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What various stakeholder groups did oil giant BP have to repsond to concerning the massive
2010 oil spill in the Gulf of Meixco? From what you know about BP oil spill, how would you
evaluate BP's executives behavior in terms of corporate social responsibility?
Solution
What various stakeholder groups did oil giant BP have to respond to concerning the massive
2010 oil spill in the Gulf of Meixco?
The exploitation concession was awarded to British Petroleum (BP), however they hired three
contractors to operate the Deepwater Horizon plataforma: Transocean that was rig owner,
Halliburton and the blowout preventer manufacturer Cameron International. Additionally, some
gulf states of the union that were affected by the spill: Alabama, Louisiana, Mississippi and
Florida and the Federal Government, ambientalist groups, and more.
How would you evaluate BP's executives behavior in terms of corporate social responsibility?
Most independent environmental groups and researchers believe that the real causes of the spill
were the policy of the company to reduce costs and other items categorized under the concept of
negligent management.
In all honesty, the company BP agree from the outset the responsibility for the tragedy and
showed willingness to compensate to legitimate affected by the spill. But as they got to know
more details of the scale of the disaster, BP pointed the finger at contractors who operated the
platform.
As the case begins to arm themselves to appeal to the court, all known BP used delaying tactics,
he tried to file the suit in a state with a benevolent legislation against oil (Texas) offered
disadvantageous compensatory arrangements and far below what the law provides for such
cases.
During the trial they used more than five teams of lawyers and showed little sensitivity to the
enormous environmental dimension of the tragedy, which claimed 11 lives instantly and an
incalculable effect on the marine ecosystem, which can still be seen, more than 5 years later.

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What various stakeholder groups did oil giant BP have to repsond to .pdf

  • 1. What various stakeholder groups did oil giant BP have to repsond to concerning the massive 2010 oil spill in the Gulf of Meixco? From what you know about BP oil spill, how would you evaluate BP's executives behavior in terms of corporate social responsibility? Solution What various stakeholder groups did oil giant BP have to respond to concerning the massive 2010 oil spill in the Gulf of Meixco? The exploitation concession was awarded to British Petroleum (BP), however they hired three contractors to operate the Deepwater Horizon plataforma: Transocean that was rig owner, Halliburton and the blowout preventer manufacturer Cameron International. Additionally, some gulf states of the union that were affected by the spill: Alabama, Louisiana, Mississippi and Florida and the Federal Government, ambientalist groups, and more. How would you evaluate BP's executives behavior in terms of corporate social responsibility? Most independent environmental groups and researchers believe that the real causes of the spill were the policy of the company to reduce costs and other items categorized under the concept of negligent management. In all honesty, the company BP agree from the outset the responsibility for the tragedy and showed willingness to compensate to legitimate affected by the spill. But as they got to know more details of the scale of the disaster, BP pointed the finger at contractors who operated the platform. As the case begins to arm themselves to appeal to the court, all known BP used delaying tactics, he tried to file the suit in a state with a benevolent legislation against oil (Texas) offered disadvantageous compensatory arrangements and far below what the law provides for such cases. During the trial they used more than five teams of lawyers and showed little sensitivity to the enormous environmental dimension of the tragedy, which claimed 11 lives instantly and an incalculable effect on the marine ecosystem, which can still be seen, more than 5 years later.