In May 2018, these agitations took a violent turn. The public protest led to the death of 13 citizens, and the events attracted negative media exposure. As Sterlite awaited Madras High Court’s ruling which was due in August 2020, the possibility of the plant’s permanent closure seemed likely.
While Sterlite Copper had been an organization of national importance, contributing to the GDP and creating employment, it suffered from adverse community opinion of allegedly being unethical while remaining in the realm of legality. The entire incident had Sterlite fighting more for its image than its environmental and legal positions. What had gone wrong for Sterlite by August 2020?
Sterlite Copper: Business at What Cost?
Tanuja Sharma; Roopal Gupta
Product #:9B21C036
Supplier:MDI/Ivey
Discipline:Human Resource Management, Sustainability
Setting:India, 2020
Subjects:
Industries:
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Learning Objectives
After working through the case and assignment questions, students will be able to:
- Discuss the overall approach to ensuring the business has minimal adverse impact on the environment, community, society, and the economy.
- Develop an understanding of the fine line between ethics and legality arising from the actions of a corporation, and appreciate the resulting ramifications for society and for the business.
- Assess the role of leadership and of a responsible business to ensure that business objectives are met while compliance and stakeholder satisfaction are also achieved.