Question
BHP Group Limited (formerly known as BHP Billiton ) is an Australian multinational mining, metals, natural gas petroleum public company that is headquartered in Melbourne.
BHP Group Limited (formerly known as BHP Billiton) is an Australian multinational mining, metals, natural gas petroleum public company that is headquartered in Melbourne.
BHPs current sustainability goal is to: achieve net zero for our operational emissions (Scope 1 and 2 from our operated assets) and we have set goals for 2030 to help tackle Scope 3 emissions by working with our partners in the steel and maritime industries, backed by US$400M of investment under our Climate Investment Program in areas like low carbon steelmaking and low emissions technologies.
As part of these sustainability priorities, and as part of increasing the returns to their investors, BHP has the combined objectives of diversifying investment risk while increasing their investment returns. The company wishes to invest in UK, Japan and France. The three industries selected by the BHP Directors for a AUS$650 million investment are: Airlines OR Banking OR Oil and Gas.
What are the strengths and weaknesses of UK, Japan and Frances banking, oil and gas and airlines industry. Based on this make a recommendation on which industry BHP should invest in and why.
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