BP is cautioning investors about certain forward-looking statements made in its announcement regarding new strategy, financial frame, and operations.
The company says these statements involve risk and uncertainty due to factors such as market conditions, consumer preferences, technological advancements, policy changes, and regulatory approvals. This includes potential disruptions from natural disasters, cyber-attacks, wars, and acts of terrorism, as well as the impact on its reputation if it fails to comply with regulatory obligations.
Forward-looking statements relate to future events and circumstances outside the company’s control. They may differ materially from actual results or outcomes due to various factors, including changes in global economic conditions, industry supply growth, and demand.
These cautionary statements apply to various plans and objectives, including those related to the development of low-carbon energy businesses, investments in oil and gas, and acquisitions and divestments. They also cover the company’s sustainability aims, including reducing Scope 1 and 2 emissions by 2030.
Investors should carefully review these statements and consider them as part of their investment analysis.
Source: https://www.bp.com/en/global/corporate/news-and-insights/press-releases/growing-shareholder-value-a-reset-bp.html