BP CEO calls for pragmatism on green aims as profits halve

Murray Auchincloss says BP's aim' to reduce oil and gas emissions by 20-30% was not confirmed as a target'

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BP's new chief executive has claimed he can stick to the green goals set by his predecessor without risking shareholder returns by adopting a more pragmatic" approach.

However, Murray Auchincloss said BP's previous aim" to reduce oil and gas emissions by between 20-30% from 2019 levels by the end of the decade was not confirmed as a target" - and would only become one depending on a number of final investment decisions ahead.