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Acquisitions and divestments

Powering Progress sets out our strategy to accelerate the transition of our business to net-zero emissions, purposefully and profitably, by 2050.

We take care to invest responsibly in the energy transition and screen our investments against multiple criteria.

Before acquiring or divesting a business, we assess the counterparty’s financial strength; operating culture; policies governing health, safety, security and environmental performance; ethics and compliance; and the effectiveness of its social performance programmes.

Where relevant, we also share our emission reduction plans, including how we seek to comply with regulations and implement our commitments, for the buyer’s consideration as they prepare to take over ownership.

Read more about how we divest at