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  "documentTitle": "BP plc (BP)",
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  "authorName": "Giuseppe Bivona and Marco Taricco",
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  "presentationDate": "2023-10-04 00:00:00",
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  "notes": "The slide serves as a credibility-building narrative, demonstrating the firm's history of influencing corporate strategy toward decarbonization.",
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      "text": "To be entirely clear, we at Bluebell Capital Partners believe that the energy transition, and achieving net-zero emissions, are among the greatest necessities (as well as opportunities) facing this planet.",
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      "text": "To be entirely clear, we at Bluebell Capital Partners believe that the energy transition, and achieving net-zero emissions, are among the greatest necessities (as well as opportunities) facing this planet, and we are supportive of any initiative committed to create a decarbonized world, to be handed on to future generations, and to preserve the environment. Our history as an environmental activist investor speaks by itself.",
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      "text": "As a shareholder of German utility company RWE, on the 16th September, 2021 we urged RWE’s Board to outline an ambitious (50 GW) long-term plan (2022-2030) for the development of the renewable power generation business, supported by an adequate capital plan (€80 bn): we were very pleased with RWE’s announcement on 15th November, 2021 which outlined a transformational long-term plan (2021-2030) to add 35 GW of gross capacity supported by a €50 billion capital plan.",
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      "text": "As a shareholder of Swiss mining company Glencore Plc, on the 8th November, 2021, we urged Glencore’s Board to spin-off the coal business - a business which Glencore is managing in run-off by 2050, a strategy that we fully endorse - in order to fast-forward Glencore’s repositioning as a leading pure player in metals which are core to the green economy transition. Whilst Glencore has (so far) regrettably refused to implement our request, shareholders’ dissent on the ‘Say on Climate resolution’ proposed by management,",
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      "text": "As a shareholder of Danish wind power solution company Vestas Wind Systems A/S, on the 27th February, 2020 we urged Vestas’s Board to evaluate all available options to regain full control/ownership of the 50-50 joint-venture with Mitsubishi Heavy Industries Ltd (MHI), as a necessary step to boost growth and profitability in Vestas off-shore wind turbine division, which is a critical business for the energy transition: we were very pleased with Vestas’s announcement on the 29th October, 2020, of the acquisition of the 50% interest in MHI Vestas Offshore Wind.",
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