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  "documentTitle": "BP plc (BP)",
  "authorId": "23_Bluebell_Capital",
  "authorName": "Giuseppe Bivona and Marco Taricco",
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  "presentationDate": "2024-07-23 00:00:00",
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  "notes": "The slide uses a 'ceo-quote-contradiction' framework to contrast the director's stated values with her actions.",
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      "kind": "callout",
      "text": "Senior Independent Director Blanc's lack of engagement reflects a discrepancy with her public rhetoric, which could be interpreted as an abuse of the guardianship privileges afforded to her.",
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      "text": "Senior Independent Director Blanc's failure to engage with us has further eroded our trust and confidence in BP's corporate governance and set a poor precedent for a leading UK company.",
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      "text": "It seems apparent to us, that Senior Independent Director Blanc's lack of engagement reflects a discrepancy with her public rhetoric, which could be interpreted as an abuse of the guardianship privileges afforded to her.",
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      "text": "However, on May 1st, 2024 and again on May 20th, 2024, Senior Independent Director Blanc has declined to meet with us or provide any reasoning on her position. One of the responsibilities of the Senior Independent Director at BP is to 'be available to address shareholders' concerns which have failed to be resolved by the chair, CEO or CFO or for which such contact is inappropriate', which we believe perfectly encapsulates the current state of dialogue between Bluebell and BP.",
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      "kind": "paragraph",
      "text": "With an expectation that the governance responsibilities of a Lead Independent Director role would lead to engagement with a potential whistleblowing shareholder, we mistakenly believed we could rely on her.",
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      "text": "As you know, and as we have pointed out numerous times, we have sought clarifications regarding BP's solar activities at the AGM 2024. However, the Company has to date refused to answer our questions - a stance that can be interpreted as guilty conscience or reflecting implicit weakness.",
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      "kind": "quote",
      "text": "you have a duty. You have a responsibility. With senior positions comes a responsibility to be able to call out",
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      "kind": "quote",
      "text": "you have a duty. You have a responsibility. With senior positions comes a responsibility to be able to call out — Dame Amanda Blanc, The Guardian, 16 December 2023",
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      "text": "21 https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/investors/role-of-senior-independent-director-2020.pdf\n22 https://www.theguardian.com/business/2023/dec/16/aviva-amanda-blanc-gender-equality-uk-business",
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      "kind": "title",
      "text": "BLUEBELL CAPITAL PARTNERS",
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