BP plc — Ethics Grade F

BP plc receives an overall ethics grade of F (17/100) on CancelCo's corporate accountability database. Sector: Energy. Market cap: Large Cap.

Category scores

• labor: 30
• privacy: 65
• consumer: 35
• environment: 5
• humanRights: 20

Documented incidents (3)

• Deepwater Horizon oil spill (high, 2010) — Largest marine oil spill in history. 4.9 million barrels spilled into the Gulf of Mexico over 87 days. $65B+ in cleanup and settlements.
• Scaling back climate commitments (high, 2023) — Walked back pledge to cut oil and gas production by 40% by 2030, instead reducing target to 25%.
• Texas City refinery explosion (high, 2005) — Explosion killed 15 workers and injured 180 due to cost-cutting on maintenance and safety. $50M OSHA fine.

Documented good deeds

• Offshore wind investments — Invested $4B in offshore wind and renewable energy projects globally.

Ethical alternatives

• Ørsted — Transformed from fossil fuels to 90% renewable. Global offshore wind leader.