A CRITICAL EVALUATION OF THE SUSTAINABILITY AND ETHICAL PERFORMANCE OF BRITISH PETROLEUM
MBA final assessment: Individual assignment
In order to determine your understanding of the theories and practices around sustainable and responsible business, you are tasked with analyzing the sustainability performance of a large multinational in the extractive industries, British Petroleum (BP). You will have to gather and study all available resources that could provide you with insight into their performance in the areas of sustainability and ethics, including their sustainability report, website resources, case material, and secondary academic analyses of their practices.for example have a look at these journals too(1.BRITISH PETROLEUM(A);DEFINING A STRATEGIC VISION,2, BP’S DEEP WATER DISASTER(A); OIL INDUSTRY’S VALUE CHAIN RISKS,3. BRITISH PETROLEUM (C) ECONOMIC AND ENVIRONMENTAL SUSTAINABILITY?4. BRITISH PETROLEUM(B); THE DEEP WATER HORIZON EXPLOSION. BRITISH PETROLEUM(C); ECONOMIC AND ENVIRONMENTAL SUSTAINABILITY? and BRITISH PETROLEUM’S CSR PRACTICES; A SUSTAINABLE DEVELOPMENT OR GREEN WASHING?)RISKS,
In your assignment, please assess the sustainability and ethics performance of BP by critically evaluating the following:
1) BP’s approach and commitment to values
2) BP’s stakeholder engagement practices
3) BP’s commitment to ethical communication with stakeholders regarding their sustainability performance
4) Their leadership approach towards responsible and sustainable business
5) Their implementation strategies towards sustainable and responsible business across the value-chain
6) Those risk management and compliance strategies that pertain to ethics and sustainability
Structure of the assignment
1) Introduction: framing the paper’s main argument and providing conceptual clarification
– Theoretical framework: assess the main theories that you chose to apply and critically evaluate their contribution to assessing the case at hand
– Critical evaluation of each of the content areas mentioned above
3) Conclusion: a summary of BP’s strengths and weaknesses in the area of sustainability and ethics, and suggestions on how they might improve their performance in this area.
The main criteria upon which our assessment is based include:
• Critical analyses of and insight into the material we discussed
• Theoretical knowledge and understanding
• Application of theory to practical problem-solving
• Translating insights into new management systems and practices
• Further important stylistic factors include overall structure, argumentation flow, and editing.
