Lp3 Assignment Case Analysis Sustainability Challenges In The

Sustainability Challenges in the Gas and Oil IndustryAccidents involving oil and gas are usually very serious as they may lead to the loss of lives as in the case of BP, the death of aquatic animals and plants, as well as the pollution of the atmosphere. The risks get worse since companies refuse to take safety precautions either due to the lack of laws to compel them, or in attempts to save on cost. Ethical management of such risks involves prevention of the risks from taking place, and ensuring that incase an accident occurs, the company can manage the situation within a short time to prevent further damage. The managers in charge of operation and safety must therefore ensure that the safety of the mining or transport facility is not compromised whether there are laws or not. The world needs gas and oil to fuel the economy. On the other hand, the mining of oil and gas all have caused, and continues to cause harm to the environment. Bit since the world cannot do without these products, the question is; which method is less risky. Fracking companies pose much lower risk as they try to produce energy. However, the