We will support the communities where we work to build greater resilience and more sustainable livelihoods. We will focus our social investment in support of our sustainability aims. Through these actions we aim to reach more than one million people. We will also support our workforce through quality jobs with fair conditions.
We operate in communities around the world and want to support them in developing sustainable livelihoods and building resilience. We are taking steps to become more systematic in the way we do so.
Our work to support sustainable livelihoods is guided by three themes that integrate with our aims and connect with our purpose:
Our support for sustainable livelihoods is far-reaching and wide-ranging. It currently includes capacity building through investment in science, engineering and mathematics (STEM) education for young Black South Africans and school pupils in Scotland, support for founders of minority businesses that promote diversity and low carbon technologies in under-served US communities, and a range of initiatives that have reached more than 23,000 people in Azerbaijan, Georgia and Türkiye along the route of the Baku-Tbilisi-Cayhan pipeline.
In the UK, bp is accredited as a Living Wage Employer by the Living Wage Foundation.
We conduct regular reviews across our businesses around the world to establish if our employees are being paid a fair wage – one that meets employees’ basic needs. These reviews are based on Fair Wage Network benchmark data for a typical-sized family and an average number of workers per family. They also consider factors such as local market conditions. In 2023, as in 2022, we paid all our employees a fair wage based on this approacha.
We are doing further work to embed the governance and processes required to systematically monitor whether we are paying employees a fair wage.