The Norwegian capital fund KLP has put BP on their watch list due to the Deep Horizon oil spill. At the moment is KLP committed with a 17,600,000 Euro investment in BP as of the last quarter of 2010. That number should of cause be related to the 100,000,000,000 USD that the company has already lost in market CAP due in relation to the same crisis and the fact that it has been delisted from the FTSE4Good index.
BrandDirector estimated that the BP brand was worth 17,3 billion USD before the crisis I wonder how much it would be estimated to be worth now? Being the “green” oil company does seem to be very difficult at the moment and if KLD gets out it will just add to the already existing trend within the SRI community.