Review the following:
2012 British Petroleum Annual Report
2012 BP Sustainability Review
Answer the following questions:
How is BP measuring environmental and social costs in this report? Give at least 3 examples.
Are these costs represented in the financial statements? If so, in what way?
Do you think they are doing an adequate job of accounting for all the externalities they are incurring?
What do you think British Petroleum should do beyond what they have reported here to truly account for their costs?
Present your responses in a 1- to 2-page report that includes appropriate references.
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