The CSR Newsletters are a freely-available resource generated as a dynamic complement to the textbook, Strategic Corporate Social Responsibility: Sustainable Value Creation.

To sign-up to receive the CSR Newsletters regularly during the fall and spring academic semesters, e-mail author David Chandler at david.chandler@ucdenver.edu.

Friday, April 11, 2014

Strategic CSR - 25 years of oil spills

In order to mark the 25th anniversary of the 1989 Exxon Valdez disaster, the graphic in the url below presents vividly the effects of twenty-five years of oil spills in the U.S.:
 
“On March 24, 1989, a tired third mate ran the tanker Exxon Valdez into a reef near Alaska’s Prince William Sound. About 10.5 million gallons of crude oil flooded the waterway in what was then the worst environmental disaster in U.S. history. Although the salmon have returned and most of the spill is gone, stubborn pockets of oil linger at the site even after 25 years and billions of dollars spent on cleanup.”
 
Here are some of the alarming facts that contribute to a devastating cumulative effect:
 
“The [2010] Deepwater Horizon incident spewed out almost 20 times as much crude as the Valdez.”
 
“Hurricane Katrina ravaged oil infrastructure across the Gulf of Mexico in 2005. More than 7.6m gallons poured out of damaged facilities.”
 
“Since 1973, enough oil to fill 692 Olympic size swimming pools has been emptied into U.S. waters.”
 
Have a good weekend
David
 
David Chandler & Bill Werther
 
Instructor Teaching and Student Study Site: http://www.sagepub.com/chandler3e/
Strategic CSR Simulation: http://www.strategiccsrsim.com/
The library of CSR Newsletters are archived at: http://strategiccsr-sage.blogspot.com/
 
 
By Evan Applegate
March 13, 2014
Bloomberg Businessweek