BHP Billiton Case

BHP Billiton, as the largest mining company, has a high reputation in the market. Owning to this, it got the advantage competitive in the market. Therefore, they got more opportunities than other companies. Facing with the climate change in the world, BHP Billiton as a major producer and consumer of fossil fuels, it has already taken a concrete action against climate change through focusing on cutting its gas emission, making provision for physical climate influences. Therefore, BHP Billiton got more chance to have a long-term relationship with their clients. Moreover, BHP Billiton decided to apply the new technology, which match their emission reduce goal and it can help BHP Billiton gain more co-operate opportunities with another country. Because BHP Billiton focuses on social responsibility, it will increasingly have the positive effect to their reputation. BHP Billiton contributed in a different way, like community investment, economic development, education and training, health, indigenous communities and disaster relief. Base on the megatrends above, they help BHP Billiton build a better reputation and relations with the stakeholder.

However, when BHP Billiton trade overseas, Australian government indicate businesses must be responsible and best practice that mean preventing and rectifying the environmental and social damage. When BHP Billiton take action to reduce their emissions and become a socially responsible firm, they relationship with governance improve. This makes BHP Billiton more competitive and reduces the risk of sudden damage to their reputation. This is because when BHP Billiton have governance supportive, investors are more willing to finance in the