Open AccessLessons Learned from BP: Deepwater Horizon and the Transition to Renewables
Author(s) -
Daniel Valle
Publication year - 2021
Publication title -
journal of global awareness
Language(s) - English
Resource type - Journals
eISSN - 2692-7179
pISSN - 1932-0817
DOI - 10.24073/jga/2/02/07
Subject(s) - deepwater horizon , renewable energy , sustainability , energy transition , transition (genetics) , fossil fuel , business , suspect , corporate social responsibility , petroleum industry , environmental resource management , natural resource economics , engineering , political science , economics , public relations , oil spill , petroleum engineering , ecology , environmental engineering , law , waste management , alternative medicine , chemistry , pathology , biology , biochemistry , panacea (medicine) , medicine , electrical engineering , gene
This paper analyzes the gradual transition of British Petroleum (BP), one of the world's largest oil and gas companies, into a renewable energy company focused on sustainability and the reduction of carbon emissions. BP's leadership and ethical practices are compared before and after the 2010 Deepwater Horizon disaster. The purpose of the comparison and the broader analysis of the transition is to identify how effective leadership can be used to transform a company with a suspect social responsibility record into a leader among its peers. Lessons learned from the disaster, and the subsequent transition conclude the research.