BP eliminates top sustainability role, yielding to investor pressure
BP’s profits experienced a record drop in the past year, posting just US$687 million in Q1 2025.
Oil and gas firm BP has announced that its EVP of Strategy, Sustainability and Ventures Giulia Chierchia will step down in June, and that her role will be eliminated.
Chierchia joined BP in 2020, at the height of the company’s climate commitments. She was a key hire for BP’s renewable ambitions, as it pledged to cut oil and gas production by 40% by 2030, alongside a 35-30% Scope 3 emissions reduction target.
