BP Essay Example | Topics and Well Written Essays - 500 words - 1

BP - Essay ExampleBP publishes a sustainability refreshen report on a regular basis in which it focuses on building a safer as well as a stronger workplace. It does not have any designated Corporate Social Responsibility ships officer (CSR) to oversee their CSR activities. The Chairman has the discretionary authority to look after their valuable social activities. In rear to address ecological and social concerns, after the 2010 Gulf of Mexico oil spill case incident, BP has decided to consecrate around US$500 million within a period of 10 years towards reenforcement research activities for betterment of ecosystem in the Gulf region. In order to contribute to people, planet along with direction on its long-term profitability, BP has decided to focus on ISO 140012004 standards for environmental management, which in turn can run benefit to the people all over the world and can ensure its sustainability (BP plc, Sustainability Review). The company has save a huge number of enviro nmental disasters with over 8,000 spills of oil, dangerous chemicals as well as gases. The states of Texas and lanthanum have been the worst hit with close to 3,000 cases being reported in those states. There occurred about 550 anterior incidents in the Mississippi Canyon near the area where the current Deepwater Horizon disaster is unfolding. In the youthful past, two major incidences have been reported in the city of Texas in which an explosion was registered in the major refinery of the company in the year 2005 and oil spill at the Prudhoe Bay. The Texas explosion led to the death of 15 people while at the same time 170 people were severely injured. The root causality of the explosion was found to have been caused by temporary trailers that had been placed close to the volatile units which the companys top management admitted to have been a measure taken to cut costs. It was further established that brusque maintenance of the