Bp's plan to contain oil spill in great australian bight labelled 'flimsy' wilderness society says plan gives no clear indication where company would source equipment and people needed to contain. But the bp oil spill raises genuine csr questions — it's very much a question of corporate, social, responsibility bp is in the business of finding oil, refining it, and selling the gas (and propane, etc) that results. The british petroleum (bp) oil spill in the gulf of mexico flowed unabated for three months in 2010 it is the largest accidental marine oil spill in the history of the petroleum industry this event affected individuals and groups, know as stakeholders, in different ways according to the impact that the catastrophe meant to their situation. The blazing remnants of the oil rig deepwater horizon, off louisiana, shown last month in this handout photograph the disaster, which killed 11 people, is a big blow to bp in a market that.
Bp and the deepwater horizon disaster of 2010 the deepwater horizon disaster was the largest marine oil spill ever to occur in us stakeholders and trade. Dudley, the american in charge of bp's gulf oil spill unit5 cleaning up the enormous oil spill in the gulf of mexico has not proven to be an easy task, and in may 2010 reuters reported that it would likely cost bp approximately $46 billion to clean up. Reactions to the deepwater horizon oil spill from various officials and interested parties ranged from blame and outrage at the damage caused by the spill, to calls for greater accountability on the part of the us government and bp, including new legislation dealing with preventative security and clean-up improvements.
1 abstract the bp oil spill released 49 million barrels of oil into the gulf of mexico and caused a grave amount of damage to the surrounding areas both environmentally and economically. There were at least three important stakeholders involved in this project: the bp administration, the employees of bp and society at large after the oil spill, it is clear to each one that the disaster could have been avoided and that the result wasn't good business for anybody. The federal government's role in bp oil spill state and local officials complain the obama administration is too slow in channeling supplies and support to protect the fragile coast and an. These stakeholders were affected in different way bp oil company were affected because it was their oil that spilt unfortunately the oil spilt into a the sea and spreading through the rivers killing all the fish and washing up on beaches this is why it affected the fisherman the oil spill.
40 evaluation of bp's ethical dilemmas 6 41 evaluation of deepwater horizon next, from bp oil catastrophe, the oil spill in the gulf of mexico in 2010, arises the dilemma between the saving costs by unnecessary risk taken and meeting safety criteria in the terms of large number of fatalities on the platform rig. Number of oil spills - to land and water c 213 170 122 142 102 volume of oil spilled (million litres) 10 34 12 17 d 06 volume of oil unrecovered (million litres) 03 09 02 08 d 03. Although the company reported a loss of $1715 billion for the quarter in which the oil spill occurred, largely from a $322 billion pre-tax charge, bp swung to a profit the following quarter. Sustainability bp and sustainability our stakeholders bp and sustainability bp is a member of the global oil and gas association for environmental and social. Suggested solution to react the oil blowout solution 3 the bp should react immediately by working with the officials to seek effective methods to collect the spilled oil, close the oil well and reduce the impact of the oil in the column of water on the surround-ing ecosystem.
The allegation that bp put profits ahead of the environment shouldn't be a surprise in fact, bp's failure to stop the worst oil spill in us history is indicative of a much larger problem with companies that have embraced one of the central ideas in management today: stakeholder theory the. Oil spill stakeholders are composed of broad groups, some because of decision making authority and assigned responsibility during response others have a stake in the outcomes of those decisions because they may be affected by consequences of the spill as. Stakeholder management: more on bp oil spill july 30, 2010 as i have thought more about my post on bp's view of who its stakeholders are, i was reminded of an article i read on stakeholder management by sandra waddock. And oil spill are shaping how we do business, and the changes we are making to our portfolio and organization our website plays an integral part in our sustainability reporting. Contractors were bp stakeholders that ran the deep horizon oil rig 11 of the contractor stakeholders lost their lives due to faulty equipment and poor safety procedures bp contracted and outsourced equipment and employees to avoid taxes, and having to comply with american safety standards.
The british petroleum (bp) oil spill in the gulf of mexico flowed unabated for three months in 2010 it is the largest accidental marine oil spill in the history of the petroleum industry this event affected individuals and groups, know as stakeholders, in different ways according to the impact. Stakeholder affect oh bp oil spill bp case-study 1 bp case-study ethics in today's organizations nicki marzolf march 1, 2011 bp case-study 2 company summary beyond petroleum (bp) is a british oil company that was founded over a century ago by an affluent business man, william d'arcy. British petroleum has held back its dividend payout to its prime stakeholders as they had been under pressure from the united states government regarding the oil spill that had occurred in the gulf of mexico. Stakeholders affected by bp oil spill 1 stakeholder analysis of the bp oil spill a stakeholder is any person or entity that is affected or affects the actions, policies and objectives of a company.
Unfortunately, the bp oil spill has given new meaning to the phrase tar beach for folks who could afford a beachfront stretch with oil encroaching upon their waterfronts, there's property.