Bp Sustainability Essay - 28986 Words

Sustainability Review 2010 bp.com/sustainability 2 A letter from our group chief executive / 4 How BP is changing 6 Gulf of Mexico oil spill / 14 How we operate / 22 Energy future 30 Safety / 34 Environment / 38 Society Within hours of the Deepwater Horizon accident, BP teams were working to stop the leak. We also acted to minimize the spill’s impact on the environment by containing, removing and dispersing oil offshore, protecting the shoreline and cleaning up oil that came ashore. And we worked with wildlife groups to develop rescue and rehabilitation programmes for turtles, birds and other species. www.bp.com/ gulfofmexico/inpictures What’s inside? We recognize that the events of 2010 have impacted many people, from local†¦show more content†¦These are highlighted in green.d f 0 7 188 0.085 1,067 0.48 207 236 — 417 300 2.2 0.4 59.3 10.1 0.24 64.4 1,241 539 2.5 4,026 97,000 625 17 21 5 20 — 1,065 642 10,643 69 3 4 167 0.075 1,060 0.48 204 241 — 340 213 1.0 0.3 59.2 10.7 0.20 63.5 1,124 521 22.5 3,293 98,100 624 16 22 5 19 — 974 944 11,511 48 2 3 175 0.080 951 0.43 195 245 658 335 170 3.4 0.9 57.0 9.2 0.21 61.4 1,718 530 1.1 2,520 92,000 583 14 22 6 19 15 927 765 12,280 22 0 18 134 0.069 665 0.34 174 216 537 234 122 1.2 0.2 60.4 9.6 0.22 65.0 2,149 554 66.6 2,483 80,300 492 14 23 6 21 15 874 524 12,216 30 0 14 408 0.193 1,284 0.61 168 255 418 261 142 1.7d 0.8d 60.2f 10.0f 0.22f 64.9f 1,671f 573 52.5 18,400i 79,700 482 14 24 7 19 15 742 552 11,772 14 Cautionary statement BP Sustainability Review 2010 andShow MoreRelatedBp s Improve Sustainability And Its Reputation For The Deepwater Horizon Disaster1620 Words   |  7 Pagesgentleman by the name of William D’Arcy is the founder of the world famous gas station BP. D’Arcy had a thrill over oil and decided to invest all of his savings in the quest for oil in the Middle East. Experts and scientists helped encourage D’Arcy to pursue the venture. But years started to pass and funds starting to run low, William was starting to feel as if this was the wrong investment. Throughout the years BP has gone through a plethora of ups and downs. From bankruptcy, to not being able to transportRead MoreSustainability Report of BP1447 Words   |  6 PagesWhat responsibility did the executives of BP have in making more socially responsible and safety conscious decisions at the expense of not meeting the consumer demand of cheap gas and thus lowering the returns for shareholde rs and their own compensation? Executives in many prominent companies must constantly be aware of consumer sentiments in regards to business practices. As such, executives have a very compelling social obligation for safety and compliance. This is particularly important in industriesRead MoreBp s Ethical Culture And Corporate Social Responsibility Procedures1305 Words   |  6 Pagesas it is now known as BP, has grown into one of the four major Oil and energy multi-nationals on the planet. Their success can be attributed to their innovative prowess and their ability to stay one step ahead of their competitors, by investing in places no one has before. The common perception of BP by the general public over the past decade has been quite positive, with people aligning environmental values’ with their new brand positioning. All of this changed after BP was blamed for one of theRead MoreBritish Petroleums Corporate Philosophy and the Oil Spill in the Gulf of Mexico3510 Words   |  15 PagesIn terms ofä ¾ Ã¦  ® MNE corporate philosophyä ¼ Ã¤ ¸Å¡Ã§ â€ Ã¥ ¿ µ and stakeholder strategy BP has been â€Å"ranked asè ¢ «Ã¨ ® ¤Ã¤ ¸ º one of the more environmentally responsiveçŽ ¯Ã¤ ¿ Ã¥â€œ Ã¥ ºâ€ and socially awareç ¤ ¾Ã¤ ¼Å¡Ã¦â€ž Ã¨ ¯â€  companies† Rugman and Collingson (2006, 4th Ed, p635). Explore this ranking in the light ofæ   ¹Ã¦  ®Ã¯ ¼Å'é‰ ´Ã¤ ºÅ½Ã¯ ¼Å'ä ¾ Ã¦  ® recent events in the Gulf of Mexico. 1. Explain MNE corporate philosophy. How BP work in MNE 2. Explain what is stakeholder strategy, what it is, what is BP’s stakeholder strategy, how it gonna work in the Gulf of Mexico. 3.Read MoreOil And Its Effects On The Environment1984 Words   |  8 Pagesgeneral population and taking advantage of their profits which is completely unacceptable, especially for such a large company like British Petroleum (BP). With Oil being a natural resource that is available to mine/pump by anyone who strikes it, BP is doing so for self-interest and neglecting the total effect that it has on society and the climate. No, BP is not the only company out there with stake in the oil business however, with them being one of the larger oil companies they should set a precedenceRead MoreBPs Commitment to the Recovery of Natural Resources863 Words   |  3 Pagesprojects are part of BPs commitment to provide up to $1 billion in early restoration funding to expedite recovery of natural resources injured as a result of the Deepwater Horizon accident. The early restoration framework agreement signed in 2011 requires BP and the trustees to agree upon the potential projects, funding an d the natural resources benefits the projects are expected to provide. The trustees then implement the projects. The agreement makes it possible for restoration to begin at an earlierRead MoreBritish Petroleum1639 Words   |  7 PagesBusiness and Society Introduction The Anglo-Persian Oil Company which is now known as British Petroleum (BP) was founded in 1909 and is one of the world’s leading international gas and oil companies. The multinational British company’s headquarters is located in London, United Kingdom and is one of the five largest oil companies in the world. The pioneer of the Middle Eastern oil industry, BP discovered oil in Iran before World War I and eventually became involved in all aspects of the oil industryRead MoreBp Management and Strategies Research Paper3337 Words   |  14 Pageswill look at British Petroleum, BP, one of the largest oil companies in the world. Following the Gulf Oil Spill does BP have sustainability in this market? This paper will examine the early history of the company. It will look at the competitive advantages of the organization by looking at its SWOT analysis. The company’s market strategy will be examined including its growing interest into alternative fuels. Its internal s tructure will be compared to the persona that BP is trying to convey that theyRead MoreBritish Petroleum and The Delay of Maintenance Case Analysis4904 Words   |  20 PagesPetroleum, now known as simply BP, is a multinational oil and gas company that is headquartered in London, England. On March 23, 2005, a series of massive explosions devastated one of the largest British Petroleum refineries located in Texas City. The blast rattled windows in downtown Galveston, 20 miles away and was even felt in Houston, 35 miles distant. Reports indicated that 15 people had been killed and well over 150 were injured, many of those seriously burned. A BP spokesperson addressed theRead MoreBp Oil Spill On The Gulf Of Mexico1249 Words   |  5 PagesBrittneigh Campbell POS 303 BP Oil Spill Survey Research Question How did the BP oil spill in the Gulf of Mexico in 2010 affect our economy and environment, and what does the future hold, with regard to the environment, oil drilling, and sustainability? Introduction For the best range of participants and the east of analyzation, I chose to conduct an electronic survey. I posted the survey (publically) on Facebook. This allowed people from all over the country, from almost all sections of social-economic