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Student presentation A2 Business CSR

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Slide 1: bp and CSR

BP:
BP BP is a global oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by revenues and one of the six oil and gas "super majors". It is vertically-integrated and is active in every area of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading. It also has major renewable energy activities, including in bio fuels, hydrogen, solar and wind power.

Stakeholder objectives -The potential benefits of CSR relative to the costs for businesses and stakeholders:
Stakeholder objectives -The potential benefits of CSR relative to the costs for businesses and stakeholders This is an extract from a speech made by BP Senior Advisor Charles Nicholson in 2002 at the CSR Europe General assembly meeting: “ The boundaries to corporate social responsibility are conceptual. A company’s primary responsibility is to its shareholders, to its owners. The boundaries are ideological. A company is not a government. It is not elected. It has no popular mandate. It mustn't confuse its role with the role of others. The boundaries are practical. A company has limited resources, limited expertise and limited reach. A company is not a panacea, a cure-all. The boundaries are influenced by self-interest. Business thrives if the society in which it operates thrives. To neglect this is to put at risk the interests of our shareholders. And however you look at it the boundaries are constantly changing. What was a boundary a few