Should Business Influence the Science and Politics of Global Environmental Change? The Oil Industry and Climate Change (A) (French)

Published 03 Jan 2004
Reference 4957
Topic Strategy
Industry Oil & Energy
Region Global
Summary

Case A presents three strategic options considered by a fictitious international oil and gas corporation to address the issue of climate change: "fight against action", "wait and see", and "dynamic proactive". Case B presents the climate change strategies of three multinational corporations – ExxonMobil, BP Amoco, and TotalFinaElf.

Teaching objectives

1) assess critical business strategies on global environmental risks and underlying ethical dilemmas; 2) acknowledge influence of business on scientific and political dimensions of society, and ethical responsibility as an inherent dimension of business global strategy; 3) reflect on ethical management of this influence; and 4) reflect on the evolution of business responsibility.

Keywords
  • Business ethics
  • Climate change
  • Oil industry
  • Ethical dilemmas
  • Global environmental change
  • Kyoto protocol
  • Social responsibility
  • Global strategy