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Report on Critical Analysis of CSR - Exxon Mobil Company

   

Added on  2020-05-28

16 Pages3872 Words330 Views
Running head: CRITICAL ANALYSIS OF CSR Critical analysis of CSR( Exxon Mobil Company)Name of the StudentName of the UniversityAuthor note
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1CRITICAL ANALYSIS OF CSRAbstractCorporate Social Responsibility (CSR) has come out as a significant loom to address the socialas well as environmental force of thee activities of the company. The companies of oil and gascompanies highly affect the environment and through the help of corporate social responsibilitiesthe issues that affect the environment and society can be resolved. The increase of expectationsin business questions whether the corporate social responsibility is capable of solving the biggerissues on the oil and gas industry or not. There are various advantages of corporate socialresponsibility which are helpful for the growth of oil and gas sectors. Whereas there are certaindisadvantages which can be solved through the help of implications of programs related toenvironmental, developmental and social factors.
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2CRITICAL ANALYSIS OF CSRTable of ContentsIntroduction......................................................................................................................................3Discussion........................................................................................................................................4Corporate Social Responsibility of Exxon Mobil Corporation...................................................4Contribution programs of Exxon Mobil Corporation..................................................................4Education.................................................................................................................................5Health.......................................................................................................................................5Environment............................................................................................................................6Government and community services.....................................................................................6Art and Culture........................................................................................................................6Advantages of Corporate Social Responsibility in oil and gas companies.................................7Corporate social responsibility and environment....................................................................8Corporate social responsibility and development....................................................................9Disadvantages of Corporate Social Responsibility of oil and gas companies...........................10Recommendations to improve corporate social responsibility..................................................10Conclusion.....................................................................................................................................11
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3CRITICAL ANALYSIS OF CSRIntroductionExxon Mobil Corporation is a multinational corporation of oil and gas based in America.According to Forbes Global 2000 list in 2015 the company was ranked in the second positionglobally (Du and Vieira 2012).The company is occupied with the production, shipping anddealing of crude oil and natural gas as well as the manufacture, shipping and trading ofpetroleum products. The company also manufactures and sells petrochemicals along witharomatics, olefins, polyethylene and other products. The sections of the company includeUpstream, Downstream, Chemical, Corporate and Financing (Mittricker et al. 2016). The exploration and production of crude oil and natural gas is operated by Upstream(Minta et al. 2015). The manufacture and trade of petroleum products are operated byDownstream whereas the manufacturing and trading of petrochemicals is operated by theChemical section. Corporate social responsibility which is also known as corporate conscience orcorporate citizenship is the form of corporate self-management incorporated in a model ofbusiness (Tai and Chuang 2014). The policy of CSR works as a self-management method. Thestrategies of CSR support the company to make a positive influence on the surroundings andstakeholders which includes clients, staffs, shareholders and others. This report elucidates aboutthe corporate social responsibility of Exxon Mobil Corporation, the advantages anddisadvantages of corporate social responsibility and some recommendations to improve it.
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