British petroleum is one of the world’s largest firms that deal with discovering and extracting oil, refining oil, and selling oil and gas. Since, these products are supposed to be provided to certain many consumers around the globe therefore, it incorporate with many people in the diverse societies along with the many of the diverse organizations with which it works. These incorporations require maintaining several many ethical and societal issues in relation to both the people and companies. These ethical and societal issues are needed to be dealt very carefully. In these issues a further problematic aspect of quality that has been provided to the customers in the form of products or services, is also a considerable matter.
This requires that the company should be providing the customers with the same quality of product for which they are being expected. Moreover, suppliers should be dealt honestly and also with complete corporation. Coming towards employees, they should be given healthy and safe working environment. Shareholders should be given long-term share value. Stakeholder engagement is very crucial for all businesses and its importance cannot be substituted or replaced. Moreover, its negligence would cause to suffer sufficiently stringent governmental suits. As a company works in an environment it should take care of …show more content…
Besides, claiming itself as Environment friendly company in 1997. It was fined many times for some major pollution incidents. When British petroleum was asked for the answer, it said that many environmental and social challenges have been faced by the world in the 21st century. However it claimed that it will make all the efforts to resolve the problem. Moreever it said that efforts will not be much fruitful until governments, companies and civil society assist British petroleum in resolving the