By Jedrzej George Frynas
Company Social accountability (CSR) has emerged as a massive procedure for addressing the social and environmental influence of corporation actions. but businesses are more and more anticipated to head past this. they're now usually anticipated to aid in addressing a number of the world's such a lot urgent difficulties, together with weather swap, poverty and HIV/AIDS. With expanding expectancies put on company, this booklet asks if CSR is in a position to providing on those better expectancies. It does so by means of investigating an that has been on the centre of the CSR improvement - the oil and fuel zone. taking a look at businesses from built nations akin to Exxon and Shell, in addition to businesses from rising economies similar to Brazil's Petrobras and China's CNOOC, the booklet investigates the potential for CSR for addressing 3 vital demanding situations within the business-society dating: the surroundings, improvement and governance.
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Extra resources for Beyond Corporate Social Responsibility: Oil Multinationals and Social Challenges
It was revealed that the company had paid millions of dollars to the Colombian army and had provided the army with photographs and other information about anti-oil protesters, which allegedly led to intimidation, beatings and disappearances (Anonymous 1997). ’ A senior BP manager – David Rice – admitted a number of years later: We’ve learned from our mistakes, not least because we’ve been challenged by NGOs. In Colombia we were accused of getting too close to the army and police in order to protect our operations.
The 2001 boycott campaign against Exxon made little impact on the company’s strategy, despite shareholder resolutions and media publicity (Gueterbock 2004). The boycott was supported mainly by European non-governmental groups and failed to make real impact in Exxon’s and Chevron’s home base – the United States. In contrast, BP’s and Shell’s CSR initiatives fitted nicely with the Dutch and the British Government support for the Kyoto Treaty, and the companies faced many powerful London-based non-governmental organisations.
When oil is produced, natural gas is often found in the same oil reservoir and it flows to the surface in an oil/gas/water mixture – this is called ‘associated gas’. Only several decades ago, natural gas was not of much interest to oil companies. In the middle of the twentieth century, when gas was found on its own, the find was sometimes classified as ‘dry’ (that means, a drilling which did not result in any significant findings). This has changed considerably since then, with some developing nations such as Algeria and Indonesia having become important gas exporting nations.
Beyond Corporate Social Responsibility: Oil Multinationals and Social Challenges by Jedrzej George Frynas