Sunday, August 11, 2019

The Operationalisation Of Ethical Theory And Corporate Responsibility Essay

The Operationalisation Of Ethical Theory And Corporate Responsibility - Essay Example So our major subject of study is BHP’s moral study within the employees and socio-environment (Market Publishers, 2011, p.1). Utilitarianism Utilitarianism is a normative ethical theory and is a prevalent form of consequentialism. Consequentialism is one’s code of conduct for a range of moral theories that state the exactness and mistakes of an action that’s based only on the results produced by that action (Thompson, et al., 2000, p.4). BHP Billiton is a global leader in the natural resources sector formed by the merger of two complementary companies – BHP (Broken Hill Proprietary Company), an Australian company and Billiton, a British firm and it is head-quartered in Melbourne with various corporate branches at Johannesburg (South Africa), Houston (United States) and London (United Kingdom). The Company manufactures diverse range of products: base metals, aluminium, carbon, diamonds, energy coal and stainless steel-making raw materials and petroleum havi ng more than 100,000 employees’ world-wide helping a smooth workflow of the organization. BHP Billiton aims to create a prolonged significance through the discovery, development and conversion of natural resources and the anticipation of pioneering customer and market-focused solutions. Thus, it utilises the natural resources very wisely while providing customer benefits. BHP Billiton maintains a sustainable development ensuring that its business remains feasible and contributes lasting benefits to the society through the consideration of social, environmental, ethical and economic aspects in everything that it does. BHP Billiton’s ‘Sustainable Development Policy’ emphasis’ the company’s aspiration of zero harm to people, to any host communities and the environment.... Utilitarianism is a normative ethical theory and is a prevalent form of consequentialism. Consequentialism is one’s code of conduct for a range of moral theories that state the exactness and mistakes of an action that’s based only on the results produced by that action (Thompson, et al., 2000, p.4). BHP Billiton is a global leader in the natural resources sector formed by the merger of two complementary companies – BHP (Broken Hill Proprietary Company), an Australian company and Billiton, a British firm and it is head-quartered in Melbourne with various corporate branches at Johannesburg (South Africa), Houston (United States) and London (United Kingdom). The Company manufactures diverse range of products: base metals, aluminium, carbon, diamonds, energy coal and stainless steel-making raw materials and petroleum having more than 100,000 employees’ world-wide helping a smooth workflow of the organization. BHP Billiton aims to create a prolonged significance through the discovery, development and conversion of natural resources and the anticipation of pioneering customer and market-focused solutions. Thus, it utilises the natural resources very wisely while providing customer benefits. BHP Billiton maintains a sustainable development ensuring that its business remains feasible and contributes lasting benefits to the society through the consideration of social, environmental, ethical and economic aspects in everything that it does. BHP Billiton’s ‘Sustainable Development Policy’ emphasis’ the company’s aspiration of zero harm to people, to any host communities and the environment.

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