Sustainable Development at British Petroleum
Details
BECG056
19
2005
YES
500
BP Plc..
Energy
UK
Corporate Responsibility,Environmental Sustainability
Abstract
The case discusses the sustainability development programs initiated by BP. It also explains in detail the reasons behind BP’s decision to start environmental sustainability and regional development programs. Though it was one of the top three companies engaged in the oil exploration and production business, BP adopted a proactive approach toward environmental sustainability. The environ-mental and regional development programs at BP were successful as they reduced environmental pollution levels in the areas where it operated and also helped in improving the standard of living of the people inhabiting those areas. The case also explains the entry of BP into renewable sources of energy such as solar, wind, and hydrogen.
Learning Objectives
The case is structured to achieve the following Learning Objectives:
- Understand the problems faced by companies which are engaged in production and exploration activities that have a negative impact on the environment in the areas where they operate.: Understand the role of an oil company in bringing about sustainable deve
Keywords
British Petroleum, Amoco Oil Corporation, Lord Browne, Sustainable Development, Sustainability, Standard Oil Company, Organization of Petroleum Exporting Countries, BP Amoco Plc., Greenhouse Gas, Global Climate Coalition, Renewable Resources, Ecological Balance, Regional Development, Human Rights Watch, US Agency for International Development (USAID), USAID