Answer to Question #195055 in Finance for kajal

Question #195055

we are all concerned with the serious health impacts of the escalating pollution problem in a country like India where regulation oversight is comparatively lax and penalties and punishment too few and far ? Identify and select any one pollution reducing/mitigating initiative practiced and embedded in its business by a listed company that impresses you. explain this initiative along with the short term and long term positive impact of the same on the environment and people.

Expert's answer

The location of the British petroleum company is United Kingdom and deals with the production of oil and gas. The company is committed to a net_zero emissions by applying mitigation initiatives such as the installation of equipment which reduce methane emissions and increase investments into low carbon energy forms. The initiative is to ensure quality air in the environment which increase health to the residents. It helps slow down climate change as it prevents drastic weather events by creating a conducive environment. It creates a safe haven for the residents and the company. The company leads to cost-saving and stakeholder relations since the investors defer from investing on carbon-producing companies to proactive companies with their management of greenhouse emissions

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