News report P2
The following news report concerns the unethical behaviour coming from a leading oil company that is Chevron. It is reported they are currently causing extreme damage to the environment in Ecuador as a result of their bad practises.
We have been informed that more than 18 billion gallons of toxic wastewater has been dumped in the areas surrounding their operations, there have also been reports of around 17 million gallons of crude oil being spilt alongside vast amounts of hazardous waste being left in open pits in the forest floor; all in a bid for Chevron to save money.
These practises did not meet industry standards and are illegal in both Ecuador and the US. Chevron ...view middle of the document...
The employees of chevron will now be in a position of choosing whether to stay in such a corrupt company, or taking the moral high ground and leaving. Although for those involved in allowing for the destructive practises to take place, such as the board of directors, managers and owners, it may be a different story as they are now under scrutiny and will be having to justify or explain their actions.
Customers may now choose to avoid buying their oil from chevron also, meaning that other companies such as BP and Shell will become more popular.
Unethical behaviour such as that shown by Chevron is often a result of conflicts of interest, the main one being the demand of low cost/high quality goods from customers, and the need to provide them by companies such as chevron, who will want to provide goods for a high price to increase their revenues. This conflict in demands often results in businesses such as chevron behaving unfairly upon others to achieve an outcome that suits both parties involved.
Chevron and their competitors will also both have conflicting interests, as chevron will want to provide their customers will a fairly priced product, whereas their competitors will want them to have high prices so that they can provide cheaper products and be more appealing to their customers. This fight to have the lowest price therefore often means that businesses have to act unethically, such as paying the going rate or cutting corners concerning health and safety to allow them to achieve low cost goods.
The media, like ourselves will of course look for businesses behaving badly as they attract a lot of attention and make for great headlines, however, the business which is under fire will of course not want this attention as it will cause customers to be less willing to use their products after being portrayed in bad light. The media has a great impact in what you as customers read, and have the strength to report unethical behaviour such as chevrons in great detail to ensure the full story is heard. For chevron of course this can be extremely harmful, so they will not want to behave unethically in fear of this.
Trade unions may also have conflicting interests with chevron, if they are demanding better working environments for their employees that chevron cannot afford to provide, they may be in the situation where they act unethically to provide these standards to ensure trade unions interests are satisfied.
And finally, the communities who are directly affected by chevrons practices. Those who have to live near sites used for digging for oil, where their rivers which they drink from are contaminated, where they are lied to by those destroying their community. For chevron, these are simply areas from which they can take the oil from and move on, not having to worry about the effects that will last for years to come. Communities living in the area of the amazon that chevron target would have expected to be contacted before they moved...