GPB Global Resources is a company that after a 2011 restructuring was founded by the managing director Boris Ivanov. He decided that he wanted a company that cares about others, and helps the communities that they affect. Examples of this are in the following paragraphs from articles below.
Many countries in Africa don’t have laws that pertain to extracting oil, and that has many oil companies salivating. However, these companies that are looking for this opportunity rarely get it because they only want to follow the basic fracking regulations set by their home country.
The reason that GPB Global Resources gets these jobs is because they make safe practices safer, and give back to the community while their drilling and even after they leave. This article goes over how GPB Global Resources builds roads, power plants, schools, and medical facilities for these countries they help. He also foresees a trend in oil use going down within a half a century, but wants products to use oil, and be eco-friendly at the same time.
He pays particular attention to global politics, regulatory, technological, and social trends and the impact it has if they want to stay ahead of the competition.
Tree Planting in Ethiopia
Ethiopia on July 29, 2019 shattered the previous recorded of trees planted in a single day which was held by India at 50 million trees. However, Ethiopia planted 7 times that in a 12-hour summer day with 350 million trees planted, and that was due in part to the help from GPB Global Resources. They gained global news coverage and gained help from the United Nations and the African Union and the Foreign Embassies within Ethiopia.
Recently, the Ethiopian Prime Minister Abiy Ahmed had created a project called the Green Legacy Initiative, where nonessential government personal can take off of work and help plant trees on tree-planting days. However, GPB’s help was given because of a contract they signed with the Prime Minister that they promised to help with water, food, the building of school and hospitals, medical supplies, and community projects. GPB not only helps but exceeds the expectations of the Ethiopian government every time they help them out by identifying more problems that GPB can fix within Ethiopia.
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