BP Case Study: BP Oil Company

1272 Words3 Pages

The Moral problem in the case we are facing is that BP oil company are exploited the people, polluting the ecology, diluting the government guidelines, cheating everyone for their profits is not acceptable on part of giant company like BP .Oil being a natural resource is being extracted by the company for their vested interests neglecting the society and the climate. The food pyramid is getting affected due to its short cuts and lapse in guidelines and total negligence resulting in gross cheating and mass killing of live stocks in sea as well polluting the air. The government intervention at crisis is an example of socialism. BP operations are in more than 100 countries with several reserves are creating chaos for the people working …show more content…

The Deep water horizon catastrophe is the result of the systematic failure within the major corporation to be ethically socially responsible for its stake holders involved. The company clearly mishandled operation of rigs just focussing on profits and neglecting its people. I will employ utilitarian theory as the moral support for this position. The utilitarianism states that we get pride from the acts and deeds. The characteristics of utilitarianism are that the moral good is judged by pleasure (Zuniga y Postigo, G. 2105). Make the best options that help us achieve those goals. Purpose is to maximize the benefits and reduce suffering (Zuniga y Postigo, G. 2105). The best characteristics explained here are we need to stand by the people in order to keep them secured even it costs our life’s and group , society , community , country is more important than the individual (Fieser, J. 2015). This theory though provides insightful perspective to BP practices from a consequential point of view. The theory “Greatest amount of good for greatest amount of people” is well suited when we consider that the company had made many steps to upscale its production at the cost of the lives of people community and live stocks and generated profits and created lot of livelihood to people and created infrastructure for future well being. …show more content…

BP spent millions of dollars per day to clean up the oil spill. It was estimated that BP was spending “$6 million a day on fixing the mess (Grant, J.K. 2011). In 2005, an explosion at BP’s Texas City oil refinery killed 15 people and injured more than180 people. The accident cost the firm US $2 billion in damages and lawsuits (Murry, B. 2010). According to the OSHA (United States Occupational safety and Health Administration) Citations 760 and 761 BP was responsible for wilful and flagrant violations of safety standards. It happened intentionally and showing indifference to its employees and are yet to pay the fines from Texas City explosion. CSR review BP Green washing Tulane Law review Dodd-Frank act whose role is to evaluate the company fraudulent claims of CSR (Cherry, M. A., & Sneirson, J. F. 2010). An approximated $134 million BP plans spend to address the damage it caused for the Deepwater Horizon Resource Damage Assessment Trustees that include to restore habitats for ospreys and other birds, protect sea turtles and rebuild fish populations ( Thompson, A. 2010). Explosion of BP refinery in Texas that caused 100 injuries and 15 deaths in 2005.Criminal charges due to spread of 270,000 gallons of crude oil in Alaskan tundra in 2006.Toxic spill of 2,000 gallons of methanol in the oil

Open Document