British Petroleum spill of 2010 Over the past decade our country has experienced many catastrophes that have literally crippled the nation economically‚ socially‚ and financially. Most recently‚ our country has begun another crisis‚ this time in the Gulf of Mexico. British 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
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environmental concerns when making business decisions. And this has makes CSR integral to the way of the business related to the world and potential of being success. As there is no universal standard for CSR‚ CSR can be defined by actions such as integrating social‚ environmental and economic terms into business value and actions. One of the examples would be treating the employees from foreign countries fairly as the local employee. Many businesses believe that by implementing CSR activities they will be able
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the world’s largest privately owned multi-national oil and gas company (Skjaerseth 2003). For companies as large as ExxonMobil‚ which possess considerable capital resources and are able to exert considerable power and influence‚ society is increasingly demanding that they behave in a socially responsible manner (Diara‚ Alilo‚ and McGuire 2004). There is a growing expectation that companies will adopt a business approach that illustrates responsibility to society above and beyond the economic function
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consistent management‚” M&T Bank demonstrates how doing ordinary business benefits society around them. M&T Bank’s policies on Equal Employment Opportunity (EEO) complete the necessary requirement of Mandated Actions under their scope of Corporate Social Responsibility. They state‚ “it is the policy of M&T Bank to provide equal employment opportunities – without regard to race‚ color‚ national origin‚ religion‚ ethnicity‚ sex‚ gender identity‚ age‚ disability‚ citizenship‚ pregnancy‚ veteran status‚
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true the almost five million barrels of oil that contaminated the Gulf of Mexico during the 2010 Deepwater Horizon spill was an ecological nightmare. And residents of the area have complained for the last two years that the chemicals dumped into the area as an ill-thought-out solution have made many of them sick. But what about the ocean itself that has been treated as an experimental chemical dump by the Environmental Protection Agency (EPA) and corporate giant BP? Turns out‚ according to new research
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Oil is a product used by everyone‚ but sometimes oil is a problem. An oil spill is a leakage from an oceangoing tanker‚ pipelines‚ or other oil sources. Oil spills occur very frequently‚ and cause enormous ecological harm. About eight million barrels of oil are spilled each year. Tankers usually carry about five hundred million barrels of oil. Many oil spills‚ large in land or ocean coverage‚ have had major impacts on the earth and it’s inhabitants. Many animals die and some are injured in some way
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The 2010 BP oil spill that took place on the BP-operated Macondo Prospect claimed 11 lives‚ and is considered to be the largest marine oil spill in the petroleum industry’s history. The spill flowed continuously for 87 days until it was declared to have been contained on 15th July 2010 and finally sealed on 19th September of the same year (BP‚ 2013). However‚ unconfirmed reports indicate that some of the well sites continue to leak (Pulham‚ Hilaire & Fenn‚ 2010). The spill took a physical and psychological
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The Effects of Oil Spill After the oil spilled over‚ did people’s life change? For sure‚ it affects a lot to human’s lives. However‚ what are those effects? Three major places which are affected by oil spill are business marketing‚ people’s health‚ and environment. The first effect is the economic effect. The tourist season was killed because of the oil spill. The ocean which is full of oil is very unclear‚ and nobody wants to have a vacation at a place like this. The killed tourist season is
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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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Section 14/Emil Steiner 10-31-2012 British Petroleum’s public image was damaged immensely by the Deepwater Horizon oil spill and its poor public relations management during the weeks that followed. BP created the “Gulf of Mexico Restoration” website to inform the public about its efforts in cleaning up the spill and to help restore public trust in the company again. BP’s “Gulf of Mexico Restoration” website uses these three strategies to try to repair its reputation: a section highlighting technological
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