On Sustainable Development and Marcopper Mining Corporation

           In today’s discussion, we discussed the importance of sustainable development and why companies should aim to promote this. Also, in today’s case analysis, we discussed Marcopper Mining Corporation’s environmental devastation in the island of Marinduque. Throughout the course, we discussed several ethical frameworks that affect a business. Today, I would like to link my blog reflection on sustainable development with Marcopper’s case.

            It was quite evident that Marcopper was only after profits and did not care for the environment despite being the largest employer in the island of Marinduque. It is also a fact that Marcopper generates a large portion of their revenues through the island. However, Marcopper failed to realize that if they neglect to care for the environment; the negative effects would soon come back haunting them. I have made my research and found out that Marcopper Mining Corporation went bankrupt in the 90’s because it failed to secure an environmental certificate of compliance from the government after with what has happened in the Tapian River.

            Thinking about what happened with Marcopper, I can say that it is truly worthwhile to be an ethical company. As discussed in class, companies should aim to promote the 3P’s which are Profit, People and Planet which consist of the framework to sustainable development. If all companies would aim to be environmentally sustainable, I believe that the community would be a better place to live in.