Sterlite Copper-Should the Plant be Reopened?
Case Code: BENV051 Case Length: 16 Pages Period: 2000-2018 Pub Date: 2024 Teaching Note: Available |
Price: Rs.400 Organization: Public company Industry: Chemicals Countries: India Themes: Business Ethics, Disclosure and Transparency, Ethical Decision Making |
Abstract Case Intro 1 Case Intro 2 Excerpts
Abstract
UK-based Vedanta Plc’s Sterlite Copper’s plant in Thoothukudi Tamil Nadu was shut down after opposition from local residents, NGOs and environmental activists. The plant accounted for 36% of copper production in the country and the closure resulted in supply shortages. But activists complained of pollution the plant has caused in Thoothukudi and surrounding areas impacting the health of people. At the same time it provided employment to more than 3500 people directly and many more indirectly.
Issues
The case is structured to achieve the following teaching objectives:
- Evaluate the conflict between profits and the adverse impacts of a business.
- Analyze the responsibility of a business toward its stakeholders
- Analyze the roles and expectations of various stakeholders affected by business issues
- Examine the responsibilities of organizations toward environmental issues
- Address the tensions caused by an interplay of commercial and ethical issues
Contents
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Introduction
About Vedanta
Sterlite in Tamil Nadu
The Problems Begin
Violations Persist
Impact of Unsustainable Growth
2018 Crisis
The Aftermath
What next?
Exhibits
Keywords
Sterlite; copper plant; business and environment; pollution; responsible business; profits vs purpose; environmental responsibility; commercial vs ethical issues; business environment; employment generation;
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