Business ethics could be viewed differently according which group of stakeholders you belong. In my person opinion, companies should prioritise their stakeholders; most importantly providing back to the community. In the modern society where information is transparent company’s ethics are frequently questioned,
allowing the public to have their personal approach on events that happen across the globe.
This is an example I have found ,Nigeria Delta is one of the main exporters for crude oil, it averages about 2.2 million barrels of oil per day. Their oil reserves where discovered by Shell-BP, hence profiting from the oil rich nation whilst returning the least to the community.
The Nigerian Delta’s official report quoted from, the guardian, “ several hundred spills a year” from the oil gas lines. Shell proclaims that they improved the living condition of the locals by cleaning the oil spills, despite nothing have been done by the oil corporation. This questions the ethics of the company of shell or the corrupted politicians. Shell blames the oil spills due to oil piracy, however the real question is where has the oil revenue been? why isn’t there developments in Nigeria Delta to improve their citizen’s quality of living?
The undeveloped oil nation would have to suffer under the power of a multi billion dollar company although its one of the world’s oil richest nation. Hence, this is a article where the ethics of a company is questioned as there isn’t physical evidence of Shell has done to improve the current conditions of Nigeria Delta.
Source:
http://www.theguardian.com/global-development/2013/nov/07/shell-oil-niger-delta-pollution-amnesty
http://cargocollective.com/climatechangestoriesforsocialjustice/Shell-Oil-Pollution-Niger-Delta-Nigeria
Image:
http://groundreport.com/nigerias-oil-a-factor-to-which-development-pillaging-identity-crisis-and-resistance-in-the-niger-delta/