Sustainable Development at British Petroleum


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Please note:

This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.

Case Details:

Price:

Case Code : BECG056 For delivery in electronic format: Rs. 400 ;
For delivery through courier (within India): Rs. 400 + Rs. 25 for Shipping & Handling Charges

Themes

Sustainability development
Case Length : 18 Pages
Period : -
Pub. Date : 2006
Teaching Note : Not Available
Organization : British Petroleum
Industry : Oil and Chemical
Countries : United Kingdom

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 environmental 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.

Issues:

» 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 development to reduce environmental pollution levels and improve the standard of living of people

» Understand the problems involved in transforming an 'oil company' into a 'green company'

» Understand the ways through which a company can use its sustainability programs as a tool to increase its revenue generating activities in the long term

Contents:

  Page No.
Introduction 1
History 2
Environmental Initiatives 5
Regional Development 7
The Gains 9
Exhibits 12

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

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