corporate responsibility
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The mystery BP Twitterer revealed!
Leroy Stick is the brains behind a fake BP Twitter account called BPGlobalPR that’s racked up more than 180,000 followers. Need to Know‘s Erin Chapman grabbed an exclusive on-camera interview with him at the TEDxOilSpill conference. Stick (an alias) began feeding his updates to humor-starved news junkies on May 19 and — like the oil […]
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‘Reasonably high’ chance BP files for bankruptcy
Bankruptcy expert Peter S. KaufmanPhoto: Gordian GroupThere is a reasonably high chance that BP could file for Chapter 11 bankruptcy in the next few years, or even months, and the result would be an “absolute horror” for the government, according to a bankruptcy expert. Peter S. Kaufman, the President of investment bank Gordian Group and […]
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The oil spill’s challenge to corporate sustainability
I generally don’t write much about big business, but in light of the implosion of BP’s “green” oil company image — it’s looking more Exxon than eco these days — I went to a dinner Monday night in San Francisco attended by dozens of Fortune 500 executives committed to corporate sustainability. (There were reportedly a […]
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BP should be like Newman’s Own
After the BP Gulf disaster is ancient history, I want that company to thrive. I want it to be vastly more profitable than ExxonMobil. It should continue exploration and drilling all over the world, including offshore. And I’m asking for just one broad change in how the company operates: BP should donate all its profits for the […]
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Why BP is a textbook psychopath
It’s good to know that a full six-plus weeks after the BP rig explosion killed 11 workers and initiated the slow painful murder of the Gulf Coast economy and ecology, our ever-watchful federal government has decided to launch an investigation into whether BP actually did something criminal. Thanks for jumping on this, Uncle Sam. Of […]
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Will BP take responsibility for the Gulf spill or squeeze profits from it?
This post is co-authored by Susan Lyon. ExxonMobil will convene its annual shareholders meeting in Dallas this morning as the magnitude of the ongoing BP oil disaster grows. This is a reminder that oil companies need to be held accountable for their actions—both while the oil gushes from the ocean floor and 20 years after […]
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BP: The gulf between image and reality
The devastating and escalating events in the Gulf of Mexico underscore an amazing collection of problems: reliance on polluting energy, absence of a coherent national energy plan, the problems with lax government oversight, and dozens of others. Perhaps most clearly, it shows the gulf we should have seen years ago between the image of BP […]
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Exposing the Financers of Mountaintop Removal Coal Mining
This post was co-written by Mark Kresowik, Corporate Accountability and Finance Representative for the Sierra Club. The idea of corporate responsibility has come up repeatedly in recent weeks following the coal mine and oil disasters. That responsibility extends beyond profits to the health and well-being of our communities. By continuing to finance mountaintop removal coal […]
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A quick look back at BP’s pre-spill greenwashing
The BP oil spill in the Gulf is heartbreaking, so is the “It wasn’t our fault” denial. A little walk down memory lane (and not too long of one) should give us good reason to be skeptical of oil giant, BP. In my new book, I talk about the power of skilled corporate greenwashing to […]
