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Emergency and crisis response plan
Emergency and crisis response plan
Emergency and crisis response plan
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INTRODUCTION BHP Billiton is a leading global resources company. Its vision has always been to create value for its long term shareholders through the holistic approach of natural resources, which involves 4 major steps, namely discovery of the natural resources, its acquisition, development and management of the natural resources, and finally marketing of the same. BHP Billiton is a global firm, with operations on a truly worldwide scale, and has been single minded committed in upholding its core values of integrity, respect, simplicity, sustainability, accountability and performance. BHP Billiton has a strong, unrivalled and enviable portfolio of the best quality opportunities for growth as they intend to continue meeting the ever changing needs of its esteemed customers and the demand for resources of economies across the globe. An Anglo-Australian company, based in Melbourne, Australia, BHP Billiton is the world’s largest mining firm as per 2011 estimates, with revenues of approximately $65.968 billion, and the third largest in the world by market capitalization. It’s key products include aluminium, iron ore, coal, copper, diamonds, gold, manganese, natural gas, nickel, petroleum, silver and uranium. BHP Billiton has always prided on its asset of a diversified portfolio. It employs a high quality of people, has a strong asset base and has long followed its long term strategy of owning, managing and operating massive, long-life assets with a low operating cost and plenty of scope for expansion. These are further diversified by product location and market. Another strength of BHP Billiton has been to deliver projects on schedule and within budget, in addition to its commitment to continuous investment through the producti... ... middle of paper ... ...hly as possible. Requirements include: • Identifying potential emergency situations and their impacts • Defining response plans, roles and responsibilities • Identifying, maintaining and testing resources to ensure their availability • Training employees, contractors, visitors and external stakeholders • Identifying, documenting, sharing and following-up on lessons learned from emergency response drills A crisis or emergency may be an incident, extreme climatic event, disease outbreak, security issue or any other event that poses a significant threat to: The safety or health of employees, contractors, customers or the public The environment; our reputation; and/or the physical integrity of an asset BHP Billiton is a signatory to, and participant in, the Voluntary Principles on Security and Human Rights. REFERENCES (i) www.bhpbilliton.com
Crisis is an event that is unplanned, unwanted, and dangerous and leads to hard decision making. There are many different types of crisis such as economic crisis, mental health crisis, situational crisis, social crisis, adventitious crisis and many more. Every type of crisis affects people more than we think and know. There is always someone who loses and who gains during a crisis. People who lose are usually the ones who are affected the most such as losing a job, losing a family member or someone close to them, losing their homes and sometimes even their own lives. The people who gain are usually the rich people who prey on the poor and usually gain from making money and the poor’s lives miserable.
The company is known as the largest iron ore, coal and manganese producer in Australia, Brazil, and South Africa. They own one of the major suppliers or copper, silver, lead, and uranium in Australia and continuously looking for ways to expand globally. As of 2016 BHP Billiton has been announced to be the third largest nickel producer and the sixth largest producer of aluminum
Echterling, Presbury and McKee (2005) define crisis as a turning point in one’s life that is brief, but a crucial time in which, there is opportunity for dramatic growth and positive changes, as well as the danger of violence and devastation. They further state that whatever the outcome, people do not emerge from a crisis unchanged; if there is a negative resolution, the crisis can leave alienation, bitterness, devastated relationships and even death in its wake; on the other hand, if the crisis is resolved successfully a survivor can develop a deeper appreciation for life, a stronger sense of resolve, a mature perspective, greater feelings of competence, and richer relationships.
Barrick’s emphasis on community and development for maximizing return for shareholders has not seen enough success due to environmentally unsound practices and the controversies arising from them. They should invest more into becoming the company they advertise to be, so that environmental outcry does not hinder their performance. They have been moving into new areas for mining, but have not been open with the natives to that area about the potentially toxic and disastrous effects that their projects will have, so even building schools and medical centers is not good enough to keep surrounding communities happy. In order to improve public image and create a better name for themselves, they must comply
PricewaterhouseCoopers is one of the big four accounting firms who’s services include, audit, assurance, consulting, tax services, and risk assurance services. PwC concentrates on 16 key industries and provides precise services that include human resources, deals, forensics, and consulting services. PwC is a firm that is consistently looking to gain an edge for their clients. With its headquarters based in London PwC boasts 776 locations with over 180,000 employees. The empire that is PwC consistently achieves success, recording nearly $31.5 billion in revenues for the fiscal year 2012.
The company’s strongest impact and contribution to sustainability lies in the critical parts of their business which leads to the success and diversity of our associates (customers), food safety, health and nutrition, strong supply chain, environmental factors, and community/stakeholder engagement and impact of the people along with the CSR initiatives.
In 1997, Australia produced 158 million tonnes of iron ore. However, in 2007, this figure had more than doubled with a total of 320 million tonnes (U.S. Geological Survey, 2008). Such a significant change is partly attributed to the continuous expansion and diversification of the industry’s two key players, Rio Tinto Group and BHP Billiton, into the Pilbara region of northwestern Australia. Other sensitivities include environmental and social demands, technological advancements, and research and development amongst others. It must be noted that each of these factors can be drawn back to a single title that is a major influence on industries worldwide: globalisation. ‘Figure 2’ shows the production levels of iron ore over the 2006-07 period, and its export value compared to other mined minerals.
This company has come a long way into the sustainable and triple bottom line world. “Four wind turbines were erected in 2013 to reduce the use of diesel fuel, which had to be trucked in on a 550-km ice road at a cost of $70 million a year” (Hamilton, 2016). Wind turbines are put into place to create electricity through the spinning of the propellers. Mines are underground therefore it is extremely crucial to have electricity through renewable energy to create light for the miners underground because of the darkness being created. More importantly, if every corporation were to include the triple bottom line in their business goals, it would aid with climate change and global
In today's changing global environments many companies have joined the open trade policies, and existing foreign opportunities available to growing companies with positive views and socially responsible attitudes. It all sounds like a lot to cover in a short essay so I will introduce a company that has in its short, yet very successful existence transformed through all the levels and practices mentioned above. The company is called "The Body Shop", I hope you have heard of it for that would make our journey through it's development even more enjoyable. Management is described as the process of getting activities with and through other people. This philosophy has been so widely examined that there are literally millions of opinions and differing views on the subject.
No longer standing tall amongst the competition, few companies in the world were hit quite as hard by the capitulating commodities prices. The price of Glencore shares would tumble to record lows, as the company revealed that profits had dropped by almost 30%, a figure that certainly floored many. With such figures hitting global newswires it was evident that Glencore shares were rotting from the inside and something had to be done. Speaking on the moves being made to restore pride to Glencore shares, Ivan Glasenberg (Chief Executive) said, “Against a challenging backdrop for many of our commodities, we have taken a range of pre-emptive actions in respect of our balance sheet, operations and capital spending in order to preserve our current credit
The communication process is not something that begins when a crisis rears its ugly head rather it is a process that takes place in preparing for a crisis before it happens. While the term crisis represents a blanket term used to describe many situations, each situation is unique, thus presenting different obstacles to overcome. However, with a well-established advanced plan in place an organization places itself in a position to overcome and work around obstacles. The development of a comprehensive crisis management plan is one achieved through effective communication where each member of the crisis management team has an advanced shared understanding of his or her role and responsibility during a time of crisis (du Pr'e, 2005).
exactly qualifies as a crisis? According to Sloth (2004), a crisis is. a situation that has reached a critical phase for which dramatic and... ... middle of paper ... ...
To succeed also requires, we believe, the highest standards of corporate behaviour towards everyone we work with, the communities we touch, and the environment on which we have an impact.
Russel Y., Topper S., Akerman L., Oliveira J., Strydom Z.; 2013; Studying Business NSC Business Studies Grade 12; 2013 Edition; Paardekraal; Excom Publishers; 26/05/2014
So, if these multinational corporations have such strong influence, it is their responsibility to activate change in terms of sustainability. Sustainability is the number one problem our society faces today. Sustainability refers to social, environmental, and economic behavior that aims to maintain our resources so that the world and everyone on it can continue to exist in a prosperous manner. Social sustainability is “identifying and managing business impact, both positive and negative, on people.”