ExxonMobil and Royal Dutch Shell- The tail of two projects in Sakhalin Harvard Case Solution & Analysis

ExxonMobil and Royal Dutch Shell- The tail of two projects in Sakhalin Case Study Help

Gini Coefficient:It is used to measure income liquidity, wealth distribution and economic inequality. Russia has the Gini coefficient of 37.5, China has38.5, Brazil has 53.3, France has 31.9, Germany has31.9, and the US has41.4, in 2016. (bank, n.d.). Gini coefficient of Brazil is better among all the countries’ Gini coefficient.

Transparency International: It focuses on anti-corruption programs and information’s availability.

World Justice Project:Russia ranked on 6th but it had fallen to 92nd in 2016, in World Justice Project rule of law index. (Project, 2016)

Major Challenges

Given that the country is lacking in natural resources; it has little to no choice at all, which leads the companytowards facing challenges, taking under consideration its self-reliance, so it has learnt to handle the difficulties in a pragmatic way. IT learns about the forces that impact the economy, examines its signals, and acts quickly to mitigate the difficulties.

For the early success, the nation needs to give credit to its very first Prime Minister Lee Kuan Yew. When it had nothing, it had a leader like him who brought ExxonMobil and Royal Dutch Shell: the Tale of Two Projects in Sakhalin from premises to one of the extremely developed nations. He utilized globalization to bring development to the nation not just in materialistic terms, but also in quality. ExxonMobil and Royal Dutch Shell: the Tale of Two Projects in Sakhalin has a strong economy based on honesty and pragmatism.

United Nation Global compact Principles:

United Nation Global compact Principles are4 principles Labor,3 principles environment, 2 principles of human rights,and 1 principle anti-corruption(Compact, n.d.). For financing in foreign projects; ExxonMobil and Shell have challenges in environment and anti-corruption. These principles can affect the success of this project in Sakhalin, as environment and corruption are external factors and cannot be controlled by the companies. As theChief Risk Officer, human rights is a responsibility, supporting human right is essential, health and safety arrangements needs to be done for labor, anti-corruptions laws must be maintained by the risk officer to avoid any risks from occurring.......................................

 

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