Business Ethic is as important as Profit

 

The oil company Chevron that we probably get to see every day is actually creating a disaster for human beings by disposing toxic waste directly in water that is used for drinking and washing. According to the statistic, the subsidiary company of Chevron, Texaco, earned a profit of over 500 millions at the expense of poisoning the rivers. A serious health crisis has arisen as the cancer rate almost triple in the local area and 1400 people have died because of this. Other health issues such as birth defect and abortion are still plaguing the Amazonian. However, Chevron act as an outsider of this catastrophe stating that it is the government’s responsibility to clean up the mess they made and they have nothing to do with those health problems. Their actions, in my opinion, will only damage their reputation and shorten their company life span. Experts said that Chevron might make compensation for the damage to environment for up to 27 billion American dollars. That may cover the net profit they made for ages and I think they certainly deserve that.

 

It is the link of my information source: http://www.geopoliticalmonitor.com/chevron-sued-for-dumping-toxic-waste-3027/

 

By the way, my legal name is Yiming Hu.

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