CORPORATE RISK MANAGEMENT REPORT Corporate and Enterprise risk at BP BP plc is one of the worlds leading oil companies on the basis of market capitalisation and proved reserves. It is a global group‚ with interests and activities which cover three main business segments of Exploration and Production‚ Refining and Marketing and Gas‚ Power and Renewables. BP has total assets of $217‚601million and total revenues of $270‚602million with the majority of their revenues ($) coming from
Premium Risk Risk management
References: Allen L. White (1999)‚ ―Sustainability and the Accountable Corporation: Society‘s Rising Expectations of Business‖‚ Environment‚ Vol • Hillary‚ Ruth (ed.) (2000)‚ ―Small and Medium-sized Enterprises and the Environment‖‚ Successful Practicesof Environmental Management Systems in Small
Premium Sustainability
This paper will review the efforts at Starbucks to become a sustainable corporate partner with its shareholders‚ employees and customers. Most importantly‚ it will examine how Starbucks has become a leader in corporate social responsibility and sustainability worldwide. STARBUCKS One of the first things that a visitor to the Starbucks web site will notice is that there is a link to a “Responsibility” segment of the site. This link opens the reader to the plethora of programs that Starbucks is involved
Premium Sustainability Social responsibility Howard Schultz
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
Premium Mexico Petroleum Leak
Executive summary: Sustainability reporting‚ alternatively known as CSR reporting‚ is the annual process whereby companies - public‚ private; large and small - report on their sustainability performance. Reports typically cover social‚ environmental‚ economic and ethical performance and incorporate information on a company ’s environmental impact or carbon footprint‚ staff satisfaction‚ community investment etc. Sustainability reporting is becoming increasingly important as a tool companies can
Premium Corporate social responsibility Business ethics Sustainability
Petroleum’s underwater pipeline‚ Deepwater Horizon‚ catastrophically failed and began spewing hundreds of thousands of barrels of petroleum daily. Currently BP plans to create a relief pipeline to fix the Deepwater Horizon and pay for all the damages that their pipeline is causing. On the other hand‚ President Barack Obama is demanding that BP take responsibility and pay for all necessary reparations such as cleaning the coastal shores and aid the people affected by
Premium Petroleum Oil spill Exxon Valdez oil spill
BP Oil Spill May 1‚ 2012 Abstract This paper is written on a current article that was recently published. The article is criminal justice related and about the BP oil spills that happened two years ago. The paper will be a brief summary of the article and what has happened since the oil spill. On Tuesday‚ April 24‚ 2012 at 7:40 P.M. Federal prosecutors brought the first criminal charges in the Gulf oil spill‚ accusing a former BP engineer of deleting
Premium Federal Bureau of Investigation Federal government of the United States
The British Petroleum Company‚ Business Culture and Global Competition George Enclarde Jones International University / BBA110 Abstract To try and understand how business is conducted form a global perspective‚ I used British Petroleum as a model in this paper‚ along with the research of other international companies and government agencies. Let’s consider the idea of small businesses around the globe competing and evolving into major players in the global economy. The U.S. and E.U. guidelines
Premium Ethics European Union Iran
Executive Summary On April 20th 2010 bp had a major oil spill off the Gulf of Mexico coined the “Deepwater Horizon Incident” in which eleven (11) person’s loss their lives. This incident negatively affected the company’s brand and bp brand equity plummeted by $7.4bn‚ representing a 61% fall (Brand Finance 2010). BPTT which is a subsidiary of bp Global had to treat with the negative impact of this crisis on the local market while keeping its reputation‚ bp brand and local aspiration alive and
Premium Marketing
be huge if not contained in time. Over the years different governmental agencies have put in place many regulations and policies to make sure that the right measures are taken when building and operating an oil platform. As a result of the recent disaster in the Gulf of Mexico (British Petroleum Horizon) many questions have been raised. Should the current deep water oil well drilling policies regulations and policies be revised? In 1887 H.L Williams drilled the first shallow water offshore well
Premium Petroleum Oil platform Drilling rig