Page 1 XXXXXXXXXXKaplan Business School Assessment Outline Assessment 3 Information Subject Code: MBA402 Subject Name: Governance, Ethics and Sustainability Assessment Title: Sustainability Assessment...

2 answer below »
Page 1 XXXXXXXXXXKaplan Business School Assessment Outline

Assessment 3 Information

Subject Code: MBA402
Subject Name: Governance, Ethics and Sustainability
Assessment Title: Sustainability Assessment
Assessment Type: Sustainability Report
Choose an item.: 2,000 Words (+/-10%)
Weighting: 40 %
Total Marks: 40
Submission: Via Turnitin
Due Date: Week 13

Your Task

You are required to watch the following YouTube clips from the GRI Secretariat:

1. The GRI Sustainability Reporting Standards: The Future of Reporting
https:
www.youtube.com/watch?v=AGqE4OO0_7g&t=3s

2. Introducing the GRI Standards
https:
www.youtube.com/watch?v=RDe8Kkh1BrU&t=2s

You must also read the Message from the CEO of fictional company Tramalway Industries. You must
then prepare a sustainability assessment report for Tramalway Industries.

Assessment Instructions

You must prepare a sustainability assessment report for Tramalway Industries refe
ing to the
Consolidated Set of GRI Sustainability Reporting Standards 2016 that specifically addresses:

A. Economic sustainability

i) Disclosure 201-4 Financial assistance received from the government
ii) Disclosure 203-1 Infrastructure Investments and services supported
iii) Disclosure 204-1 Proportion of spending on local suppliers

B. Environmental sustainability

i) Disclosure 301-1 Materials used by weight or volume
ii) Disclosure 301-2 Recycled input materials used
iii) Disclosure 306-3 Significant spills

C. Social sustainability

i) Disclosure 408-1 Operations and suppliers at significant risk for incidents of child labour
ii) Disclosure 412-2 Employee training on human rights policies or procedures
iii) Disclosure 417-3 Incidents of non-compliance concerning marketing communications


https:
www.youtube.com/watch?v=AGqE4OO0_7g&t=3s
https:
www.youtube.com/watch?v=RDe8Kkh1BrU&t=2s

Page 2 XXXXXXXXXXKaplan Business School Assessment Outline


You will be required to include a minimum of 5 references in your Sustainability Assessment Report which
must come from academic journals or textbooks.

A Message from the CEO

Dear Employees,

I wish to personally thank you for your professionalism and continued dedication to Tramalway Industries.
Last year was certainly the most challenging year our company has faced in its proud history and I would
like to take this opportunity to dispel some of the rumours circulating around some of the issues that
arose.

Obviously, the most serious matter for Tramalway Industries was the media investigation into the ongoing
use of child labour in Bangladeshi manufacturing facilities.The investigation revealed that one of our
suppliers, Golden Goods Ltd, engaged manufacturers in Bangladesh that employ child labour to produce
their products. This situation was not known to us and was a clear
each of our supply contract with
Golden Goods Ltd. We therefore terminated our contract with Golden Goods Ltd.

The good news is we were able to find a replacement supplier relatively quickly – a local supplier that
operates within our own metropolitan area. This new local supplier means that our percentage of products
and services purchased locally has risen to 75% of our total procurement budget. Plus the materials from
our new supplier are both renewable and recyclable which means our total weight for non-renewable
materials has decreased to 55 tonnes while our total weight for renewable materials has increased to 45
tonnes. And our total weight for recycled input materials has increased to 25 tonnes.

The second serious issue faced by Tramalway Industries this year was the Australian Competition and
Consumer Commission (ACCC) investigation into our recent marketing communications. The investigation
found that Tramalway Industries had engaged in false and misleading conduct and issued an Infringement
Notice with a penalty of $12,600. Tramalway Industries paid the fine and updated our marketing policies to
ensure future compliance with all Australian Consumer Law provisions.

The third serious issue was a significant fuel spill at our warehouse in Chemora, Queensland.
Approximately 8 kilolitres of fuel spilled from a rupture in one of the fuel tanks into the soil around its base.
The spill soaked directly into the ground and we have sprayed the affected area with liquid hydroca
on-
eating bacteria to remediate the soil. It has certainly been a challenging year for us but we all must
emember there have been some great wins too. The Federal Government awarded our organisation with
a $15 million research and development grant that we will use to continue our
eakthrough research into
iotechnology.

This was also the year we completed our $10 million health and welfare centre project in Dolan Bay, SA.
This centre will provide much needed support to families coping with a range of social issues completely
free of charge. It is an extremely worthy initiative and demonstrates our clear commitment to the social
well-being of those that are less fortunate in our community.

Finally, our employee training program on human rights was launched this year and has already
completed 100 hours of training on aspects of human rights that are relevant to our operations. This
means that 35% of our employees have been trained in human rights principles ranging from gender
equality to human dignity and respect.

With your continued hard work and support I am extremely confident that Tramalway Industries can build
further upon our success in the coming year.

Kind regards,

Phil Tramalway
Page 3 XXXXXXXXXXKaplan Business School Assessment Outline

Important Study Information


Academic Integrity Policy

KBS values academic integrity. All students must understand the meaning and consequences
of cheating, plagiarism and other academic offences under the Academic Integrity and Conduct
Policy.

What is academic integrity and misconduct?
What are the penalties for academic misconduct?
What are the late penalties?
How can I appeal my grade?

Click here for answers to these questions:
http:
www.kbs.edu.au/cu
ent-students/student-policies/.


Word Limits for Written Assessments

Submissions that exceed the word limit by more than 10% will cease to be marked from the point
at which that limit is exceeded.


Study Assistance

Students may seek study assistance from their local Academic Learning Advisor or refer to the
esources on the MyKBS Academic Success Centre page. Click here for this information.

http:
www.kbs.edu.au/cu
ent-students/student-policies
https:
elearning.kbs.edu.au/course/view.php?id=1481

Page 4 XXXXXXXXXXKaplan Business School Assessment Outline

Assessment Marking Guide

Criteria F (Fail)
0%-49% P (Pass) 50%-64% CR (Credit) 65%-74% D (Distinction) 75% - 84%
HD (High
Distinction)
85%-100%
Mark
Sustainability Assessment
Economic Sustainability Sustainability Assessment Report demonstrates poor
understanding of
management approach
disclosure methodology.
Failure to provide
na
ative explanation of
topic specific disclosures.
Substandard effort to
make disclosures based
on case study
information.
Demonstrated
understanding of case
study organization
disclosure obligations
ased on mostly
accurately identified
topic specific
disclosures.
Na
ative explanation
using management
approach disclosure
methodology but further
work required to improve
clarity of disclosure.



Topic specific disclosures
accurately identified from
the case study and
appropriately disclosed in
Sustainability Assessment
Report with reasonably
clear na
ative
explanation using
management approach
disclosure methodology.
Comprehensive
understanding of
case study
organization
disclosure obligations
ased on accurately
identified topic
specific disclosures.
Clear na
ative
explanation using
management approach
disclosure methodology.
Sustainability Assessment
Report demonstrates
advanced level
understanding of
management approach
disclosure methodology.
Highly detailed na
ative
explanation of topic
specific disclosures
together with accurate
and total disclosure based
on case study
information.
10
Sustainability Assessment
Environmental
Sustainability
Lack of
understanding of
disclosure
equirements of case
study organization.
Insufficient na
ative
explanation or
commentary of topic
specific disclosures.
Management approach
disclosure methodology
not followed.
Methodology of the
management approach
to disclosure
appropriately used to
prepare logical
na
ative explanations
of topic specific
disclosures.
Na
ative explanations
are reasonably clear but
some important details
from case study that
should be included have
een overlooked.








Sustainability Assessment
Report indicates general
awareness and solid
understanding of purpose
of disclosure and required
methodology. Relevant
details from case study
are included within
na
ative explanation of
topic specific disclosures.
Methodology of the
management
approach to
disclosure used well
to prepare detailed
na
ative explanations
of topic specific
disclosures.
Na
ative explanations
are clear and incorporate
vast majority of relevant
details from case study.
Effective adoption of
management approach
disclosure methodology to
provide complete topic
specific disclosures
elevant to case study
organization. Articulate
and highly detailed
na
ative explanations
included in Sustainability
Assessment Report.
10
Page 5 XXXXXXXXXXKaplan Business School Assessment Outline

Sustainability Assessment
Social Sustainability Sustainability Assessment Report demonstrates poor
understanding of
management approach
disclosure methodology.
Failure to provide
na
ative explanation of
topic specific disclosures.
Substandard effort to
make disclosures based
on case study
information.
Demonstrated
understanding of case
study organization
disclosure obligations
ased on mostly
accurately identified
topic specific
disclosures.
Na
ative explanation
Answered Same DayMay 31, 2021MBA402

Solution

Ishika answered on Jun 12 2021
51 Votes
Sustainability Report
Running Head: SUSTAINABILITY REPORT        0
SUSTAINABILITY REPORT         7
Tramalway industries
Sustainability Report
Student’s Details
6/12/2020
Overview
The following report is a GRI sustainability report for Tramalway Industries. The report has described various issues related to sustainability of the company and included the information related to the economic sustainability, environmental sustainability and social sustainability which are the three main pillars of sustainability. Tramalway industries are a manufacturing company which is operating its business in various markets. Company has faced many issues but resolved with the sustainable solutions.
Contents
Introduction    3
Background    3
Methodology    3
Economic Sustainability    4
GRI 201 – Economic Performance    4
Disclosure 201-4 financial assistance received from the government    4
GRI 203 – Indirect Economic Impacts    4
Disclosure 203-1 Infrastructure Investments and services supported    4
GRI 204 – Procurement Practices    5
Disclosure 204-1 Proportion of spending on local suppliers    5
Environmental sustainability    5
GRI 301 – Materials    6
Disclosure 301-1 Materials used by weight or volume    6
Disclosure 301-2 Recycled input materials used    6
GRI 306 – Effluents and Wastes    6
Disclosure 306-3 Significant spills    7
Social sustainability    7
GRI 408 – Child Labor    7
Disclosure 408-1 Operations and suppliers at significant risk for incidents of child labour    7
GRI 412 – Human Rights Assessment    8
Disclosure 412-2 Employee training on human rights policies or procedures    8
GRI 417 – Marketing and Labelling    8
Disclosure 417-3 Incidents of non-compliance concerning marketing communications    8
Conclusion and Recommendations    9
References List    10
Introduction
The GRI standards, which are recognized as global reporting standards, are designed to achieve sustainability reporting within organizations and this standard is also used by Tramalway Industries. The reporting standard is a type of system that can include a modular and inte
elated structure of data. Whose primary goal and the main role is to represent best reporting practices for a wide range of social, economic, and environmental activities and are universally accepted and incorporated into tramway industries (Gallego-Álvarez, Lozano and Rodríguez-Rosa, 2018). In addition, the information might need to discuss a few difficulties identified with wellbeing, security, sustainability and supportability of gatherings in sleek and Tramalway ventures mostly. It permits in associations, organizations, and remarkable undertakings to get and interconnect their private impact actually various challenges that include individual advantages, contamination and neighbourhood atmosphere exchange.
Background
The Sustainability Report of the companies consists of three pillars - Environment Pillar, Social Pillar and Economic Pillar. The environmental pillar gets the most attention in any business's sustainability report. Under this, all companies focus on reducing their overall impact on the environment of water usage, packaging waste, ca
on footprints etc. Experts have their own opinion on the social aspect of sustainability; some even call it a bad concept because it balances local and global levels as well as group needs and individual needs. Under Economic Sustainability, companies feel that they are firmly on the ground. Along with profitability, companies also pay attention to durability.
Methodology
A worldwide announcing activity known as global reporting initiative (GRI) is an office with worldwide self-overseeing necessities and is described by an exact methodology. The GRI system and methodology may help the organization in gathering, assembling, and bookkeeping data within a supe
and related manner, and this may with the end goal of maintainability
oadcasting. From a speculative factor of supposition, the supportability and sustainability approach ensures improvement and salary, notwithstanding troublemaking human progress and wide open with the organization's capitals.
Economic Sustainability
Economic sustainability focuses on equal economic development, which generates wealth for all without harming environmental and social values. The equal distribution of investment and economic resources strengthens other pillars of sustainability for full development. Through economic sustainability, it is possible to use the available resources to their best advantage; different strategies are identified by economic sustainability. Through this, there is a possibility of providing long term benefits and the idea is to promote the use of resources that are both efficient and responsible. On account of business activity, this calls for utilizing assets with the goal that the business keeps on working over various years, which reliably restoring a great and reliable benefit.
GRI 201 – Economic Performance
Disclosure 201-4 financial assistance received from the government
This disclosure reflects financial transparency very well and is an important measure of financial transparency. By which it is ensured that evils like crony capitalism cannot infiltrate the system of economy. This part gives the proportion of the commitments created and initiated by the legislature to Tramalway Industries to introduce a target image of the exchanges occu
ing between the administration and this association.
A total of 15 million dollars of research and development grants from the federal government were provided to Tramalway Industries. This grant has been given to help continue the quantum leap in the field of biotechnology research (Boiral, Heras-Saiza
itoria and Brotherton, 2017).
GRI 203 – Indirect Economic Impacts
Disclosure 203-1 Infrastructure Investments and...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here