I thought it would be interesting to look at the issues surrounding business ethics and the Northern Gateway Pipeline, particularly the role of Jim Prentice (Alberta Premiere) in trying to bridge the gap between Enbridge Inc. and the First Nations groups seeking to protect the land. (Tait)
Here lies the seemingly ever-present conflict that exists between economy and environment. More specifically, there lies the ethical issue of whether it is right, or worth it, to expand on and help out this industry while placing the environment at such risk.
On one hand, there is no doubt that the oil and gas industry boosts the Canadian economy, aiding global trade and providing local jobs. On the other hand, is it ethical to place the environment at risk, especially in the long run? “Money, of course, lurks behind the facade of “ethics”. Huge amounts are to be made by building the Northern Gateway pipeline. Most of the benefits, however, would go to Alberta and the oil industry operating there. Canada would benefit from thousands of new jobs. But as usual, the issue is more complicated than first appearances.” (Grigg)
According to the article, Prentice is trying to bridge the gap between the two groups and to have them come to an agreement. I think this ties into the issue of stakeholders, and how we cannot look at stakes/stakeholders in isolation. Each group is important to the success of a business – not just financiers. (Freeman). Here, not only are those working in the industry involved – so are others who live in areas that rely on the economy, as well as, of course, the first nations groups. It is only in Northern Gateway’s best interest to appeal to other parties (such as opposing First Nations Groups) when it comes to the building of the pipeline – at least in terms of appearance and legality.
http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/industry-first-nations-share-northern-gateway-pipeline-ally-in-prentice/article20501547/
Works Cited
Grigg, Ray. “Northern Gateway: Pipeline to Problems -The Common Sense Canadian.” The Common Sense Canadian. The Common Sense Canadian, 26 Feb. 2012. Web. 10 Sept. 2014.
“Stakeholder Theory.” Interview by R. Edward Freeman. YouTube. YouTube, 13 May 2009. Web. 10 Sept. 2014. <https://www.youtube.com/embed/bIRUaLcvPe8>.
Tait, Carrie. “Industry, First Nations Share Northern Gateway Pipeline Ally in Prentice.” The Globe and Mail. The Globe and Mail Inc., 9 Sept. 2014. Web. 10 Sept. 2014.