Bp—Deepwater Horizon Case Study Ethics
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BP—Deepwater Horizon Case Study INT1001 Study Skills Module Reading and Writing Skills—Summative Assignment Done by: Mew Hui Ying
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Date: 12 February 2013
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Industry: Oil and Gas
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Company: British Petrol
Contents Page No.
1. Introduction………………………………………………….…….3
2. The Case:
2.1 The Deepwater Horizon Explosion……………………..4
2.2 Key Stakeholders and their Involvement……………....5
2.2.1 Shareholders……………………………………..5
2.2.2 Government……………………………………....5
2.2.3 Fishermen, Activists and Environmentalists…..6
2.3 Ethics and Values……………………………………........7
3. BP’s Solutions and Responses…………………………………..8 3.1 Cleaning up……………………...………………………...8 3.2 Compensation and Restoration………………………….8 3.3 Training of Employees…………………………...……….9
4. Evaluation…………………………………………………………..10
5. Conclusion………………………………………………………….11
6. Sources…………………………………………………………..…12
1. Introduction
To businesses, ethics have always been a grey area. Whilst it is not proven to be profitable to display ethical behavior, the discovery of any involvement in unethical behavior will lead to dire consequences on the company. As such, unethical behavior may have been inherent in certain businesses, but with the changing business landscape, increasing numbers of such actions are now being exposed and campaigned against, making it a concern for businesses today.
Hence, in the light of Corporate Social Responsibility (CSR), this report will be focused on the analysis of the Deepwater Horizon oil spill. Using the incident as a case study, we will be looking at the case, analyzing the solutions undertaken by British Petrol (BP) and evaluating them. This will be done in light of BP’s code of conduct, with an emphasis on ethics.
2.1: The
BP—Deepwater Horizon Case Study INT1001 Study Skills Module Reading and Writing Skills—Summative Assignment Done by: Mew Hui Ying
-------------------------------------------------
Date: 12 February 2013
-------------------------------------------------
Industry: Oil and Gas
-------------------------------------------------
Company: British Petrol
Contents Page No.
1. Introduction………………………………………………….…….3
2. The Case:
2.1 The Deepwater Horizon Explosion……………………..4
2.2 Key Stakeholders and their Involvement……………....5
2.2.1 Shareholders……………………………………..5
2.2.2 Government……………………………………....5
2.2.3 Fishermen, Activists and Environmentalists…..6
2.3 Ethics and Values……………………………………........7
3. BP’s Solutions and Responses…………………………………..8 3.1 Cleaning up……………………...………………………...8 3.2 Compensation and Restoration………………………….8 3.3 Training of Employees…………………………...……….9
4. Evaluation…………………………………………………………..10
5. Conclusion………………………………………………………….11
6. Sources…………………………………………………………..…12
1. Introduction
To businesses, ethics have always been a grey area. Whilst it is not proven to be profitable to display ethical behavior, the discovery of any involvement in unethical behavior will lead to dire consequences on the company. As such, unethical behavior may have been inherent in certain businesses, but with the changing business landscape, increasing numbers of such actions are now being exposed and campaigned against, making it a concern for businesses today.
Hence, in the light of Corporate Social Responsibility (CSR), this report will be focused on the analysis of the Deepwater Horizon oil spill. Using the incident as a case study, we will be looking at the case, analyzing the solutions undertaken by British Petrol (BP) and evaluating them. This will be done in light of BP’s code of conduct, with an emphasis on ethics.
2.1: The