BP and Microsoft sign new agreement to target low carbon goals

BP and Microsoft have agreed a new strategic partnership aimed at helping one another achieve low-carbon goals. Under the agreement, ...

Facebook
LinkedIn
X

Subscribe to our daily newsletter

Why? Free to subscribe, no paywall, daily business news digest.

BP and Microsoft have agreed a new strategic partnership aimed at helping one another achieve low-carbon goals.

Under the agreement, BP will supply Microsoft’s datacenters with renewable energy, while the London-headquartered firm will extend a deal to use the US technology giant’s Azure cloud services.

BP said Azure gave it access to machine learning, data analytics, security and other services, enabling it to glean greater insight from its processes and enhance automation.

They will also combine forces to help cities realise their sustainability aims, develop industrial clean energy “parks” and make it easier for consumers to better manage home energy use.

William Lin, bp executive vice president for regions, cities & solutions, said: “‎bp is determined to get to net zero and to help the world do the same.

“No one can do it alone – ‎partnerships with leading companies like Microsoft, with aligned ambitions, are going to be key to ‎achieving this.

“By ‎bringing our complementary skills and experience together, we are not only helping each other ‎achieve our decarbonization ambitions but also creating opportunities to support others on their ‎journey towards reducing carbon emissions.”‎

Earlier this year, bp announced its ambition to become a net zero emissions company by 2050 or ‎sooner, and to help the world reach net zero.

Microsoft announced its goal to be carbon negative by ‎‎2030 and remove more carbon from the environment than it has emitted since its founding by 2050. ‎

Judson Althoff, Microsoft’s Worldwide Commercial Business executive vice president, said: “‎bp shares our vision for a net zero carbon future, and we are committed to working together to ‎drive reductions in carbon emissions and fulfil demand with new renewable energy sources.

“A ‎strategic partnership such as this enables each organization to bring its unique expertise for industry-‎leading change and the potential to positively impact billions of lives around the world.”‎

 

Related Articles

20 payments totalling £1 million paid out by Scottish Enterprise for controversial Moray Flow-Park plans
Starmer says offshore wind auction will deliver billions and jobs for Aberdeen and Scotland
Wood wins contract for world’s first full-scale Iron Nitride magnet plant in Minnesota
Kelton announces new European agency agreement
North Sea oil enters survival mode as windfall tax hits investment
CMA warns fuel margins ‘persistently high’ as new fuel finder scheme set to launch

Other Articles from ABN