PAPER2 - Richard Knowlton Business Ethics Environmental...

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Richard Knowlton Business Ethics Environmental Corruption: BP In the past few decades, the environment has become a tangible issue amongst government institutions, business organizations, and the public alike. Environmental destruction had always been an accompaniment to mankind, and as we have progressed, the roses were still falling victim under our heel. Environmental concern stemmed from the realization that perhaps our actions were leading to the decay of the land and weighing heavily on nature. This especially became evident through the birth of industrialism. As the fires turned the wheel of society, its smoke and ash laid waste to the natural splendor of the earth. This destruction gave spark to a new breed of thinking: conservationism. If, indeed, nature and men were to survive there must be a balance present for its preservation. This philosophy gave the environment a new hope, as well as society. With conservation, the land would be just as glorious from generation to generation, and the power struggle over the earth's resources would virtually disappear. "World-wide practice of Conservation and the fair and continued access by all nations to the resources they need are the two indispensable foundations of continuous plenty and of permanent peace" (Pinchot 23). However, this idea of conservation is somewhat an ideal, as there always seems to be a trend for some to cut corners. There seems to be a common argument throughout the business world that states that being environmentally sound and friendly is expensive and thus unfeasible. Most would see it as a paper thin defense, backed by greed and inconsideration, but still it seems to be held by many as a golden mantra. A general example would be disposal by draining wastes into a nearby waterway. To a company, it doesn't directly cost them to do this. However, this is a fallacy, as disposing harmful chemicals and solvents takes its tole on the land, and often local populations. And while, it may not seem as it were a cost to the organization, it still puts a burden and hardship on all that it affects. This of course causes a liability and accountability to the company because it was improperly dumping its waste causing detrimental harm to and destruction to the surrounding area. It's this type of negligent philosophy that paints a black mark on industry. British Petroleum, often referred to as BP, is a multinational oil and energy corporation based out of London, England. The company got its start in Iran in the early 1900's, and by 1950, it had a complete monopoly over oil production and drilling. Through means of an assassination on the pro-western Prime Minister, a new nationalist leader was elected and accordingly nationalized the oil industry in Iran. In response, the British government launched a campaign to attempt and regain its assets in Iran. The English needed American support and managed to convince the U.S. government that the new Iranian leader was planning to turn the democratic
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This note was uploaded on 03/30/2008 for the course B A 242 taught by Professor Mr.scheib during the Fall '08 term at Penn State.

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PAPER2 - Richard Knowlton Business Ethics Environmental...

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