Pollution on the High Seas
Case Title: Pollution On the High Seas
Case Study Specialist for The Center for Sociological and Ethical Responsibility
Executive Summary Since the shipping industry accounts for the transportation of more than 90 percent of the worlds products by volume it’s no wonder the seas are becoming an environmental responsibility of the very companies who use this resource to make money. Many of these companies are using bunker fuel which releases more sulfur dioxide than all of the world’s cars, trucks and buses combined. The most cost effective and simplest solution to this problem is to have shipping companies start using altered bunker fuel which will reduce the nitrogen-oxide emissions effectively reducing air pollution and having the quickest positive impact on the environment.
It has been proven that companies that have developed a Corporate Social Responsibility program are more profitable than those who don’t have a CSR.
The International Maritime Organization is responsible for setting guidelines for shipping companies to follow, however the guidelines are very difficult to enforce.
Introduction
Many cargo and cruise ships face environmental challenges within their business functions. There is the social and ethical responsibility of protecting the environment along with providing cost effective sea faring transportation services. Ships using bunker fuel are creating large amounts of nitrous-oxide emissions which pollute the air, high-grade fuel is available which burns cleaner but is more expensive than bunker fuel.
Key Issues
Issue 1:
Lack of regulation and the ability to enforce environmental protection laws in the sea faring cargo shipping and luxury cruise liner industries is affecting the environment. Environmental agencies are very concerned that the damage to the environment will dramatically escalate. “In 1990 land based sulphur dioxide emissions in Europe were about 10 times higher than sea- based emissions; by 2030,
Case Study Specialist for The Center for Sociological and Ethical Responsibility
Executive Summary Since the shipping industry accounts for the transportation of more than 90 percent of the worlds products by volume it’s no wonder the seas are becoming an environmental responsibility of the very companies who use this resource to make money. Many of these companies are using bunker fuel which releases more sulfur dioxide than all of the world’s cars, trucks and buses combined. The most cost effective and simplest solution to this problem is to have shipping companies start using altered bunker fuel which will reduce the nitrogen-oxide emissions effectively reducing air pollution and having the quickest positive impact on the environment.
It has been proven that companies that have developed a Corporate Social Responsibility program are more profitable than those who don’t have a CSR.
The International Maritime Organization is responsible for setting guidelines for shipping companies to follow, however the guidelines are very difficult to enforce.
Introduction
Many cargo and cruise ships face environmental challenges within their business functions. There is the social and ethical responsibility of protecting the environment along with providing cost effective sea faring transportation services. Ships using bunker fuel are creating large amounts of nitrous-oxide emissions which pollute the air, high-grade fuel is available which burns cleaner but is more expensive than bunker fuel.
Key Issues
Issue 1:
Lack of regulation and the ability to enforce environmental protection laws in the sea faring cargo shipping and luxury cruise liner industries is affecting the environment. Environmental agencies are very concerned that the damage to the environment will dramatically escalate. “In 1990 land based sulphur dioxide emissions in Europe were about 10 times higher than sea- based emissions; by 2030,
References: Griffin, R.W., Ebert, R.J., Starke, F.A., and Lang, M.D. (2011). Business, 7th Canadian Edition, Toronto, ON, Pearson Maersk Line (2010) Maersk Line Environmental Policy, Retrieved October 3, 2010 from http://www.maerskline.com/link/?page=brochure&path=/about_us/environment Carnival Corporation &PLC (2010)Carnival Compliance, Retrieved October 3, 2010 from http://phx.corporate-ir.net/phoenix.zhtml?c=140690&p=irol-hess Environment News Service (2010) Environment News Service, Retrieved October 3, 2010 from http://www.ens-newswire.com/ens/mar2010/2010-03-26-02.html