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Bp and Ethics

In: Business and Management

Submitted By jgirltall
Words 303
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http://blogs.reuters.com/chrystia-freeland/2010/07/19/whats-bps-social-responsibility/ http://www.ecoinstitution.com/green-news/bp-from-social-responsibility-to-environmental-catastrophe/ http://www.bbc.co.uk/news/10194335 http://www.bp.com/genericarticle.do?categoryId=98&contentId=7067682 http://www.uow.edu.au/~sharonb/bp.html http://www.bp.com/sectionbodycopy.do?categoryId=41&contentId=7067505 http://thetruthaboutbusiness.blogspot.com/2010/05/fall-of-british-petroleums-ethics.html http://www.ethicalcorp.com/communications-reporting/beyond-petroleum-why-csr-community-collaborated-creating-bp-oil-disaster Unethical
BP operation in Colombia – BP paid state forces to protect its operation against local gorillas who have declared war against oil companies. However, Human Rights Watch (HRW) accuse the Colombian Military of human rights abuses.
BP Gulf of Mexico spill- was described as the worst environmental disaster in US history. The spill caused the death of 11 people, affected wildlife, and tourism industry.
In 2006, BP was charged with misconduct after 201,000 gallons of oil leaked into Alaskan Tundra, it cost the company $200million in criminal penalty
Between the years 1997 and 1998 it was recorded that the company was responsible for 104 oil spills in the Arctic alone
Ethical
Bp completely rebranded itself 2000 to try to position itself as being a greener fossil fuel producer, to seem more environmentally friendly they initiated a new campaign and changed its logo to green,white and yellow sunburst. The company also developed a new slogan and advertising campaign with the name ‘Beyond Petroleum’
BP Gulf of Mexico spill- BP created a joint incident Management Team in charge of the long term environmental and economic restoration of the region. They funded an investment of $500million on research scheme on restoration of wild life environment. They also paid out millions to those affected.

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