BP Solar Information Review

BP, formerly British Petrol, has undergone a transformation in recent years in favor of environmental sustainability. It has even changed it's name (in 2000) to simply BP which stands for Beyond Petroleum and is being used as a slogan. Along with the renaming the logo has changed to a green and yellow sunburst. As the worlds third largest energy company (and one of the largest private oil companies) this name change signifies a transition to more sustainable methods of energy production. The most recent example of this is BP partnering with the Home Depot to sell solar panels for residential use.

british-petrol-logo.jpg
In 1980 BP purchased Lucas Energy Systems along with Amoco (and Solarex) in 2000 which makes it one of the the worlds leading producer at nearly 20% market share. These acquisitions have allowed BP to begin placing panels on top of some of their gas station canopies as well as enter into the Home Depot partnership mentioned above.

beyond-petroleum-logo.pngIn many ways BP has been a beacon of hope for sustainability in energy production but we feel that it is also important to draw attention to some of the misshapes that BP has had over the years as well. While it's solar program is a welcome step in the right direction many have accused BP of "greenwashing" when it changed it's name and purchased Amoco in 2000. These accusations are based in part on it's being named one of the ten worst corporations in 2001 and 2005 based on both human rights and environmental practices. Furthermore, in 1991 BP was labeled as the number one poluting company in the US based on data from the Environmental Protection Agency.

We here at Solar Power Authority are optimistic about the future of BP. It isn't easy to move a company this size in a completely new direction - there are bound to be some snags. Even if there is some greenwashing going on it still signifies that the company recognizes consumer preferences and is acknowledging those opportunities.
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This page contains a single entry by Court Rye published on July 15, 2008 10:04 AM.

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