Adani's ethical issue
Étude de cas : Adani's ethical issue. Recherche parmi 298 000+ dissertationsPar lambz • 30 Avril 2020 • Étude de cas • 3 961 Mots (16 Pages) • 625 Vues
[pic 1]
[pic 2]
Adani
Introduction:
Adani Group is an Indian multinational conglomerate headquartered in Ahmedabad, Gujarat. It was founded by Gautam Adani in 1988 as a commodity trading company with the flagship company The Group's diversified activities include energy, resources, logistics, agri-food, real estate, financial services, defence and aerospace.
Adani is seeking to build the world's biggest new coal mine in central Queensland's Galilee Basin -- the Carmichael mine.
Adani's Carmichael coal mine has become notorious for its sheer scale, and for the damage it will cause to the Great Barrier Reef, to vast quantities of groundwater, to the world's climate, and to threatened species.
But the project's proponent is also fast becoming one of the most controversial companies in the world.
Adani has a documented history of corruption, bribery, and human rights abuses across the world. It's currently facing further criminal investigations for alleged involvement in multi-billion-dollar fraud in India.
Furthermore, this mining project is also planned to be built on the native lands of the Wangan and Jagalingou peoples, which is contrary to their native title rights.
Ethical question
Are Adani and the State Government ethically right or wrong in the Wangan and Jagalingou native title case?
Table of Contents
Adani 1
Introduction: 1
Ethical question 1
Board Structure 3
Board Members : 3
Board composition 4
Stakeholder analysis 4
1. Identify key stakeholders 4
2. What are the stakeholders’ STAKES? 5
4. What RESPONSIBILITIES does the firm have toward its stakeholders? 7
5. What STRATEGIES or ACTIONS should the firm take to best address stakeholders? 8
THE CSR PYRAMID 9
ECONOMIC 9
LEGAL 9
ETHICS 9
PHILANTHROPIC 10
CSP Cube 10
OECD Principles 11
Normative Theories 12
References 14
Board Structure
Board Members :
Name | Position in the company | Status | Gender | Experience |
Gautam Adani | Chairman | Executive | Male | More than 33 years of business experience. & Founder of the Adani Group |
Rajesh Adani | Managing Director | Excecutive | Male | Associated with Adani Group since its inception & in charge of the operations of the Group and has been responsible for developing its business relationships |
Pranav Adani | Director | Excecutive | Male | He’s active in the group since 1999 & He has been instrumental in initiating & building numerous new business opportunities across multiple sectors |
Vinay Prakash | Director | Excecutive | Male | 25 years in the coal management & Chairman of ASSOCHAM’s National Council on coal |
Hermant Nerurkar | Director | Independent and Non-Executive director | Male | 35 years of experience in steel industry & Executive Director of India and South-East Asia of Tata Steel Limited |
V. Subramanian | Director | Independent and Non-Executive director | Male | 48 years of experience in the Indian Administrative Service & Secretary to the Government of India with the Ministry of New and Renewable Energy |
Vijaylaxmi Joshi | Director | Independent and Non-Executive director | Lady | 39 years of experience of experience & head of the Swachh Bharat Abhiyan, the Clean India programme |
Narendra Mairpady | Director | Independent and Non-Executive director | Male | banking professional having more than 40 years of wide experience & Certified Member of the Indian Institute of Bankers |
Board composition[pic 3][pic 4][pic 5][pic 6][pic 7][pic 8][pic 9][pic 10][pic 11][pic 12][pic 13]
The board is composed of 4 non-executives and independent directors
and 5 executives directors.
The model of this board therefore does not include any majority,
either among independents or executives. However, this model is more
similar to models with Majority Executive and Majority Outsiders.
Stakeholder analysis
Identify key stakeholders
On the one hand, the primary stakeholders have a direct stake in the organization and it’s success, there are the Primary social stakeholders, such as customers, employees, suppliers, communities and the financiers (banks, shareholders). The Landowners of Wangan and Jagalingou are one of the main stakeholders in this company because they are directly affected by the Adani mining project because the Carmichael mine in Adani will be on their native land. Employees are also key stakeholders of the company.
...