Is BP socially responsible?

BP has been focused on including the tenets of Corporate Social Responsibility across all its lines of business. Significance progress has been made as it worked it partnership with NGOs, various levels of governments, local communities and its various stakeholders.

What were the social impacts of the BP oil spill?

The oil spill impacted the fishing and seafood, tour- ism, and oil and gas industries. Government agencies closed oiled waters to recreational and commercial fishing; visitors canceled their vacations; and the government stopped offshore drilling projects for six months.

Who was responsible for BP spill?

U.S. District Judge Carl Barbier said BP was mostly to blame for the 2010 Gulf of Mexico disaster, which killed 11 people and spewed oil into the water for 87 days. Barbier attributed 67% of the fault to BP, 30% to Transocean, which owned the Deepwater Horizon drilling rig, and 3% to Halliburton, the cement contractor.

Is it ethical to work for BP?

We’re committed to doing business ethically and transparently, using our values and our code of conduct to guide us. We expect our employees to work in line with both and to treat others with respect, ‎fairness and dignity. Our code of conduct sets clear expectations for how we work at bp.

Is BP environmentally friendly?

BP has paid millions in civil and criminal penalties for violating major federal environmental laws such as the Clean Air Act, Clean Water Act, and other laws designed to protect the environment and public health. From air pollution to leaky oil pipelines, BP has one of the worst environmental records in the industry.

What economic and social consequences resulted from the BP oil spill?

And while long-term damage estimates vary, a new study published in the Canadian Journal of Fisheries and Aquatic Sciences determined that over seven years, the oil spill could have a $8.7 billion impact on the economy of the Gulf of Mexico including losses in revenue, profit, wages, and close to 22,000 jobs.

How does oil spill affect the environment?

The effects will be long-lasting. Oil can kill surface-dwelling animals and birds by poisoning or suffocation, as well as affecting buoyancy and natural waterproofing. Contaminated food supplies mean animals may become malnourished or poisoned over time.

How did BP respond to the oil spill?

BP’s response was prompt and unequivocal. In just over two hours, oil skimming vessels were on the scene and the company’s crisis team was in the air. And within 24 hours there were 36 BP specialists on-site.

How was BP responsible for Deepwater Horizon?

August–September 2010 BP reports BP found that on 20 April managers misread pressure data and gave their approval for rig workers to replace drilling fluid in the well with seawater, which was not heavy enough to prevent gas that had been leaking into the well from firing up the pipe to the rig, causing the explosion.

Is BP ethical or unethical?

“We are a responsible and professional company,” said BP Alaska spokesman Steve Rinehart. “We work to high standards. Safety is our highest priority.” A review of BP’s history, however, shows a pattern of ethically questionable and illegal behavior that goes back decades.