BP Oil Spill

BP Oil Spill

Introduction

The civil society organizations (CSOs) have played a key role in the adoption by businesses of criteria for corporate social responsibility (CSR). In the last decade have launched numerous initiatives to promote CSR, some based on confrontation and exposure of the public companies, some based on dialogue and partnerships. However, this report aims to provide a vision about how CSOs are seeking to influence the market, their strategies, their allies, and its tools. It gathers more than 35 initiatives aimed at encouraging social organizations changing business practices directly or indirectly, through actions aimed at businesses or those who can influence their behavior through the market, mainly consumers and investors.

Initiatives are also collected enterprise-based CSOs, whose strategies are aimed at developing tools that facilitate the incorporation of sustainability criteria in business management. Finally, include strategies based on the redefinition of markets through the introduction of new rules that allow good practice to reward and punish the bad, for example through standards and social and environmental labels to guide the behavior of firms collectively in a certain direction, which some authors call civil regulation.

Discussion

April 22 got identified as a serious oil spill in the Gulf of Mexico. Coincidentally, the unfortunate accident occurred the same day that was celebrated around the world on Earth Day. This oil spill in the Gulf of Mexico is a disaster ecologically, a new threat to the environment. However, there is to echo this unfortunate news. The oil spill has reached over 1,550 km2 and continues to move toward this area, ranging from the coast of Louisiana to the shores of Alabama and Mississippi. British Petroleum Technicians have done everything possible to stop the oil spill and to this end, have used a robotic underwater vehicles were submerged in the water of the Gulf of Mexico to more than a mile from profundidada. Undoubtedly, the unfortunate event and has been styled environmental disaster" and there is alarm at the black tide. The fundamental objective of the technicians and the people of the Coast Guard are to deal with controlling the well affected, stop the spill, rescue and clean the area (Brooks, 2001).

The oil well emerge approximately 160 thousand liters of oil per day, equivalent to one thousand barrels per day, producing pollution and maritime big oily stains. However, the platform "Deepwater Horizon" is the one that exploded on 22, leaving 11 workers missing. British Petroleum (BP) is the operator which is leased to the platform. British Petroleum is the largest oil extractor Gulf of Mexico. Thus, BP did not hesitate to immediately mobilize teams trained for containment and seclusion of oil and about 32 ships float lines. The company explained that they are ready for use about 380,000 gallons of oil solvent, approximately one third of these compounds worldwide.

During the meeting that BP managers held on Wednesday June 16th, 2010 at the White House with President Barack Obama, British Petroleum agreed to create a reserve fund of $ 20 billion (about EUR 16,200 ...