Three Important Facts About BHP Billiton a Multinational Mining Company in Australia

1757 Words4 Pages
bulb-icon

Recommended: Managing diversity

THREE IMPORTANT FACTS ABOUT BHP BILLITON:
CARRYING OUT OPERATIONS SAFELY AND TAKING CARE OF PEOPLE SAFETY

The safety and health of people is core to every aspect of business. People return home safe and well at the end of day and enabling them to end their working life fit and healthy are central to everything industry do.
There operations are in system in place to identify, manage and effectively respond to foreseeable crisis and emergencies. Collectively, these requirements are designed to enable our operations to safely return to full function as possible.

CLIMATE CHANGE AND ENERGY
Mainstream science of climate change is correct; human activities are having an impact on our climate, and this may pose risks to our social and economic wellbeing. BHP recognises that we have a responsibility to constructively engage on climate change issues.
Clear price signal – ensuring that the carbon price signal reaches consumers such that consumption is reduced and investment choices are made that favour low-carbon alternatives.
Revenue neutral – returning aggregate revenues raised to individuals and businesses impacted by the carbon price that maximally offset the impact of increased carbon costs.
Broad-based – covering the broadest possible range of both carbon emission activities and low-carbon energy options in any plan ensures the largest base for emissions reduction.
Predictable and gradual – ensuring that future carbon costs are predictable facilitates investments that reduce emissions; a gradual change in price gives the economy time to adjust.

RESPECTING HUMAN RIGHTS
They have a responsibility to understand our potential impacts on human rights and to mitigate or eliminate them. They are committed to operating in accord...

... middle of paper ...

...eberg are the beliefs and values of the company. These are usually guided by the ideals of the founders of the company.
BHP strive to foster culture that value and rewards exemplary ethical standards, personal and corporate integrity and respect for others. Strategy is based on owning and operating assets diversified by commodity, geography and market. To achieve this, they have workforce that reflects diversity in all forms, including gender, skills, experience and ethnicity. Embracing openness, trust, teamwork, diversity and relationships that are mutually beneficial, reflects core value of Respect and is the focus of their people strategy. In all efforts, they aim to be inclusive and build pride and loyalty in workforce. Mackenzie, Andrew. About Us. BHP Billiton resourcing the future, 13 June 2012.
http://www.bhpbilliton.com/home/aboutus/Pages/default.aspx.

Show More
Related

  • Carbon Tax vs. Cap and Trade

    1287 Words  | 3 Pages

    6. Scheueneman, Tom. "A Carbon Tax is More Viable than Cap and Trade." RSS. 26 July 2012. The Energy Collective. 11 Mar. 2014 .

    Read More

  • Business Analysis: BHP Billiton

    978 Words  | 2 Pages

    As a natural resources company, BHP Billiton is vulnerable to changes in the environment and policies regarding the environment. With each environmental downfall, profit is jeopardized, which can push growth and innovation back. BHP Billiton has been heavily affected with blackouts in South Australia that has been interrupting production in Olympic Dam since September 28 during a two-week blackout. Without power supply security, BHP Billiton is having difficulty keeping power prices affordable in South Australia. The total estimated profit loss of the power outages was $450 million. These obstacles have disturbed BHP Billiton’s ability to compete globally with electricity price rises.

    Read More

  • Analysis Of Andrew Revkin's Carbon-Neutral Is Hip, But Is It Green?

    1395 Words  | 3 Pages

    This rhetorical analysis essay describes how reducing carbon emissions that cause pollution and other harmful effects on the environment and the lives of the people can attain a clean environment. It is based on Andrew C. Revkin’s article Carbon-Neutral is Hip, but is it Green? This article explains how carbon-neutral companies reduce carbon emissions. The companies’ work is to estimate the amount of greenhouse gases that are produced by different bodies like big businesses, international banks and transportation sectors. The effects are then sold to these emitting parties who pay for projects such as algae fertilization and tree plantation that could absorb the emitted gases. The argument of the author of this article is in agreement with what most environmentalists claim.

    Read More

  • Analysis Of The Salt Marsh Islands At Jamaica Bay

    1313 Words  | 3 Pages

    ...s is priceless. Whether it’s through public awareness or implementation of policies, the end goal and objective is to provide sustainability for future generations ahead.

    Read More

  • Cap and Trade Should Be Implemented to Lower the Carbon Emissions

    1598 Words  | 4 Pages

    As the firms have to pay extra costs of what they produce and emit, they have to clearly bring sustainability as the main target of their businesses in order to reduce their emissions. Not doing so, will drop the profits in their business as they have to pay the price for extra emitted carbon. Further it will bring down their reputation from those companies in the market whose carbon labelling will be better. Thus they will have no choice but to take actions. They have to bring sustainability to the core target of their firm. On other hand, it would engage the thoughtful attention of every household and enterprise to the effort to reduce emissions.[6] (Repetto, Cap and Trade is Better Climate Policy than a Carbon Tax, 2013) Each emitter, direct or indirect, would face higher prices for fossil-based energy and for energy intensive goods and services. Each one would then be motivated to find ways to minimize those cost increases in the least onerous way. All the resourcefulness and creativity that the economy and population can muster would be engaged in the effort, not because of environmental commitment or citizenship but because of economic self-interest. Although a large majority of Americans believes that greenhouse gases should be reduced, that alone has not been enough to motivate their actions on nearly the scale required. Values must be supported by economic self interest which is present in the cap and trade policy.

    Read More

  • Cap and Trade: One Solution to Climate Change

    3912 Words  | 8 Pages

    The threat of climate change in recent years is recognized as a real and potentially catastrophic threat to the health and welfare of our planet, as industrialized nations continue to run their economies by burning carbon into the atmosphere. Recently, it has taken on a larger role in our national media, the public, and the government, as the effects of anthropogenic climate change become more evident. In the United States, for example, the year 2007 brought the first major piece of legislation in the country to address the problem under the Climate Security Act, and the United States Supreme Court ruled that the U.S. Environmental Protection Agency had authority to regulate carbon dioxide as a pollutant. Today, many politicians, economists, scientists, and environmentalists propose a solution that would create a regulated market based on emissions into the atmosphere, effectively internalizing all negative externalities. It’s called cap and trade, and it has a lot of potential to help incentivize the implementation of alternative forms of energy, has several different variations and alternatives, and has already been successful in many programs around the world.

    Read More

  • Biofuel and The Racing Industry

    1086 Words  | 3 Pages

    David, Suzuki. “Carbon Offsets Are One of Many Solutions Needed for Global Warming.” Current Controversies: Carbon Offsets. Ed. Debra A. Miller. Detroit: Greenhaven Press, 2009. Print.

    Read More

  • Bridging the Valley of Death

    2271 Words  | 5 Pages

    The purpose of this paper is to review the Department of Energy's (DOE) programs and recommend future directions for US policy to address President Obama's desire to save our planet from climate change and reduce reliance on oil (Roberts, Lassiter, & Nanda, 2010, p 4). The context of this review is following the 2008 election of President Obama and the enactment of the American Recovery and Reinvestment Act (Recovery Act) in February 2009. This paper will evaluate the effectiveness of the measures implemented by the Act and compare their effectiveness with an alternative strategy of implementing a carbon tax, then make a recommendation on which strategy would have achieved the President's aims in view of the political, economic and environmental situation that he faced.

    Read More

  • The National Climate Change Technology Initiative

    575 Words  | 2 Pages

    Current activities of the NCCTI include a thorough and continuing review of all climate change technology-related research and development programs, with focus on improving the integration of supporting basic research activities. The NCCTI interagency working group is developing criteria to identify high-priority programs that may have the largest potential impact in the long term for reducing, avoiding, or sequestering greenhouse gas emissions.(5)(4) NCCTI also includes a proposal to fund a unique competitive solicitation program, in which technology research ideas will be funded on the basis of their potential to reduce, avoid, or sequester greenhouse gas emissions.

    Read More

  • Mission, Vision, And Values Paper

    1006 Words  | 3 Pages

    We recognize that our success as an enterprise depends on the talent, skills and expertise of our people and our ability to function as a tightly integrated team. We appreciate our diversity and believe that respect - for our colleagues, customers, partners, and all those with whom we interact - is an essential element of all positive and productive business relationships.

    Read More

  • Climate Change: We Need a Carbon Tax

    1182 Words  | 3 Pages

    Caperton, Richard W. "A Progressive Carbon Tax Will Fight Climate Change and Stimulate the Economy." Center for American Progress. N.p., 6 Dec. 2012. Web. The Web.

    Read More

  • BASF Transfer Price Management

    1008 Words  | 3 Pages

    ...ology, but presumably they can indeed not offset the cost incurred in carbon storage. Hence overall the economics are negatively contributed (36). Although this doesn’t factor-in significantly in the growth or fall of CO2-EOR projects still it has reasonable contribution in putting a foundation for the future of such a technology.

    Read More

  • Big Data Essay

    1336 Words  | 3 Pages

    “BT looked at the entire carbon footprint of its business, finding that emissions outside its own direct control counted for 92% of the total. And 64% of that impact was just in BT’s upstream supply chain.” – Carbon Trust

    Read More

  • Climate Change Causes And Solutions Essay

    1551 Words  | 4 Pages

    We live in a world where many people either do not know much about the issue of climate change or hold many misconceptions. Climate change skeptics often cite that since the climate has changed in the past, it does not matter that the climate is changing now. Science says that carbon dioxide is the main factor when it comes to what contributes to climate change. It is not necessarily the amount of carbon dioxide in the atmosphere, but rather the rate at which it is changing. There have been periods in history in which carbon dioxide levels have been high, but “Life, ocean chemistry, and atmospheric gasses had millions of years to adjust to those levels” (howardlee, 2014). There have been other times when carbon dioxide levels have changed rapidly, and this has resulted in severe consequences: “When CO2 levels jumped rapidly, the global warming that resulted was highly disruptive and sometimes caused mass extinctions” (Howardlee, 2014). Current data shows that humans are producing this kind of rapid change, and so we must go forward attempting to mitigate large emissions of greenhouse

    Read More

  • Mr Price Strategy

    1108 Words  | 3 Pages

    Mr Price Group must also protect the planet by decreasing their carbon footprint even more and start more projects such as the rooftop gardens to lessen their impact on the environment to better publicity. Mr Price Group reduced their carbon footprint by 17% or 29 500 tonnes of CO2 emissions through improved energy usage and lower energy intensive lighting. They can also increase the amount of waste recycled at the head office which is currently only at 50%.

    Read More

More about Three Important Facts About BHP Billiton a Multinational Mining Company in Australia

Open Document