9089
55
Ibid., 372.
56
Richard Smith-Bingham, “Reputation Risk: A Rising C-Suite Imperative,” Oliver Wyman, 2014: 6,
https://www.oliverwyman.com/content/dam/oliver-wyman/global/en/2014/may/ReputationRisk_
Final_web.pdf (accessed August 2, 2018).
57
While the data presented by the figure shows the stock performance of BP at the time of the
oil spill incident and at the time of the followed lawsuits, the company’s stock performance has
changed since then. The overall annual changes in BP’s stock performance between 2010 and 2018
shows the following. The annual change in 2010 was -21.35%, while the following years, 2011, 2012
and 2013, changed by 0.50%, 2.08% and 22.73%, respectively. The annual changes in the following
two years declined to negative; in 2014 to -15.44% and in 2015 to -12.98%. Between 2016 and 2018,
the change in stock performance shows 28.89% in 2016, 28.30% in 2017 and 19.31% in 2018. See
https://www.macrotrends.net/stocks/charts/BP/bp/stock-price-history (accessed October 1, 2018).
Part 4 Endnotes
1
Morley Winograd and Michael Hais, “How Millennials Could Upend Wall Street and
Corporate America,” Brookings Institute, May 2, 2014, https://www.brookings.edu/wp-content/
uploads/2016/06/Brookings_Winogradfinal.pdf (accessed November 14, 2018).
2
UBS, Millennials – the global guardians of capital, June 22, 2017, https://www.ubs.com/global/en/
wealth-management/chief-investment-oce/our-research/discover-more/2017/millennials.html
(accessed November 14, 2018).
3
Deloitte, “Pro-business,” but expecting more The Deloitte Millennial Survey 2017, 2017, https://
www2.deloitte.com/global/en/pages/about-deloitte/articles/millennial-survey-pro-business-but-
expecting-more.html (accessed November 14, 2018); Shakir Akorede, “Here’s what Millennials
really want from Business, and Why,” World Economic Forum Youth Perspectives, September
12, 2017, https://www.weforum.org/agenda/2017/09/heres-what-millennials-really-want-from-
business/ (accessed November 14, 2018) .
4
Nielsen, Consumer-Goods Brands that Demonstrate Commitment to Sustainability Outperform
those that Don’t, December 10, 2015, https://www.nielsen.com/eu/en/press-room/2015/consumer-
goods-brands-that-demonstrate-commitment-to-sustainability-outperform.html (accessed
November 14, 2018).
5
Walk Free Foundation, The majority of UK Consumers would stop buying a product if its
manufacture involved modern slavery, Press Release, March 10, 2015, http://walkfreefoundation.
org-assets.s3-ap-southeast-2.amazonaws.com/content/uploads/2016/01/08113036/FINAL-UK-
PRESS-RELEASE-100315.pdf (accessed November 14, 2018).
6
Cone, New Cone Communications Research Confirms Millennials as America’s Most Ardent CSR
Supporters, Press Release, September 23, 2015, http://www.conecomm.com/news-blog/new-cone-
communications-research-confirms-millennials-as-americas-most-ardent-csr-supporters (accessed
November 14, 2018).
7
Jeery Bray, Nick Johns and David Kilburn, “An Exploratory Study into the Factors Impeding
Ethical Consumption,” Journal of Business Ethics 98, no. 4 (2011): 597–608; Guido Palazzo, Felicitas
Morhart and Judith Schrempf-Stirling, “Shopping for a Better World: How Consumer Decisions
can Help to Promote Sustainability and Human Rights,” in Business and Human Rights: From
Principles to Practice, eds. Justine Nolan and Dorothee Baumann-Pauly (New York: Routledge,
2016), 200-201; Robert Caruana, Michal J. Carrington, Andreas Chatzidakis, ““Beyond the
Attitude-Behaviour Gap: Novel Perspectives in Consumer Ethics’’: Introduction to the Thematic
Symposium,” Journal of Business Ethics 136, no. 2 (2016): 215 -218; Michael J Carrington, Benjamin
A Neville and Gregory J Whitwell, “Why Ethical Consumers Don’t Walk Their Talk: Towards
a Framework for Understanding the Gap Between the Ethical Purchase Intentions and Actual
Buying Behaviour of Ethically Minded Consumers,” Journal of Business Ethics 97, no. 1 (2010): 139-
158.
8
Maxwell Chipulu et al., ”Reasoned Ethical Engagement, Ethical Values of Consumers as Primary
Antecedents of Instrumental Actions Towards Multinationals,” Journal of Business Ethics 147, no.1
(2018): 221–238; Richard Levick, “The “Trump Eect”: Consumer Boycotts Could Become Pervasive
on Both Sides,” Forbes, December 5, 2016.
9
Kelsey Chong, “Millennials and the Rising Demand for Corporate Social Responsibility,”
BerkeleyHaas, January 20, 2017, https://cmr.berkeley.edu/blog/2017/1/millennials-and-csr/#fn9
(accessed November 14, 2018).
10
Nielsen, The Sustainability Imperative: New Insights on Consumer Expectations, October 2015,
https://www.nielsen.com/content/dam/nielsenglobal/co/docs/Reports/2015/global-sustainability-
report.pdf (accessed November 14, 2018).
11
Reuters Institute for the Study of Journalism and University of Oxford, Reuters Institute Digital
News Report 2017, https://reutersinstitute.politics.ox.ac.uk/sites/default/files/Digital%20News%20
Report%202017%20web_0.pdf (accessed November 14, 2018); Cone, 2015 Cone Communications
Millennial CSR Study, September 23, 2015, http://www.conecomm.com/research-blog/2015-cone-
communications-millennial-csr-study#download-research (accessed November 14, 2018).
12
William Young, Kumju Hwang, Seonaidh McDonald and Caroline J. Oates, “Sustainable
Consumption: Green Consumer Behaviour when Purchasing Products,” Sustainable Development
18, no. 1 (2010): 18 - 31.
13
Behind The Brands, Change the way the food companies that make your favorite brands do
business, www.behindthebrands.org (accessed November 14, 2018).
14
See, eg, EY, Towards Transparent Supply Chains: Closing Intercompany Information Gaps to
Create Resilient & Responsible Supply Chains, 2018, https://www.ey.com/Publication/vwLUAssets/
EY-towards-transparent-supply-chains/$FILE/EY-towards-transparent-supply-chains.pdf (accessed
November 14, 2018).
15
Provenance, From Shore to Plate: Tracking Tuna on the Blockchain, July 15, 2016, https://www.
provenance.org/tracking-tuna-on-the-blockchain (accessed November 14, 2018).
16
Palazzo, Morhart and Schrempf-Stirling, “Shopping for a Better World,” above n 7, 200.