Environmental Responsibility Usage of Oil Company-Free-Samples

Question: Discuss about the Oil Companies Environmental Responsibility Usage. Answer: The oil industry has been an excessively large industry, which contributes to over 40% of the energy demands of the US. This kind of energy has been considered as one of the contributors who have immense impact over the environment (Ihlen and Roper 2014 pp-42-51). The paper will intend to focus on the ways oil spills namely ExxonMobil, Shell and Chevron Corporation have implemented environmental accountabilities as a form of competitive advantage. ExxonMobil, an American petroleum company has been immensely committed towards the sustainable growth by balancing the economic development as well as environmental safeguard for its upcoming generations. The companys corporate citizenship has been structured in order to provide to the wider range of sustainability purposes of the society in order to gain competitive advantages (Schneider et al. 2013 pp-6). The company believes in the need and demands to conserve water, which is regarded as a significant element. It has initiated approaches such as Nobody Gets Hurts that has articulated value and importance which further established the organizations concern as well as commitment towards the communities with which they deal with. The company has further facilitated in decreasing its rate by over 10% of freshwater consumption between 2007 and 2014 (Uliasz-Misiak, Przybycin and Winid 2014 pp-68-77). Another significant approach initiated by ExxonMobil has been the Operations Integrity Management System (OIMS) that has effectively established a common outline in order to address safety, protection, health and other environmental as well as social risks and challenges. Shell Oil Company that is a wholly owned subsidiary of the Royal Dutch Shell has intended to accomplish the recent energy demand and requirement in a sustainable manner through safe and protective operations, further reducing the influence on the environment as well as the distribution and allocated advantages with the communities they work in (Ihlen and Roper 2014 pp-42-51). The company has been engaged in a movement that seeks to lower-carbon energy consumption in its future endeavours. Shell has administered direct GHG emissions by performing on the enhancing the energy effectiveness of the facilities (Shuen, Feiler and Teece 2014 pp- 5-13). It further has accessibility to the water resources in the areas of its operations and administers competences the ways it facilitates in the reduction of water usage. The report delivered by the organization offers regular data to the Carbon Disclosure Project and other organization that evaluated the economic, environmental as well as social performance of the companies. Chevron, an American oil and gas corporation has based its strategy on the companys vision and aim to be regarded as the international energy consumption organization for its people, affiliation and performance. The organizations CSR activities mentions in particular three fundamental values namely partnership, diversity and safeguarding its people and the environment. Chevron has successfully incorporated its CSR activities by making it one of its 13 chief elements in its Operational Excellence Management System (Allen 2016 pp-1-19). The company has facilitated its business operations to focus on the social as well as environmental impact of the business decisions and operations of the company in order to improve its competitive advantages within the oil industry. Therefore, from the above discussion, it can be concluded that unique and innovative approach towards sustainability and effective allocation of social and environmental projects have facilitated the oil companies to implement environmental responsibilities and accountabilities as a competitive advantage to the oil spill industry. References Allen, M., 2016. Sustainability and Communication. InStrategic Communication for Sustainable Organizations(pp. 1-19). Springer, Cham. Ihlen, . and Roper, J., 2014. Corporate reports on sustainability and sustainable development:We have arrived.Sustainable development,22(1), pp.42-51. Schneider, J., Ghettas, S., Merdaci, N., Brown, M., Martyniuk, J., Alshehri, W. and Trojan, A., 2013. Towards sustainability in the oil and gas sector: benchmarking of environmental, health, and safety efforts.Journal of Environmental Sustainability,3(3), p.6. Shuen, A., Feiler, P.F. and Teece, D.J., 2014. Dynamic capabilities in the upstream oil and gas sector: Managing next generation competition.Energy Strategy Reviews,3, pp.5-13. Uliasz-Misiak, B., Przybycin, A. and Winid, B., 2014. Shale and tight gas in Polandlegal and environmental issues.Energy Policy,65, pp.68-77.