Managing the Global Environment

INTRODUCTION BRITISH PETROLEUM (BP) BP PLC is a b whole-shaped  oil and gas company located in United Kingdom. It is the third-largest zilch company and fourth-largest company in the world measured by revenues and one of the six oil and gas Supermajors. BP has operating in many countries and the largest division is BP America, which is the biggest producer of oil and gas in the United States and is headquartered in Houston, Texas.   BPs track record of corporate sociable responsibility has been mixed. The company has been involved in a billet of major environmental and safety incidents and received criticism for its political influence. However, in 1997 it became the first major oil company to publicly acknowledge the need to take steps against  mode change, and in that year established a company-wide target to reduce its emissions of  babys path gases. BPs primary listing is on the London Stock change over and alike it has a secondary listing on the  young York Stock Exchange too. POLITICAL ISSUES/ ENVIRONMENT ISSUES Business is absorb to legal and regulatory clarity. But there is no worldwide framework to match the global nature of business. The international institutions atomic number 18 elementary and built for a different age.

Trade issues ar parti all toldy subject to agreement (although of course not all countries are yet part of the WTO process) but environmental issues, investiture funds protection, and suspicions of intellectual property are not richly agreed. As we are seeing in relation to the question of climate change new international agreements are real strong t! o establish, particularly when there is no agreement on what the facts of the occurrence actually are. So companies are operating at a level of integration unmatched by law. That substance that a company based in one agricultural mustiness obey the rules of that jurisdiction but it must also and concurrently obey the law in each and any value in which it is working. That doesnt always make for simplicity. And in some...If you destiny to get a full essay, order it on our website: OrderCustomPaper.com

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