200 Villagers Houses Burnt Down Again Near Barrick Gold Mine in Papua Essay

200 Villagers Houses Burnt round Again Near Barrick favourable Mine in Papua sassy Guinea - Essay ExampleThis behavior of the national court is known to be a result of Barrick Limited request.The expected impact on the company as a result of such unethical behavior will have disgusting impact on the companys reputation, sales and stock prices as it has violated human rights of the citizens of Papua New Guinea and also demonstrated lack of environmental responsibility. However, this extent of this impact depends on the extent of common awareness and international community/communities about this issue.Barrick Gold Corporation cannot be considered as an ethical corporation as it has violated the human rights of the villagers of Papua New Guinea and also has failed to do business in environment ally friendly and sustainable manner. Barrick Gold operates its but Porgera subsidy as a joint venture with the topical anesthetic government. It is possible to suggest that actions under taken against the local citizens of Porgera village were initiated solely by the government of Papua New Guinea, however, it doesnt free the company from ethical responsibility.One of the competitors of Barrick Gold is Sumatra Copper & Gold plc. This company has established a flesh out Code of Business Conduct, which covers a wide range of business practices and procedures and sets up guiding ethical principles for all employees and managers of the company (Sumatracoppergold.com, 2014). Also, the company seeks to minimize the environmental risks at the companys sites and comply (Sumatracoppergold.com, 2014), while Barrick Porgera Gold mine obviously fails to do so, despite its claims (Barrick.com, 2014).In order to address the problem there should be undertaken some serious measures and initiatives. First of all the company has to adjust its financial plans to the sustainability principles, which pursue not solo economic benefits, but also social and environmental benefits. Thus, the company has to adjust the whole strategy to pose socially and