certain forward-looking statements concerning the businesses, operations and strategy of BP. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that will or may occur in the future. Actual results may differ from those expressed in such statements depending on a variety of factors including future levels of industry product supply; demand and pricing; operational problems; general economic conditions; political stability and economic growth in relevant areas of the world; changes in laws and governmental regulations; exchange rate fluctuations; development and use of new technology; changes in public expectations and other changes in business conditions; the actions of competitors; natural disasters and adverse weather conditions; wars and acts of terrorism or sabotage; and other factors discussed elsewhere in this document and in BP Annual Report and Form 20-F 2010. Material is used within this document to describe issues for voluntary sustainability reporting that are considered to have the potential to significantly affect sustainability in the view of the company and/or are expected to be important in the eyes of internal or external stakeholders. Material for the purposes of this document should not, therefore be read as equating to any use of the word in other BP p.l.c. reporting or filings. For more information go to bp.com
What’s inside? BP Angola’s sustainability report aims to provide an overview of our operations and performance in 2010 and 2011. We would like to thank the external stakeholders, including nongovernmental organisations, academics and government officials who gave us their views on BP in Angola and what they would like us to report on. These issues included our approach to tackling social challenges, our Angolanisation programme, our response to the Macondo incident, and our work with suppliers and partners. All these topics are discussed in the report. This stakeholder input, as well as media coverage, helped us focus on issues of external concern, especially those which could have an impact on our operating successfully in Angola. Group sustainability reporting bp.com/countrysustainabilityreports IFC 2 3 Scope of report 6 How BP in Angola operates; the performance of our operations and projects and our approach to developing our people 16 Safety management and performance; and progressing towards BP’s operating management system 20 Managing our impact; our objectives, targets and environmental performance 24 Our social investment strategy; working in partnership; our social projects 30 Management introduction The BP Angola region president reviews recent developments and prospects Building long-term value Creating a material, high performing and sustainable business How we operate Safety Environment Society BP Angola in figures Assurance statement 32 Ernst & Young’s conclusions on BP Angola’s reporting BP in Angola Sustainability Report 2010 1
Page 1: BP in Angola Sustainability Report
Page 5 and 6: Building long-term value We are com
Page 7 and 8: Social challenges BP Angola in cont
Page 9 and 10: BP’s strategy - Angola and worldw
Page 11 and 12: Our operations We have been present
Page 13 and 14: Operational performance We are work
Page 15 and 16: Developing our people To create a s
Page 17 and 18: Our code of conduct Our aim of havi
Page 19 and 20: Safety management The lessons we ha
Page 21 and 22: workforce has travelled, on average
Page 23 and 24: Environmental management BP Angola
Page 25 and 26: BP Angola’s principal operations
Page 27 and 28: Building capability We work with a
Page 29 and 30: Community project distribution 1996
Page 31 and 32: increase the number of engineering
Page 33 and 34: Acronyms ACEPA Association of Compa
Page 35: Further resources BP communicates n

BP in Angola Sustainability Report 2010 (pdf, 3860KB)

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