“BP shares our vision for a net zero carbon future, and we are committed to working together to drive reductions in carbon emissions and fulfil demand with new renewable energy sources,” said Judson Althoff, executive VP of Microsoft’s Worldwide Commercial Business. “A strategic partnership such as this enables each organization to bring its unique expertise for industry-leading change and the potential to positively impact billions of lives around the world.”
Earlier this year, BP announced its ambition to become a net zero emissions company by 2050 or sooner, and to help the world reach net zero. By the end of the decade, it aims to have developed around 50 gigawatts of net renewable generating capacity – a 20-fold increase on what it has previously developed, increased annual low carbon investment 10-fold to around $5 billion and cut oil and gas production by 40%.
In January 2020, Microsoft announced its goal to be carbon negative by 2030 and remove more carbon from the environment than it has emitted since its founding by 2050. Today’s announcements build on the potential that both companies see in working together to help deliver a net zero carbon future.
As part of BP’s cloud-first IT approach, the company has extended its agreement to use Microsoft Azure cloud services as a strategic platform. This expands on bp’s existing relationship with Microsoft, which helped accelerate the digitization of bp infrastructure and operations, while Microsoft 365 enabled greater collaboration and remote working productivity during the COVID-19 response.
Microsoft and BP have signed a framework agreement for renewable energy projects that aims to provide renewable energy to help power Microsoft’s datacentres. BP will supply renewable energy to Microsoft across multiple countries and regions including the US, Europe and Latin America. The agreement contributes to Microsoft’s 100% renewable energy goal by 2025.