Sustainable Development Initiatives at BHP Billiton
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Case Details:
Case Code : BECG088
Case Length : 25 Pages
Period : 2001-2008
Pub Date : 2008
Teaching Note :Not Available Organization : BHP BIlliton
Industry : Natural Resources
Countries : Global
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Excerpts
Background
BHP Billiton was created as the result of a merger between
BHP and Billiton. It was a dual listed company where the two listed companies
with their own shareholders shared ownership of the business.
BHP
The history of BHP dates back to 1883, when silver-lead-zinc mineral deposits
were discovered at Broken Hill in New South Wales , Australia. In the same year,
the Broken Hill Mining Company was established. Two years later, BHP was
incorporated in Victoria, Australia, and started mining at Broken Hill. On
August 13, 1885, the company was listed on the Australian Securities Exchange (ASX)...
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BILLITON
The history of Billiton dates back to the mid-18th century when on June 28,
1851, a rich reserve of tin was discovered on Billiton (Belitung) Island,
Indonesia. On September 29, 1860, NV Billiton Maatschappaij was established at
The Hague, Netherlands. After two months, the company acquired the mineral
rights of two islands, Banka and Billiton...
BHP BILLITON
On June 29, 2001, BHP Billiton became a dual listed company on the LSE and the
ASX. The company was headquartered in Melbourne, Australia. In the same year,
the logo for the new company was introduced (Refer to Exhibit III for the logo
of BHP Billiton)...
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BHP Billiton's Sustainable
Development Policy
According to BHP Billiton, sustainable development
was about "ensuring our business remains viable and contributes lasting
benefits to society through the consideration of social, environmental,
ethical and economic aspects in all that we do."...
HEALTH
In an attempt toward achieving 'Zero Harm,' BHP Billiton emphasized the
health and well-being of its employees as well as local communities... |
SAFETY
According to BHP Billiton, it put a lot of emphasis on the safety of its
employees and contractors. Just as in Health, the 'Hierarchy of Control'
approach was used to ensure employee safety. In 2003, the company developed what
it called the Fatal Risk Control Protocols...
ENVIRONMENT
As BHP Billiton was a natural resource company, its operations affected the
environment in a number of ways including through greenhouse gas (GHG) emissions
and particulates, over-consumption of water, and water pollution...
COMMUNITY
According to BHP Billiton, it tried to minimize the negative social impact of
its operations on communities and maximize the benefits...
Excerpts Contd...>>
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