Economic Sustainability The business of staying in business Deborah Doane & Alex MacGillivray New Economics Foundation March 2001 Executive Summary Although sustainability is now generally understood to be a combination of environmental‚ social and economic performance‚ this report finds that economic sustainability is the most elusive component of the “triple bottom line” approach. There is not even universal consensus that businesses should be economically sustainable‚
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BP plc[3][4] (LSE: BP‚ NYSE: BP) is a British multinational oil and gas company headquartered in London‚ United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by 2011 revenues and is one of the six oil and gas "supermajors".[5][6] It is vertically integrated and operates in all areas of the oil and gas industry‚ including exploration and production‚refining‚ distribution and marketing‚ petrochemicals‚ power generation and trading. It also has renewable
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Level 5 Leadership Based on Jim Collins article‚ “Level 5 Leadership: The Triumph of Humility and Fierce Resolve”‚ in Best Of HBR‚ HBR‚ July-August‚ 2005‚ p.136-146 The key to an organization becoming great is having a Level 5 leader Someone who blends genuine personal humility with intense professional will “Level 5” The highest level in a hierarchy of leadership capabilities Leaders at the other four levels in the hierarchy can produce high levels of success but not enough to elevate
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moved away from integration and instead to specialization‚ also known as “the industrial food system.” The deep divide between these two systems is a clear display of the rapid change in today’s demand-driven market‚ which begs us to question the sustainability of our new system. As large industrial farms maximize their land and resources for profit we stray farther and farther from the natural balanced process and in turn throw the ecosystem wildly out of harmony. Livestock
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When you deliberate on a disaster‚ it becomes clear that any such event has three phases to it. Initially‚ there are antecedents that lead to the disaster. When enough antecedents have accumulated‚ the disaster occurs at that specific tipping time. Finally after the disaster has happened the final phase of resolutions occurs. The resolutions are steps that the society attempt to implement to revert the effects that the event has produced. Consider the Deepwater Horizon disaster that happened on July
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In the wake of the disaster in the gulf American citizens have a plethora of questions. Why would BP engage in risky practices that could endanger the area where the company makes its profit? Who is responsible for ensuring that the citizens of the Gulf Coast region are protected when companies like BP place profit above people? As this drama plays out on American television screens one must realize that the only check to the power of private companies is the American government which is charged
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resources making vulnerable to this hazard. Forms of Biological Hazards: 1. Independent Biological Hazard • Contributes to‚ develop into & exacerbate vulnerability leading to disaster (e.g. HIV-AIDs) 2. Dependent BH e.g. war » famine » malnutrition » diseases » less resistance to diseases » deaths 3. Trigger of disaster e.g. pest infestation-famine (Irish famine 1845-1848) Important factors of vulnerability on biological hazards: 1. Micro-environment; (risk at refugee camps e.g. poor water
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1.1 What is Sustainability The World Commission on Environment and Development (WCED 1987‚ in Gareis et al. 2010‚ p. 2) defines sustainability as the development that conforms to the needs of the present without making or willing to make concessions on the ability of future generations in order to meet their own wants and needs. In a different concept‚ sustainability has lately turned out to be a corporate yet societal concept (Gareis et al.‚ 2010). Corporate sustainability has different
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BP OIL SPILL IN 2010 April 20th was a tragic day for BP and the crew of the Transocean’s Deepwater Horizon. “Floating fifty-two miles off the coast of Louisiana in 5‚000 feet of water was an oil rig drilling in the Gulf of Mexico.” (Hoffman‚ 2010) What unfolded next will go down in history as the worst accidental oil spill in the world. “The oil well a mile below the surface of the Gulf blew up from high-pressure methane gas expanding into the drill. As a result of the explosion‚ it ended
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The Ecological Effect of the BP Oil Spill on the Environment Introduction: The BP oil spill‚ (also known as the Deepwater Horizon oil spill the BP oil disaster‚ the Gulf of Mexico oil spill‚ and the Macondo blowout) was an oil spill that happened in the Gulf of Mexico on the BP owned and operated Macondo Prospect on April 20‚ 2010. This oil spill is considered the largest and most devastating oil spill in the history of the petroleum industry. The cause of this oil spill according
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