![]() The environmental disaster cost BP over $65 billion, and they’re still rebuilding trust in their brand over a decade later. After the accident, BP was criticized for its perceived lack of both transparency and compassion from the leadership team. Prior to the crisis, BP was an industry leader in the oil and gas sector with a strong sustainability reporting platform. ![]() But public opinion can impact everything from who chooses to work at your organization, which organizations will partner with yours, and whether or not consumers will choose to purchase – and praise – your product.Ĭonsider the Deepwater Horizon oil spill in the Gulf of Mexico in 2010. Organizations sometimes underestimate the power of corporate social responsibility (CSR) and environmental social governance (ESG) for their organization’s reputation.
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