bp’s Post

Another couple of $Bn of BP Profit this month to add to the $50Bn or so RCOP Profit reported by BP since the BP Pensioner's started to ask 'what about us'? Where has all of this money gone? We've read a lot about BP Share Buy Backs, BP Shareholder Dividend Increases and BP Executive Bonuses but there's still no consideration whatsoever for the BP Pensioners. Let's add a little reminder of what they've got to complain about:-·         # BP refused a BP Pension Trustee request for a BP Pension discretionary cost-of-living increase of 4% in 2023. ·         # BP, again, decided to refuse a BP Pension Trustee request for a BP Pension discretionary cost-of-living increase of 2% in 2024. ·         # BP Pensioners remain stunned by the refusal of BP to approve any discretionary cost-of-living increases in 3 consecutive years of high inflation. ·         # BP Pensioners are due arrears of 11%, which is the total 2021/2022/2023 loss in purchasing power of their BP Pension versus RPI Inflation! #bpPensions

Why do BP pensioners keep commenting on BP posts? Here’s why ⬇️ 🔴 BP has refused every request from its Pension Trustees for modest, affordable cost-of-living increases - increases that wouldn’t cost BP a penny. 🔴 BP has refused to honour a 30-year policy of protecting pensioners from inflation. 🔴 BP has rebuffed repeated calls to meet with pensioner representatives to discuss solutions to this growing crisis. It’s disappointing 😔 that pensioners feel they must raise these issues publicly, but BP’s decision not to engage leaves them no choice. ➡️ Find out more about the pension dispute at bppensionergroup.org

Sorry BP. You cannot convince me that you know what you're doing. You're being run by a Bean Counter, and the CEO and new Chairman know F all about oil and gas. All my shares sold. In my view, others should leave the sinking ship too. I once served with pride aboard that ship, but once you started behaving like the ship was steered by shareholders (and/or woke Board members), and not your loyal present and past employees, I knew you were finished.

Another glossy PR piece from BP, trumpeting virtue while quietly betraying the very people who built the company. I gave 34 years of my life to BP — loyal, proud, and fully committed. I believed in the company’s values. I paid into my pension with confidence, trusting their promise of inflation protection. That trust was shattered in 2022. No warning. No consultation. No communication from trustees or management. Just silence — until they were challenged. Only then did it emerge that the pension increase policy had been quietly scrapped back in 2006. A caring company? Not when it comes to its pensioners. I should also mention they have been unable to provide any proof of having made any change in 2006 despite repeated challenges

Does it also explain bp ‘s decision to apparently break its longstanding promises to UK pensioners and how this aligns with its published corporate values ?

Facts and figures? What about the facts and figures that bp chooses to ignore? In the UK bp continues to reject cost-of-living pension increases for 60,000 former employees. Find out more about the bp Pensions Campaign here: bppensionergroup.org #BPPensions #ageism

Get a grip, bp, on the FACT that you have reneged on pension promises every year since 2022. The FIGURE is 60,000 pensioners let down by your callous choice to withhold consent to below-inflation increases that were parsimoniously recommended by pension trustees. Around 4,000 of those pensioners did not live to see justice done in their lifetimes. It doesn't take much human intelligence, let alone AI, to conclude that bp's behavious towards its own pensioners are utterly shameful.

bp is morally bankrupt

I would like the “facts and figures” about the supposed change in the Pension Increase Policy in 2006-7. It didn’t happen. bp leadership continues to ignore its pensioner community - the news is, we are still here. #bppg #ethicsmatter #codeofconduct

Why do BP pensioners keep commenting on BP posts? Here’s why ⬇️ 🔴 BP has shafted us by Breaking Promises they made to us in our working life. This has seriously dented our income in retirement. Income that we relied on in our lifetime plans. Sadly bp cannot be trusted.