Subject category:
Economics, Politics and Business Environment
Originally published in:
2016
Version: 22-Mar-2016
Length: 6 pages
Data source: Published sources
Abstract
On 5th November 2015, the iron ore mining company, Samarco, (a company resulting from a joint venture between BHP Billiton and Vale) caused an environmental and humanitarian disaster in Brazil’s Valadares region of the Rio Doce water basin when its tailings dam failed. What responsibility does an organisation have for its subsidiaries when it comes to managing risk, particularly when the enterprise is in a developing country?
About
Abstract
On 5th November 2015, the iron ore mining company, Samarco, (a company resulting from a joint venture between BHP Billiton and Vale) caused an environmental and humanitarian disaster in Brazil’s Valadares region of the Rio Doce water basin when its tailings dam failed. What responsibility does an organisation have for its subsidiaries when it comes to managing risk, particularly when the enterprise is in a developing country?

