"I am very, very happy to announce that for the first time, Dow is accepting full responsibility for the Bhopal catastrophe. We have a $12 billion plan to finally, at long last, fully compensate the victims, including the 120,000 who may need medical care for their entire lives, and to fully and swiftly remediate the Bhopal plant site. .... And I would also like to say that this is no small matter, Steve. This is the first time in history that a publicly owned company of anything near the size of Dow has performed an action which is significantly against its bottom line simply because it’s the right thing to do. And our shareholders may take a bit of a hit, Steve, but I think that if they’re anything like me, they will be ecstatic to be part of such a historic occasion of doing right by those that we’ve wronged."
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Bhopal
Bhopal is the capital of the Indian state of Madhya Pradesh and the administrative headquarters of Bhopal district. The city was the capital of the former Bhopal State.
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