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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Week 8 Concept Discussion

Week 8 Concept Discussion

Q Corporate Responsibility over time For quite sometime it has been expected that corporations will put forth an effort to support the community, society and leave a positive social footprint. let's Look at two of the biggest disasters in history - the Valdez and BP oil spills. Valdez Oil SpillLinks to an external site. BP Oil Spill Links to an external site. Now, research what each company did immediately AFTER the accidents. What did they do? Why? How has the growth of social responsibility changed how corporations handle these types of situations, Remember accidents happen. neither one was intentional or our of negligence. This is a hot topic so be respectful of each other's options. Post your original post by Wednesday night at midnight. This rubric will be used to grade each week. discussionboard_rubric.docx Actions • Read all other student's postings as the week progresses and return to the thread to respond to the comments of your classmates. Remember to address other students by name if you are responding to them directly. Please begin your discussions by Wednesday of this week. You must respond to a minimum of 3 peers with value added comments by Sunday at midnight CST.

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Corporate Social Responsibility The Exxon Valdez oil spill occurred on March 24, 1989, releasing approximately 11 million gallons of crude oil into Prince William Sound, Alaska (National Oceanic and Atmospheric Administration, n.d.). Following the accident, Exxon took several steps to address the spill's impact on the environment and society. Some of the actions taken by Exxon included: 1. Mobilizing an emergency response team to clean up the spill and contain the damage. 2. Providing financial compensation to the people affected by the spill, including fishermen, Native American tribes, and local residents. 3. Establishing the Exxon Valdez Oil Spill Trustee Council, this oversaw the long-term restoration of the environment.