$20 Bonus + 25% OFF
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
Add File

Error goes here

ACCT 3010 Sustainability Accounting And Reporting

tag 0 Download8 Pages / 1,845 Words


Case Study: BP Gulf of Mexico Oil Spill

Purpose The aim of this assignment is to relate some of the key concepts of this course to a real-world phenomenon. The BP Oil spill of 2010 will be used as a basis for applying the understanding gained in prior lectures to a practical situation where sustainability accounting and reporting could be a possible response.

Background Case Materials

  • BP Gulf of Mexico Oil Spill Response: http://www.bp.com/en_us/bp-us/community/commitment-to-the-gulf-of-mexico.html
  • Independent assessment of Gulf of Mexico Oil Spill: http://www.theguardian.com/environment/bp-oil-spill

Journal article:

Panchal Arora, M and Lodhia, S (2017) “The BP Gulf of Mexico Oil Spill: exploring the link between Social and Environmental Disclosures and Reputation Risk Management” Journal of Cleaner Production Vol. 140, No. 3, pp.1287-1297.


  1. Identify the sustainability impacts associated with oil drilling operations such as that in the Gulf of Mexico? Despite these impacts, why is oil drilling still undertaken?

  2. Identify the difficulties associated with making multinational corporations accountable for their social and environmental impacts in foreign operations, as illustrated in the BP case. Would this matter have been more difficult to manage if this disaster had occurred in a developing nation?

  3. Discuss how the management of BP could have engaged with its various stakeholders in relation to this incident. Your discussion should focus on the relevant stakeholders and the impact of such engagement on its reputation.

  4. Discuss how BP has undertaken sustainability reporting since the spill in order to provide an account of this incident and its subsequent actions?

  5. How and why might events such as the BP oil rig disaster affect other oil companies’ subsequent activities and would these lead to changes in their sustainability accounting and reporting practices?
Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Unique Document

Under Evaluation

Get Money
into Your Wallet

Total 8 pages

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2021). ACCT 3010 Sustainability Accounting And Reporting. Retrieved from https://myassignmenthelp.com/free-samples/acct3010-sustainability-accounting-and-reporting/gulf-of-mexico-case-study.html.

"ACCT 3010 Sustainability Accounting And Reporting." My Assignment Help, 2021, https://myassignmenthelp.com/free-samples/acct3010-sustainability-accounting-and-reporting/gulf-of-mexico-case-study.html.

My Assignment Help (2021) ACCT 3010 Sustainability Accounting And Reporting [Online]. Available from: https://myassignmenthelp.com/free-samples/acct3010-sustainability-accounting-and-reporting/gulf-of-mexico-case-study.html
[Accessed 30 November 2021].

My Assignment Help. 'ACCT 3010 Sustainability Accounting And Reporting' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/acct3010-sustainability-accounting-and-reporting/gulf-of-mexico-case-study.html> accessed 30 November 2021.

My Assignment Help. ACCT 3010 Sustainability Accounting And Reporting [Internet]. My Assignment Help. 2021 [cited 30 November 2021]. Available from: https://myassignmenthelp.com/free-samples/acct3010-sustainability-accounting-and-reporting/gulf-of-mexico-case-study.html.

Can’t gather enough research material for the pending case study paper? MyAssignmenthelp.com has the perfect set of writing services to fulfil your needs regarding case study papers. The team of professional experts has the knowledge and experience to deliver a remarkable case study paper on almost every essay topic you throw at them. Also, they are quite comfortable in provide with insightful SWOT analysis and PESTEL analysis on the given topic. If you don’t know how to write an outline for the case studies, you can check out the free samples at the website and use them as case study samples. For plagiarism-free, insightful case study at an affordable price, MyAssignmenthelp.com is your best bet.

Latest Accounting Samples

BAO2203 Corporate Accounting

Download : 0 | Pages : 12
  • Course Code: BAO2203
  • University: Victoria University

    MyAssignmentHelp.com is not sponsored or endorsed by this college or university

  • Country: Australia

Answers: Part I   Percentage increase in the Gross profit Bellamy’s Australia Ltd posted a strong gross profit margin in 2016 as compared to the year 2015. An increment of 12.79% has been observed indicating a strong level of sales and strong control over the cost of goods sold.  This ratio is a strong indicator of the performance and going by the result it can be said that the operations of the company are managed i...

Read More arrow Tags: Australia Albanvale Accounting BAO2203- Corporate Accounting University of Queensland MBA 

ACCT6007 Financial Accounting Theory And Practice

Download : 0 | Pages : 8

Answer: Introduction The objective of this report is to assess how the capital market participants use operating lease in the off-balance sheet at the time of evaluation of the credit risks of the organizations. The study will focus on the risks that are associated with the operating lease. It will also focus on the accounting information and its treatment in the balance sheet with regard to the operating lease. From the economical aspect, th...

Read More arrow

ACCT 401 Advanced Accounting

Download : 0 | Pages : 2
  • Course Code: ACCT401
  • University: University Of San Diego

    MyAssignmentHelp.com is not sponsored or endorsed by this college or university

  • Country: United States

Answer: To: Mr. Sean Pitt From: Research Analyst of Davis & Company Date: 01/03/2017 Re: Importance of Accrual Based Financial System over Cash Based Financial System Context Line It is true that for operating a business efficiently, cash is the best alternative as this is the simplest and faster way for saving money. However, when a business is ran by “cash” only, the business comes with downsides. It has been found that ...

Read More arrow Tags: United States Dallas Management Governance and Citizenship in Australia - SP5 2014 University of Texas Masters in Business Administration 

ACCT 3010 Sustainability Accounting And Reporting

Download : 0 | Pages : 8

Answers: 1: The oil leak in Gulf of Mexico fired up arguments which were against offshore drilling, which involves a mechanical process whereby a wellbore is drilled below seabed.  The drilling operations have considerable effects that are negative on wildlife and marine. Among other important impacts of drilling that is a threat to sustainability is: Water and Air pollution: Drilling mud has use in lubrication and cooling of drill bit...

Read More arrow Tags: Australia Adelaide Management University of Adelaide Masters in Business Administration 

FACI4024 Financial Accounting

Download : 0 | Pages : 9

Answers: Introduction Unilever Unilever is a multinational company that manages more than 400 brands of FMCG and more than 12 leads to a humongous sale of more than €1 billion in a single year. The formation of Unilever can be traced to the year 1929 and the headquarters is based in Rotterdam, Netherlands. Unilever has various brands under its name such as Persil, Magnum, Sure, Axe, Lipton, etc. With innumerable brand, it got a strong r...

Read More arrow Tags: Australia Saltash Management Financial Accounting University of Queensland MBA 

Content Removal Request

If you are the original writer of this content and no longer wish to have your work published on Myassignmenthelp.com then please raise the content removal request.

5% Cashback

On APP - grab it while it lasts!

Download app now

*Offer eligible for first 3 orders ordered through app!

callback request mobile
Have any Query?