Bhp Billiton

Topics: Corporate social responsibility, BHP Billiton, Human rights Pages: 3 (1093 words) Published: April 1, 2013
BHP Billiton is known as the world's largest diversified natural resources company.As one of world’s largest producers of major commodities, including aluminium, copper, energy coal, iron ore, manganese, metallurgical coal, nickel, silver and titanium minerals, and uranium along with substantial interests in oil and gas. BHP Billiton's objective is to create long-term shareholder value through the discovery,acquisition,development and marketing of natural resources.As a global organization,it has more than 100000 employees and contractors across the 25 nations.BHP Billiton Summary Review for 2011 in the year ended 30th June 2011 showed the financial results increased compared to past 5 years that the total return to shareholders was US$15.1 billion,underlying EBIT was US$32.0 billion,attributable profit(excluding exceptional items) was US$21.7 billion respectively.Moreover,BHP Billiton made US$195.5 million of Community Contribution which contributed to the company's aim that to maximise shareholders' wealth. The community contribution BHP Billiton made can be considered as a part of the company's social responsibility and the sustainability for the society community.Corporate social responsibility is a form of corporate self-regulation integrated into a business model.The goal of corporate social responsibility is to embrace responsibility for the company's actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere who may also be considered as stakeholders.Corporate social responsibility is now paid great attention around the world and becoming more and more important for business. BHP Billiton has a long-term commitment to invest one per cent of its pre-tax profits in community investment programs on a three year rolling average, including cash, in-kind support and administration and to assist with the community investment target the company...
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