International Environmental law and Biodiversity Questions: Oil and gas exploitation ’ ’A paradox of plenty ’ ’ A Lesson and a challenge for multinational corporations and the indigenous people in a ’ ’new ’ ’ Arctic Akureyri 26/02/2012 Answer: Over the past years‚there has been a shift by oil and gas companies to Corporate Social Responsibility(CSR).[1]CSR is a self regulatory policy whereof businesses monitor and ensure it actively
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Find two examples of companies‚ products or organizations which display social responsibility: one which displays good social responsibility and one which displays poor social responsibility. For each‚ explain why you have this opinion of these firms. Read all posts before yours - no duplicates allowed‚ so if another student has already posted about your choices‚ change your example to some other firm. Early posts have priority. Then come back to the discussion and comment on the examples given
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Deepwater Horizon Assignment On April 20th 2010 a BP licenses oil rig 50 miles off the coast of Louisiana exploded‚ killing 11 people. For three months millions of barrels of oil poured into the Gulf of Mexico killing sea life‚ altering the eco-system and affecting towns situated around the Gulf’s livelihood and quality of life. The Deepwater Horizon rig is responsible for the worst offshore oil spill in history. The corporation lost billions of dollars due to the disaster stemming for systematic
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Oil Spill Group 3 Vera Lois A. Decano Kriceal Viz B. Saldon Mia Tagle Sam John F. Luison Kathe Unabia Chayya Margaret P. Golez Dominic M. Concillo Oil Spill Introduction In the recent years there have been occurrences of oil spills in several locations within our country. Knowing that these have adverse effects on our environment and the ecosystem as a whole‚ we’ve always been in search of ways to counter this major problem. The damages we receive from an oil spill
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Three factors that influence BP oil companies operational and contingency planning include‚ unexpected oil spills. Sometimes the company may experience unexpected oil spill that will require them to change from the original plan. The second factor is natural calamities. Sometimes they cannot control things like floods‚ which can cause oil burst and affect the flow of the plan. The third factor is Man-Made calamity. These affect the plan of the company because they need to address it immediately.
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BP Oil Spill Background The British Petroleum Oil Spill incident is the largest in history that raises various issue environmental and ethical issues. On 20th of April 2010‚ an explosion of the drilling rig caused the oil spill close to the coast of Louisiana in the Gulf of Mexico‚ in which 11 employees were killed. It took around five months for the oil well to exert no further risk and be concealed‚ where many controversies arose throughout the period. BBC‚ 2010. Timeline: BP Oil Spill. BBC
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Questions: What are the environmental implications of oil spills? What legislative policies have been instituted to mitigate the possibility of future oil spills? How are oil spills cleaned up and what are the advantages and disadvantages of each method? What type of research and innovation surrounding oil spills has been done to prevent their occurrence? In order to foster an environment for emerging technologies and higher standards of living‚ the United States‚ Canada and many other nations
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Corporate Social Responsibility (CSR) is defined as “situations where the firm goes beyond compliance and engages in ‘actions that appear to further some social good‚ beyond the interests of the firm and that which is required by law’.” (McWilliams‚ 2006) This cultural ideology includes less environmentally harmful manufacturing processes‚ recycling programs‚ products with environmentally-friendly technologies‚ employee empowerment regarding socially responsible practices‚ and active involvement
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1. Introduction Social responsibility of business has been a subject of intense controversy and interest over the past four decades (Jamali 2008). The purpose of this paper is to critically analyze the two different views of social responsibility of business among scholars and business practitioners. The first is the shareholders view of Milton Friedman and another one is the stakeholder view of Bob Dudley‚ Group Chief Executive of BP Corporation. I will outline key arguments and point out drawbacks
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Recommendation 11 Internal communication 11 External communication 12 Executive Summary BP oil spill in April 2010‚ had incurred serious damage to both the company and publics. Though some internal and external communication strategies were carried out after the accident‚ more improvements should be made by BP to maintain the safety and reputation. The internal strategies used by BP‚ employing appropriate communication channels and appointing a CEO who is familiar with American cultures
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