Corporate Social Responsibilities and Law Contents BP Company Info 3 Deepwater Horizon Oil Spill Event 4 Summary of the Deepwater Horizon Event 5 Stock price before and after Deepwater Horizon 7 Impact on Stakeholders 8 BP’s Oil Spills and Corporate Social Responsibility 9 Inadequate disclosure on the oil spill event 11 Recommendations for BP to get reputation back 13 Conclusion 14 BP Company Info BP is a global oil and gas company headquartered in London‚ United Kingdom
Premium Petroleum Oil spill Exxon Valdez oil spill
For many oil companies‚ the Gulf represents some of their most profitable and promising properties. The White House is seemingly making an increased show of pressuring BP‚ but President Obama is facing political heat from within his own party for what some say has been a lackluster response to the oil spill in the Gulf of Mexico. Since the spill began‚ there has been some intense political debate regarding BP’s responsibility‚ the government’s response‚ and the extent of the environmental damage
Premium
as they might‚ no person is perfect‚ and accidents do happen. When engineering disasters happen there are many factors that may be involved‚ such as human factors‚ design flaws‚ extreme conditions‚ and materials failures. When these things do happen it is important to look at the ethical aspect of each part of the failure and try to analyze if any one person could be put at fault. One very famous and very disastrous engineering failure was when the “unsinkable Titanic” hit an iceberg and sank.
Premium Utilitarianism Pleasure RMS Titanic
Of Mexico 2010 Biggest Oil Spill in History Jennifer Fuenzalida Jorge Luis Torres Ignacio Muñoz Santiago Duque AGENDA Brief Facts About the Biggest Oil Spill in History BP’ s Communication Strategy Result of BP’s Communication Strategy How Should this Crisis Have Been Managed? Timeline BP History of Disasters 1908 UK: British Petroleum‚ is an energy company‚ dedicated to the production of oil and natural gas. April 6 Texas City: Explosion in Texas City & a spill of 244 tons of chemical
Premium Petroleum Oil spill
Board of Directors Presentation Global Management Darleen Busot MGT/230 April 13‚ 2014 Patricia Ford Agenda Organizational Direction Goals and Objectives Strategic Planning Tactical Planning Operational Planning Contingency Plan Ethics and Legal Responsibilities Organizational Direction Safety First‚ striving to be a responsible corporation among the industry is our top priority. Create safety programs that will enable our employees during emergencies. Management will ensure
Premium Management Corporation Environment
com/sustainability 2 A letter from our group chief executive / 4 How BP is changing 6 Gulf of Mexico oil spill / 14 How we operate / 22 Energy future 30 Safety / 34 Environment / 38 Society Within hours of the Deepwater Horizon accident‚ BP teams were working to stop the leak. We also acted to minimize the spill’s impact on the environment by containing‚ removing and dispersing oil offshore‚ protecting the shoreline and cleaning up oil that came ashore. And we worked with wildlife groups to develop
Premium Petroleum Sustainability Oil spill
| BP Case Analysis | | 1. Based on the history of the company‚ why did BP get involved in so much questionable conduct? BP’s history extends back to 1901 when William D’Arcy’s Anglo-Persian Oil Company first drilled for oil in Persia and after seven years of drilling and darcy’s nearly spent his net worth finally oil spewed out and became rich. Unfortunately later at 1914 BP was on the verge of bankruptcy due to the very low demand of oil in global market. Accordingly ‚BP’s Board
Premium Social responsibility Environment Environmentalism
BP Management Tashon Cooper MGT/230 February 2‚ 2012 Paul Hennessy BP Management BP Management ensures that the material risks are identified and that the company runs effectively. Furthermore‚ BP management ensures that internal control and risk management is under control. In particular‚ some vital components of BP management include their recognition for the company’s yearly plan‚ reviews of material risks‚ ensuring that the chief executive adopts their approach about risks‚ and that
Premium Risk Risk management Management
is so important in developing software systems‚ software engineers have chance to do good‚ cause harm‚ or to allow others to do bad things. To ensure that they work for the good side‚ software engineers must commit themselves to making software engineering a beneficial and respected profession. In the software world‚ like in ethical world‚ if a good belief exists‚ such as everything will be perfect‚ things can fall completely on the other side. People think‚ and make different decisions‚ but understanding
Premium Software engineering Engineering Ethics
1) engineering as a professional : a) Differentiate between Job and Professional Job stands for "just over broke" thus requiring minimal education and one with little to no experience will suffice to get the job done. One can easily be replaced at a job. Profession is a commitment to a higher level of education where on must attend and acquire skilled training. A profession requires critical thinking skills. Profession vs Job * The field in which a person works is referred to as
Premium Ethics Morality Engineering