Ten years on from BP’s oil spill: Tragedy of the (Deepwater) Horizon

It was a milestone for ESG, but how far has shareholder engagement come since, asks Carlos Tornero

On 15 April 2010, just 5 days before BP’s infamous Deepwater Horizon oil spill occurred, the recently appointed chairman of the British oil major made remarks about the importance of long-termism at his inaugural AGM.

Carl-Henric Svanberg, now at Volvo, told shareholders that BP r…

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