British Petroleum and Corporate Social Responsibility Case Study: British Petroleum in Georgia

Tamar Lazishvili, Ph Student, Irina Bakhtadze
2016 Journal in Humanities   unpublished
The rising importance of Corporate Social Responsibility (CSR) means that corporations must consider stakeholder interests as well as the social, political, and environmental impacts of their actions. However the pursuit of profit by multinational corporations has led to a series of questionable CSR activities and the effect of such practices are particularly evident in developing countries. Multinational corporations often articulate their devotion to CSR principles , but the gap between
more » ... ic and reality, especially in some parts of the world reveals that many corporations have not fully integrated CSR into their business models. Using BP's activities in Georgia as an example, this article examines whether the multinational company meets its CSR requirements and detail how in 2004 BP bullied the Georgian Government into violating its own laws, potentially endangering the local environment and compromising the vital relationship between BP and Georgia.