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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This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.

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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)...

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)...

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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