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JOURNEY TO THE LEVELLING UP GOALS

BP’S SOCIAL MOBILITY & LEVELLING UP CONTRIBUTIONS

BP’S CONTRIBUTIONS TO SOCIAL MOBILITY EXTEND BEYOND ITS WORK TO PROGRESS THE ENERGY TRANSITION.

It has a long and proud history of creating significant economic value, opportunities, and jobs – both directly and through a ripple effect in its supply chains. BP’s investment in and efforts on social mobility in traditional cold spots8 -- such as Teesside -- will help renew communities, inspire the next generation, and support the workforce in developing the right skills, as well as providing fair access to job opportunities and decent work. These contributions span four areas – Renew, Inspire, Skill and Employ – which form our social mobility framework for action, and align to nine of the Levelling Up Goals.

BREAKING DOWN BARRIERS

BP’S CONTRIBUTIONS TO DATE

RENEW

SUPPORT COMMUNITY REGENERATION AND RENEWAL PROCESSES

9

INSPIRE

THROUGH EDUCATION AND OUTREACH WITH THE NEXT GENERATION OF TALENT

2 4

SKILL

BUILDING SKILLS FOR THE FUTURE AND FOR THE ENERGY TRANSITION

3 13

EMPLOY

PROVIDING FAIR ACCESS TO JOB OPPORTUNITIES AND DECENT WORK

5 6

8 14

1Strong Foundations in Early Years 2 Successful School Years

3Positive Destinations

Post-16 4 Right Advice and Experiences

5Open Recruitment 6 Fair Career Progression

7Widening Access to Savings and

Credit 8 Good Health and Well-Being

9Extending Enterprise 10 Closing the Digital Divide

11 Infrastructure For Opportunity 12 Building Homes & Sustainable Communities

13 Harness the Energy Transition 14 Achieve Equality, Through Diversity & Inclusion

RENEW

BP HAS A RICH HISTORY OF ENGAGING COMMUNITIES. THIS WORK IS A SOURCE OF PRIDE FOR BP’S PEOPLE AND A CORE PART OF ITS PURPOSE. THROUGH THE TRANSITION TO AN INTEGRATED ENERGY COMPANY, BP WILL CONTINUE TO SUPPORT COMMUNITY RENEWAL.

SUPPORTING ENTERPRISE IN THE COMMUNITY

BP’s impact on communities extends beyond its direct workforce.

In recent years BP has spent £7.1 billion with UK companies, supporting over 90,000 jobs in total – that’s one in every 364 jobs in the UK.9 BP has invested in specific initiatives to support entrepreneurship and supply chain development in the UK – including co-funding the TechX Clean Energy Accelerator run by the Net Zero Technology Centre in the North Sea. As BP grows its business, it is also driving an ambitious local content agenda (sourcing locally where it can). In Teesside, BP has engaged with the supplier community during the early stages of these projects. As part of NZT Power, BP involved pre-selected FEED (front end engineering design) contractors who are actively invested in skills development in the supply chain.

ADVANCING A COMMUNITY-CENTRIC JUST TRANSITION

BP is deepening its understanding of social mobility and a just transition to inform its wider work in this space.

Together with the Council for Inclusive Capitalism, BP has co-led the Just Transition Workstream. This involved bringing CEOs from energy-intensive companies, investment firms, academic institutions, and civil society organisations together to discuss how to help workers, communities and customers share the benefits of the energy transition. This resulted in the Just Energy Transition Framework for company action and a learning hub to share good practices.

In the UK, BP has co-funded research with Business in The Community (BITC) and other partners to gain a shared understanding of the challenges and opportunities associated with a just transition.

These findings are shaping BP’s thinking on community co-creation and participation. For example, BP has activities embedded into its plans in Teesside to support community renewal and have already conducted extensive engagement in the region to inform other plans.

Net Zero Teesside Power (NZT Power) is expected to be the world’s first commercial scale gas-fired power station with carbon capture and the hub of a decarbonised group of industries on Teesside who will share the CO2 transportation and storage infrastructure being developed by the Northern Endurance Partnership to serve the East Coast Cluster.

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