BAKU, Azerbaijan, March 6. bp ranks among the best companies across the industry in many indicators in Azerbaijan, bp's Regional President for Azerbaijan, Georgia, and Türkiye, Gio Cristofoli, said during a briefing, Trend reports.
"Let me give you a few examples. The first indicator is what we call reliability, which is the number of days a production facility is operational per year. Naturally, we strive to keep this number as high as possible," he said.
Cristofoli noted that bp, like many other companies, conducts so-called benchmarking—the process of assessing its own performance relative to its industry peers and the broader market.
"It's impossible to objectively determine how well a company is performing without comparing its results with those of other companies.
Therefore, we have a very formalized process: an independent company conducts an assessment to accurately measure our performance and compare it with that of other industry participants," he added.
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