Union Carbide
Q #1 The factors I would consider in setting a just financial compensation for each of the victims are as follows:
* Compensation for dead victims be paid according to the standards of death compensation to their families.
* Seriously injured victims be paid a month to meet their food, medical needs, living expenses, medical expenses, back pay due to injury.
* Victims with minor injuries be paid as a one time compensation for medical costs and economic hardship.
Q #2 Stakeholder analysis, specifying to the extent or degree stakeholders should be held responsible for the accident.
According to Article 14 of UN Norms, transnational corporations and other business enterprises are responsible for the environmental and human health impact of their activities. The commentary of the article states in detail the concrete measures to be taken in this regard. Article 18 asks on transnational corporations and other business enterprises to make reparations for damages done through their failure to meet the standards spelled out in the Norms. Article 17 asks on states to have in place the necessary legal and administrative framework to give effect to the Norms: States should establish and reinforce the necessary legal and administrative framework for ensuring that the Norms and other relevant national and international laws are implemented by transnational corporations and other business enterprises. Provisions of strict liability must be incorporated into all laws governing industrial operations in each of the South Asian countries, and criminal law must be appropriately amended to put adequate penalties and deterrents in place. The government’s specific responsibilities in such matters need to be clearly defined and incorporated into law. It is only such changes that can provide a fitting memorial for the dead victims of Bhopal – and provide hope for the living. (Everest)
Q #3 Union Carbide should still be held accountable for the accident and be
* Compensation for dead victims be paid according to the standards of death compensation to their families.
* Seriously injured victims be paid a month to meet their food, medical needs, living expenses, medical expenses, back pay due to injury.
* Victims with minor injuries be paid as a one time compensation for medical costs and economic hardship.
Q #2 Stakeholder analysis, specifying to the extent or degree stakeholders should be held responsible for the accident.
According to Article 14 of UN Norms, transnational corporations and other business enterprises are responsible for the environmental and human health impact of their activities. The commentary of the article states in detail the concrete measures to be taken in this regard. Article 18 asks on transnational corporations and other business enterprises to make reparations for damages done through their failure to meet the standards spelled out in the Norms. Article 17 asks on states to have in place the necessary legal and administrative framework to give effect to the Norms: States should establish and reinforce the necessary legal and administrative framework for ensuring that the Norms and other relevant national and international laws are implemented by transnational corporations and other business enterprises. Provisions of strict liability must be incorporated into all laws governing industrial operations in each of the South Asian countries, and criminal law must be appropriately amended to put adequate penalties and deterrents in place. The government’s specific responsibilities in such matters need to be clearly defined and incorporated into law. It is only such changes that can provide a fitting memorial for the dead victims of Bhopal – and provide hope for the living. (Everest)
Q #3 Union Carbide should still be held accountable for the accident and be
References: Wadhwa & Company Nagpur, 24th edition,2007 Lexis Nexis Butterworths, 9th edition,2006 R.K. Bangia, Allahabad Law Agency, 2006 Subhash C. Kashyap, National Book Trust, 2004 Larry Everest, Banner press,1986