Posts from ‘February, 2009’
Enron, Lehman Brothers, Royal Bank of Scotland Royal Dutch Shell – what have these corporations got in common? Quite a lot actually but what I was thinking of in particular is that they all have issued glossy and self-promoting documents extolling their Corporate Social Responsibility (CSR) and all of them have been brought to their knees by the grotesquely dysfunctional actions of their most senior executives.
I have written before about the illusionary myth that is CSR and I suppose that the one good thing that might come out of the global financial crisis is that none us will ever again trust the disingenuous garbage that corporations choose to throw at us from time to time. The idea that, say, a tobacco giant like BAT can be socially responsible is absurd but they still peddle this nonsense even though they surely cant expect us to believe it. Do they really believe it themselves? – I doubt it.
Morning Edition, February 27, 2009 · As oil companies plan for the future, they are expecting prices and demand to be higher. Oil company executives were on Capitol Hill this week to discuss offshore drilling, which they say needs to be part of America’s long-term energy policy. Shell Oil Company President Marvin Odum tells Steve Inskeep that he expects demand throughout the world to double by 2050.
Video clip available at… npr