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Climate | 16 May 2017

Letter to BP: Potential legal risks of corporate reporting regarding oil demand forecast to 2035
Climate
Climate finance

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Letter to BP: Potential legal risks of corporate reporting regarding oil demand forecast to 2035

ClientEarth has written to BP, pointing out areas of potential legal risk in current demand forecasting.

In our opinion, there is evidence that suggests that information provided by BP to investors
• does not adequately address downside risks (as identified by independent expert
analysis) which would depress oil demand growth; and consequently
• may provide investors with a misleading impression of the future viability of the business.