Tuesday, February 18, 2020

Corporate social responsibility plan. Royal Dutch Shell Corporation Research Paper

Corporate social responsibility plan. Royal Dutch Shell Corporation - Research Paper Example In exploring this subject, I wish to shed light on the significance of creating a timely and strategic corporate social responsibility program that strengthens and nourishes the corporate identity and image of Shell. I like to end this paper by presenting specific executions for the CSR program. Company Background: As a corporation that positions itself as the â€Å"leading innovator for the energy future†, Royal Dutch Shell or Shell aims to maintain sustainable development by delivering its short-term and long-term business interests with economic, environmental, and social considerations (Royal Dutch Shell A, 2009). Through sustainable development, Shell believes that it is able to: firstly, govern the way it develops new oil explorations and projects on alternative energy; secondly, manage its downstream supply chains; and lastly, share its benefits to society by delivering quality products and by spearheading community projects. Shell is present in more than 90 countries worldwide, has 93,000 full-time employees, and maintains a fuel retail network of around 43,000 service stations. In 2010, Shell was able to produce 3.3 million barrels of oil equivalent per day while it generated earnings of $20.5 billion. It spent $23.7 billion on net capital investment while it spent over $1.0 billion on research and development (R&D). The business operations of Shell are classified under three major categories—upstream, downstream, and projects and technology. Firstly, Shell Upstream is involved in the search and recovery of oil and natural gas; and the extraction of heavy oil from oil sands for conversion into synthetic crudes. (Royal Dutch Shell C, 2001). Secondly, Shell Downstream is involved in the manufacturing, supplying, and marketing of oil products and chemicals worldwide. Businesses under manufacturing and supply include refineries, chemical plants, and the supply and distribution of feedstock and other products. On the other hand, businesses under marketing sell a range of products including fuels, lubricants, bitumen, and liquefied petroleum gas for home, transport, and industrial use. Lastly, Shell Projects and Technology manages and drives the research and technology development programs for major projects of Shell. It provides technical services and technology capability to the Upstream and Downstream businesses. At this point, it is crucial to highlight that the company engages in business activities that have direct impact on the environment. For one, most Shell upstream operations need elaborate technologies that would guide the extraction of oil from the sea bed. As for its downstream arm , Shell recognizes the volume of carbon dioxide being emitted by its refining plants. Therefore, there is a strong and direct link between profitable business and responsible waste management. II. Climate Change and Managing Carbon Dioxide Emissions. Shell recognizes its significant role in halving the carbon dioxide emissions by 2050 to avoid the worst effects of climate change. However, the company believes that the actions needed to alleviate the impacts of climate cha

Monday, February 3, 2020

Contingency Planning in Action Term Paper Example | Topics and Well Written Essays - 2500 words

Contingency Planning in Action - Term Paper Example In case the initial plan does not work out, the organization should have already identified an alternative to curb the risk (Doughty, K. 2001). The risks should first be identified and prioritized in order of the impacts they could have to the organization. Plan development should be the next step where certain guidelines such as definition of time periods should be done. The next step should be maintenance of the plan; it should be kept practical and relevant. Rephox is an organization based in India. It has its headquarters in Mumbai and a branch in Delhi. The organization has fifty employees in total, thirty of which work at the headquarters and the rest work in Delhi. It is an organization that provides auditing and accounting services. It helps its clients with cost accounting systems, preparation of financial statements, financial reporting, internal audits and services that provide assurance. The organization depends on technology for the provision of their services to clients. It has systems that protect information systems which comply with regulatory requirements. The organization provides information controls for the reduction of costs and gaining of competitive advantage. It uses professional accreditations where personnel handling the information systems must qualify. The business faces certain threats which include internet insecurity. Internet and firewall threats also exist where viruses may infect the audit systems through online services. There is also network and data insecurity threat when transferring information from the branch to the headquarters and vice versa. The organization’s systems might be hacked into and security details such as passwords and biometric controls interfered with. The wide area network for the organization may be interfered with affecting the clients’ servers. The mission of the organization is to serve public interest. This is done by contribution to development of standards and guidance of