Dev Sanyal, Executive Vice President and Group Chief of Staff of BP spoke in November 2012 about obtaining a social licence to operate.

He believes that the social licence to operate broadly equates to trust. A company such as BP needs to be trusted in several ways – trusted to deliver the energy to drive economic growth and lift billions out of poverty; trusted to be safe; trusted on the environment; and trusted with regard to its impact on society.

The complete speech can be found here