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

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Page 1 Kaplan 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 referring 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 Kaplan 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 breach 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 hydrocarbon- eating bacteria to remediate the soil. It has certainly been a challenging year for us but we all must remember 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 breakthrough research into biotechnology. 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 Kaplan 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/current-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 resources on the MyKBS Academic Success Centre page. Click here for this information. http://www.kbs.edu.au/current-students/student-policies/ https://elearning.kbs.edu.au/course/view.php?id=1481 Page 4 Kaplan 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 narrative explanation of topic specific disclosures. Substandard effort to make disclosures based on case study information. Demonstrated understanding of case study organization disclosure obligations based on mostly accurately identified topic specific disclosures. Narrative 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 narrative explanation using management approach disclosure methodology. Comprehensive understanding of case study organization disclosure obligations based on accurately identified topic specific disclosures. Clear narrative explanation using management approach disclosure methodology. Sustainability Assessment Report demonstrates advanced level understanding of management approach disclosure methodology. Highly detailed narrative 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 requirements of case study organization. Insufficient narrative 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 narrative explanations of topic specific disclosures. Narrative explanations are reasonably clear but some important details from case study that should be included have been 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 narrative explanation of topic specific disclosures. Methodology of the management approach to disclosure used well to prepare detailed narrative explanations of topic specific disclosures. Narrative 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 relevant to case study organization. Articulate and highly detailed narrative explanations included in Sustainability Assessment Report. /10 Page 5 Kaplan Business School Assessment Outline Sustainability Assessment Social Sustainability Sustainability Assessment Report demonstrates poor understanding of management approach disclosure methodology. Failure to provide narrative explanation of topic specific disclosures. Substandard effort to make disclosures based on case study information. Demonstrated understanding of case study organization disclosure obligations based on mostly accurately identified topic specific disclosures. Narrative explanation
Answered Same DayMay 31, 2021MBA402

Answer To: Page 1 XXXXXXXXXXKaplan Business School Assessment Outline Assessment 3 Information Subject Code:...

Ishika answered on Jun 12 2021
135 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 i
ts 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 interrelated 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, carbon 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 superb and related manner, and this may with the end goal of maintainability broadcasting. 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 occurring 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-Saizarbitoria and Brotherton, 2017).
GRI 203 – Indirect Economic Impacts
Disclosure 203-1 Infrastructure Investments and...
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