Exxon Valdez Oil Spill Case Study
EXXON VALDEZ OIL SPILL
Overview of Exxon Exxon provides fuel and lubricants under four brands. The brands that Exxon have are Esso, Exxon, Mobil and ExxonMobil Chemical. Throughout the world, customers have relied on Exxon products for personal and business needs. Exxon is a shipping company based in the United States. Exxon headquarters is in Irving, Texas, United States and the company has been in business for 125 years.
Description of the Ethical Dilemma The Exxon Valdez oil spill took place on March 24, 1989 around midnight near Valdez, Alaska. At this time, the captain of the ship, who was arguably intoxicated at the time, allowed the tanker to be steered into a reef and …show more content…
It is believed that the Exxon crisis will become a textbook example of what a company should not do when they are thrust into a situation like this. The two major things that happened to ruin their reputation were, that the tanker ran aground, and that the attempts to stem the flow of oil from the tanker after the incident were extremely slow. Although they did not react very well to the oil spill, they have been spending a lot of time and resources since then trying to reconcile and bring their reputation back to what it once …show more content…
The company took immediate responsibility and action to prevent the effects of the spill from spreading. Exxon spent 4.3 billion dollars on the cleanup costs and compensated 11,000 Alaskans for the oil spill damage caused to each person’s property within one year of the accident. Since the oil spill clean up was declared complete, Exxon has made efforts to prevent a catastrophe similar to this from taking place again. Tanker routes have been altered to avoid environmentally fragile areas, training programs have become more effective, new technologies that improve ship’s radar have been implemented and Exxon has become a founding member of all major oil spill clean up operations, among many other things.
Our Opinion For our group’s opinion, we believe Exxon did not respond to the oil spill appropriately and on a timely basis. The cleanup was too slow and took too long, not to mention that there is still oil left in the area today. Although Exxon paid for all of the cleanup and compensation, they are still to blame and are responsible for this oil spill. This spill could have been prevented if the workers on the ship told management about how the captain and crew master were under the influence of alcohol. Overall, this was not ethical behaviour that was demonstrated by the members of the