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Business Ethics P3

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Business Ethics P3
Describe the social implications of business ethics facing a selected business in its different areas of activity.
The organisation BP
BP is a British public limited company which provides gas and oil. It is stated that it is the third largest energy company and the fourth largest company in the world itself.
The business provides oil, gas and renewable energy resources to business such as petrol stations like SHELL. The company states that their main activities are the exploration and production of crude oil and natural gas, refining, marketing, supply, transportation, manufacturing and marketing of petrochemicals. BP also has growing activity in gas and power and in solar power generation and also has about 80,300 employees with a turnover of $297bn and operates in 100 countries on six continents. http://www.icis.com/v2/companies/9145150/bp/structure.html.
The strategy of the company is to focus relentlessly on safety and centres on playing to BP’s strengths which are: exploration, giant fields, deep water, gas value chains, a world – class downstream, technology and relationships. They aim to be successful providing outstanding performance, and known to be “one of the largest integrated energy companies in the world, BP is looking beyond traditional energy choices and are taking the next step into a brighter, cleaner tomorrow.
BP is known as one of the largest energy organisations worldwide, and is also known to be in the heart of the climate change debate. BP has been centre stage for their environmental and social presentations from other organisations. I think that this is a strong reaction to the growing compression on energy companies to have more accountable business activities within their organisation.
BP are trying to help the climate changing by using different types of energy efficiency by widening reductions and inferior carbon products, through biodiversity, water usages, waste and air releases.

The business BP itself has made a huge

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