BP & Qantas Form Strategic Partnership to Advance Net Zero Emissions

Source: www.gulfoilandgas.com 1/27/2021, Location: Not categorized

- BP to become Qantas’ decarbonisation strategic partner
- Intend to collaborate on projects including advanced sustainable fuels, advocacy for further decarbonisation in the aviation sector, renewable power, carbon management and emerging technology
- BP’s first decarbonisation partnership in the heavy transportation sector, progressing bp’s aim to help cities and corporations to decarbonise
- Qantas and bp have both set ambitions to achieve net zero carbon emissions by 2050

An air bp hydrant dispenser vehicle is parked next to a Qantas Boeing 737 aircraft at Brisbane Airport, Australia Qantas and bp announced a strategic partnership to further advance their shared net zero ambitions. Through the collaboration, the companies will work together on opportunities to reduce carbon emissions in the aviation sector and contribute to the development of a sustainable aviation fuel industry in Australia.

The two companies have agreed to explore ways in which bp’s global capabilities, skills and knowledge can support Qantas’ industry-leading sustainability and environmental strategy.

Jointly, the teams will explore opportunities and projects in areas including advanced sustainable fuels, advocacy for further decarbonisation in the aviation sector, renewable power solutions and generation, carbon management and emerging technology.

William Lin, bp’s executive vice president, regions, cities & solutions, said: “At bp, we're focusing on working with corporates in key industrial sectors that currently have significant carbon emissions to manage and need to decarbonise - sectors such as aviation.

“By bringing our complementary capabilities together, we can help each other, and our customers, move at a faster pace on the energy transition journey. We are delighted to have the opportunity to collaborate with Qantas on plans to reach net zero while continuing to deepen our existing relationship.

Frédéric Baudry, president, bp Australia and SVP fuels & low carbon solutions, Asia Pacific said: “This is another move towards our ambition to be a net zero company by 2050 or sooner and help the world to get to net zero. We believe the planet needs everyone working together on this vital cause, and that supporting companies to transition to a more sustainable future means we can all get there faster.

“Forming strong strategic partnerships with leading companies like Qantas is an important way to achieve our shared goals and we are proud that bp is working to provide decarbonisation solutions for customers in Australia.”

“This is another move towards our ambition to be a net zero company by 2050 or sooner and help the world to get to net zero. We believe the planet needs everyone working together on this vital cause, and that supporting companies to transition to a more sustainable future means we can all get there faster."

Frédéric Baudry, president, bp Australia and SVP fuels & low carbon solutions, Asia Pacific
Andrew Parker, Qantas group executive government, industry and sustainability said: “While the COVID crisis has compelled us to make many changes across the business, one thing that hasn’t changed is our commitment to minimising the impact we have on the environment.

“Even though we have been flying a lot less, we’ve actually seen the same proportion of customers choosing to offset their domestic travel during the pandemic – showing that this issue remains top of mind for people.

“Airlines globally have a responsibility to cut emissions and combat climate change, particularly once travel demand starts to return. The Qantas Group has set some ambitious targets to be net carbon neutral by 2050 and while offsetting emissions is a big part of that in the next few years, longer-term initiatives like building a sustainable aviation fuel sector in Australia, are key.

“This strategic partnership is designed to help build on this by leveraging the shared goals, expertise and reach of Qantas and bp to innovate together.”

bp and Qantas are working towards a low carbon future and both companies aim to increase collaboration in this area over time.


Italy >>  9/23/2021 - Eni has launched its first ever Energy Compact - a public commitment recognized by the United Nations - to accelerate progress towards the Sustainable...
United States >>  9/23/2021 - Diamondback Energy, Inc. released its 2021 Corporate Sustainability Report. The online report outlines Diamondback’s commitment to environmental respo...

Canada >>  9/22/2021 - PyroGenesis Canada Inc., a high-tech Company, that designs, develops, manufactures and commercializes advanced plasma processes and sustainable soluti...
Norway >>  9/22/2021 - Fishbones, an alternative well stimulation technology leader in the oil and gas industry, has published findings evaluating the relative carbon emissi...

United Arab Emirates >>  9/22/2021 - Technip Energies and National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging company, have signed a Memorandum of Und...
United Kingdom >>  9/22/2021 - INEOS Grangemouth has announced planned further investment of over £1 billion towards reducing greenhouse gas emissions at its site to net zero by 204...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.