Do you know your biggest C&E risk?

In the latest installment of the ECOA’s Ethics Exchange, Steve Priest and I take on risk assessment.

We hope you find it interesting.

One Comment
  1. Margot Priest 9 years ago

    I’ve been doing some policy work on offshore drilling–a frighteningly dangerous activity. Disasters tend to have multiple causes but there are ethical/risk implications behind almost all of them. The Report to the President on the Deepwater Horizon incident in the Gulf makes riveting reading (not that common in govt reports) but the conclusion ultimately is that BP lacked a “culture of safety.” Each of the decisions relating to safety has an ethical component and in this case money ruled above all. The corporate culture has many aspects, but surely promoting the ethical side of the culture is a role for a board and E and C staff. Your report that safety (and security of supply) didn’t seem to the ethics officers to be their concern in these industries is not a good sign that these matters have been integrated into the culture. Again, thank you for the stimulating discussions.

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