Social Performances of Shell Company Research Paper

Social Performances of Shell Company - Research Paper Example Royal Dutch/Shell Group of Companies is one of the largest global groups of energy and petrochemicals companies with around 101,000 employees in more than  90 countries and territories. Shell is expanding rapidly to other countries and they have almost monopolized the global energy market with their huge financial capabilities and resources. Most of the Shell companies are operating independently in each of the countries by the people who know the needs of the community and the environment well. They have the authority and autonomy to make all normal business decisions. One of the major success factors of Shell Company is their respect to the community in which they operate. Unlike many other corporate giants, Shell is keen in spending a portion of their profit for the wellbeing of the society or community in which they operate. Moreover, they are giving more emphasis to the environment protection. Social performance is accepted as the core of their business strategy for sustainable development.Most of the big companies declare their corporate social responsibility and these declarations often lie on paper alone. On the other hand, Shell is not like that. They don’t have much belief in public declarations and they don’t like the publicity for their actions. They are normally done things with least publicity compared to other big companies. Shell company has reportedly paid approximately $36 billion in taxes and royalties from 2005-2008 to the Nigerian government which can be used to promote development, reduce poverty and support econ omic growth4. It is a well-known fact that Nigeria is a poor country which is struggling to find enough resources to eradicate poverty.  Ã‚