Essays on Sustainability Report

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INTRODUCTION

The following discussion is a literature review on five sources each for sustainability monitoring systems and effective indicators.

Sources for Characteristics of Good Monitoring Systems

“Monitoring Systems for Sustainability. What are they measuring?” This is a doctoral thesis from an Australian university that examines the sustainability reporting and monitoring systems by governments, private corporations and global non-governmental organizations. Australian frameworks are compared to those of international models. Sustainability indicators in the Australian context are discussed extensively. Two case studies from the private sector are presented. (Davidson, 2008) Using the case study of the Australian Gas Light Company, shortcomings in current sustainability reporting practices ...

ConocoPhillips Australia is the world’s largest independent production company of liquids and natural gas. The company explores and develops crude oil and natural gas internationally. As a result, ConocoPhillips is committed to safety, operating excellence and environmental awareness. Currently, ConocoPhilips operates in over 30 countries, 17,500 employees as of 2013, and an annual return capital of $55 billion. Out of the 30 countries that ConocoPhilips have had activities in, the company has set out six major operation segments between Latin America, Canada, Europe, Asia Pacific, Middle East, and Other International sectors. This report will be focusing on ...

Background

Being a small sized nation and also one lacking too much of natural resources, it was mandatory for Singapore to adopt a policy of open trade. The overall trade in Singapore currently amounts to thrice its GDP. Moreover, Singapore possesses absolutely no exchange controls either on the inflows or the outflows of foreign currency funds through its residents and non-residents. Despite the presence of stricter controls over the flows of domestic currency, there is no control that the nation has on its inflow and outflow. The country is known to be following an extremely liberal foreign direct investment (FDI) ...

“The brand that refreshes the world, inspires moments of optimism, creates value, and makes a difference” –Coca-Cola Company.

Overview Businesses operate within the community, which includes the people they employ, the consumers, and the policy formulators. It is important for businesses to market the idea of being a good citizen by exhibiting community-minded behavior. This makes the concept of corporate citizenship an important consideration for many businesses. Corporations are considered paper citizen and in that view, every citizen has a responsibility to fellow citizens. Corporate citizenship is an important managerial and strategic factor that crafts an instrumental view of the relationship between business and society (Carroll & Shabana, 2010). Big corporates in the world today are becoming more ...

Review of the guidelines

Global Reporting Initiative launched the fourth generation of its Sustainability Guidelines in May 2013. In this case, it formed the guidelines that supported a consistent approach to precise and reliable sustainability information through focusing on the topics that were substantial to their organisation and other key stakeholders thus making it a regular practice. However, the report contains data and global actions that include information about operations regions and five other business aspects that integrate training, space system, comprehensive solution missiles, and information on fire and mission systems for the clients. Besides, it offers environmental, economic, governance and social data ...

The sustainability report of the Lockheed Martin is based on the Global Reporting Initiative (GRI), which is known as the most significantly used sustainability reporting process in the world. The report is aligned to the GRI G4 Core (the latest guidelines). In addition, the report is prepared in accordance with the principles of defining report quality, such as balance, stakeholder inclusiveness, sustainability context, materiality, comparability, accuracy, timeliness, clarity, and reliability (Global Reporting Initiative 16). The company identified its stakeholders, their expectations and interests like government institutions with the expectation and interest to protect and offer important services to citizens ...

The Ford Motor Company has been a powerful automotive company since its foundation in 1903. Founded by Henry Ford, the company quickly became a leader in innovation, notably inventing the assembly line process which allowed for cheaper production of cars for Americans to enjoy. Ford Motors survived the Great Depression and every recession since then, but the International Financial Crisis of 2008 affect it differently. US automakers heavily influenced by the crisis, as GM, Chrysler, and Ford were folding under due to many reasons, namely international competition, healthcare coverage, and the tightening of the American wallet due to the ...

Introduction

The video provides an overview of the Cola Wars between two giants concentrated soda producers, such as Coca Cola and Pepsi. The key parties involve in the soft drink business include concentrated producers, bottlers, retailers, and suppliers. Coca Cola and Pepsi held about 75% market share and focus on the advertising, product portfolios and operational efforts to compete with each other. Both companies pursued effective strategic management strategies for business, corporate and global level. For example, both companies focused on the differentiation and cost leadership at a business level by adding new products to portfolios like Mountain Dew by ...

A. Introduction

Toyota Motors Corporation (Toyota) is a ¥25.69 trillion (US$256.91 billion at ¥100.00:$1 exchange rate used in the 2014 annual report) automotive manufacturing enterprise (Toyota, 2014, p. 26) with four major market regions globally, namely: Japan (home), North America, Europe, Asia, and Other regions (see section C for details). Since 2010, it grew 35.57% from ¥18.95 trillion. Its return on equity has grown from 2.1% in 2010 to 13.7% in 2014, or 6.5 times. Moreover, its return on assets grew 6.7 times from 0.7% in 2010 to 4.7% in 2014. Toyota has one core product (automobiles) and core ...

A sustainability report is a business formed report, which is separate from the usual financial reports. It normally discusses the company’s strengths and gives the company’s information on economic, environmental, social and governance performance. The report conveys the impacts of the organization, regardless of whether they are negative or positive. This kind of report is crucial for the stakeholders who use it to monitor the transparency rate in the organization. An effective sustainability report quantifies and measures the environmental performance of the organization. The process of making a sustainability report, therefore, highlights a company's weaknesses which help ...

Background Information

Compass Minerals International Company produces and sells minerals which may include salt, fertilizers and magnesium chloride. The company has its base in Kansas City and offers its products and services to customers in Canada, North America, and the UK. Also, the company also offers records management services to business in the United Kingdom. The business operates two segments namely salt and plant nutrition. The Salt segment focuses on mining and producing salt related products such as Magnesium Chloride and Sodium Chloride. On the other hand, the plant nutrition segment focuses on coming up with products such as sulfate of ...

The AEG Sustainability Program

Introduction Sustainability should be of great concern to all companies in the events industry. Their business activities have a great impact on the environment. There are many new developments in sustainability, both in theory (including an increasing body of academic literature) and in practice (such as new industry guidelines, accounting frameworks like Triple Bottom Line, and corporate certification schemes) (Sachs, 2015). Corporate management in events companies is, of course, in the best position to make business decisions consistent with the growing awareness of sustainability issues. However, other corporate stakeholders can also become engaged when necessary to assure that their ...

IKEA Company: Is the Company Success Sustainable?

Report

Abstract IKEA today is more than a company, it is a community of highly motivated people who share the company’s values, mission, and goals. Being one of the global leaders in the sphere of household goods production, IKEA adheres to the proactive position in environmental and social issues justifying the branded idea of creating a more sustainable home life. In this paper, the sustainability factors affecting the success of the company on the international arena are analyzed. IKEA presented an unrivaled consistency in the realization of various ecological and social projects, in cooperation with suppliers and partners ...

Executive Summary

The aim of this report is to cover Coca-Cola’s mission, vision, objectives and values in detail. Critical assessment of its reports and information posted on the website with regard to shareholders as well as other stakeholder groups demonstrates that Coca-Cola strives to solve scandals that have occurred years ago. The firm cares greatly for the working environment that it creates. What concerns formulation of vision and mission, it is clear that Coca-Cola needs more differentiation and precision. What is more, based on its commitment to integrity, Coca-Cola should explicitly state on the main page for shareholders what its ...