Energy Transition through Supply Chain Integration
The global carbon budget is finite and running out. Like others, bp knows that dramatic changes are needed to deal with that. The world wants and needs us to be greener, and that’s what makes change possible. In 2020 bp announced its new strategy to be an Integrated Energy Company (IEC). Two years into the journey from Integrated Oil Company (IOC) to IEC, bp’s low carbon energy procurement team has delivered world-class supply chain solutions through supply chain integration and collaboration with renewables industry leaders, introducing supplier development programs for local suppliers resulting in major offshore wind lease awards.