It is a 1000 word report, requiring at least 5 peer reviewed references in Harvard. Deadline is 24 of august. More instructions is attached below.

1. Entity selected:
National Australia Bank Limited (NAB)
2. Brief introduction about the entity:
National Australia Bank is one of the fourth-largest financial institutions in Australia in terms of market capitalization, customers base, and revenue. The bank was founded in 1982 and is headquartered in Melbourne, Australia. Ross McEwan is the CEO of the company and the company is having more than 35000 employees across the globe. The major products of the bank are consumer banking, wholesale banking, insurance and wealth management, etc. The bank has also made several acquisitions since its foundation such as the Bank of New Zealand.
3. Ethical, CSR reporting and performance:
There are various laws and regulations defined to promote the CSR and sustainability initiatives out of which few are as below:
i. GRI standards and UN Sustainable Development Goals:
GRI disclosure 206-1 is related to reporting and disclosure requirements of legal actions taken under national and international laws for purpose of anti-trust and competitive behavior and monopoly practices. Under this disclosure, the entities are required to report the number of legal actions pending or completed on account of anti-trust and monopoly practices and outcomes of such actions. By reporting such outcomes and disclosures, the stakeholders can analyze the impact on the entity in the short- term as well as long- term and can also know about the level of ethical practices followed by the entity (GSSB, 2016). Further, the performance can also be improved in a significant manner if the entity is performing in compliance with such laws.
Under disclosure 307-1, non-compliance with environmental laws and regulations the entities should report fines or penalties paid by the entity on account of non-compliance with environmental laws. The entity should also disclose the value of fines paid, the number of non-monetary sanctions and a brief statement as evidence for any non-compliance reported (GSSB, 2016). By adopting such disclosures, the bank can improve its performance in a significant manner and its sustainability reporting can be improved.
Under the disclosure requirement of 419-1, the entities should disclose the non-compliance of laws and regulations related to social and economic areas including international treaties and declarations, cases...