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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please follow the instructions provided by the professor. And make a good report according to that.


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 DayJun 06, 2021MBA402

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

Rupsha answered on Jun 10 2021
129 Votes
Management-Business Ethics
Table of Contents
Introduction    2
Facts about the Tramalway Industries    2
The Generation of Values and Driving the Change by Applying Sustainability    3
Programs and Initiatives    3
The Value Chain of the Organization    4
Sustainability Followed by Tramalway Industries    4
Social Sustainability    4
Economic Sustainability    5
Environmental Sustainability    6
Conclusion    6
Recommendations    7
References    8
Introduction
Sustainability assessment may be defined as a method of app
raisal, which involves complexities and the key aim to conduct such assessments, are to give proper support to the decision-making and the policies of an organization in economic, social as well as environmental contexts. It is done to properly evaluate the contexts and give critical decision-making elements are addresses and judged. Sustainability can also be cited as a procedure with proper structures, which generally focuses on different types of methods, which are analytical as well as field specific, and focuses on the models of the applications that are involved in the context. It is the duty of all the organizations to maintain sustainability in the social, environmental as well as in economic ways for the proper functioning of the organizations. To look after the proper maintenance of sustainability by the organizations, the GRI (Global Reporting Initiative) came into existence, which is an organization of international standards, independent in nature. Its primary work is to look after the maintenance of proper sustainability by the organizations as well as look after their problems such as human rights, corruption as well as climate changes. Thus, we can say that a company has to maintain sustainability factors to do business and to become successful in future.
Facts about the Tramalway Industries
The Tramalway Industries generally follows all the three forms of sustainability factors namely environmental, social and economical. The industry focuses in creating a long lasting good impression for the customers, employees and on the investors of the company. The company aims for such a socio - environmental changes that generally attract many stakeholders to tie up and work with them. Such types of impressions can only be obtained by maintaining as well as delivering proper sustainability operations, and for that purpose, the industry always focuses on the maintenance of proper sustainability factors other than doing business.
The Generation of Values and Driving the Change by Applying Sustainability
The industry generally tries to generate their values and bring the changes with the help of visions of sustainability. From dealing with the customers to the stakeholders, they always try to maintain their sustainability factors and they generally follow a strict principle of rules outlined by them from before to make sure to keep the sustainability policy integrated as well as to stay transparent in the process (Rauter, Jonker & Baumgartner, 2017). The UNGC (United Nations Global Compact) is perhaps the largest sustainability initiative of the world, which generally works on the achievements, manages systems, programs, and takes initiatives globally. None can deny the fact that besides all the laws, internal policies and ethics, the social systems and the environmental management systems guides the businesses (Matharu & Lokesh, 2019). The Tramalway industries follow a sustainability status that includes proper focusing on the health and safety as well as making sure that the company's business does not do any harm to the environment, and strict following of the company's ethics. The Tramalway industries had tried to control their businesses in several places for ensuring the conduction of their business going beyond the compliance level.
Programs and Initiatives
Being a lean enterprise, it is not that much easy to give proper focus on the issues regarding the sustainability which carries immense importance for the business as well as the stakeholders. The activities, which the company follows, are the results of the three - year plans and has the capabilities to indicate their performances. Some of the operational strategies of the organization are as follows -
i. The assessments regarding the social as well as environmental management and audits the 5S if the organization namely the sort, set in order, shine, standardize and sustain.
ii. The management gets directly involved in the execution of the operations as well as the other programs for driving the culture of integrity of the organization.
iii. The process of "machine safety", that is reviewing the work instructions are also followed by the organization and the relationship between the product and the environment are also maintained well.
The Value Chain of the Organization
Properly handling the supply chains are very important for an organization, as on the basis of the supply chain the customers generally starts depending on the company and so it is also important for the...
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