Preview

Business Ethics and Sustainability

Best Essays
Open Document
Open Document
4655 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Ethics and Sustainability
MASTER OF BUSINESS ADMINISTRATION MASTER OF BUSINESS ADMINISTRATION

BUSINESS ETHICS AND SUSTAINABILITY
BMO5501
BUSINESS ETHICS AND SUSTAINABILITY
BMO5501

Assignment 1 Part B: Sustainability Recommendation Report

VU Lecturer: Ms Judith Watson

Local Tutor: Mr Paul Linus Andrews

Prepared by: Chua Yu Kiat (VU ID 4185059)

Jullian John (VU ID 4202536)

Teoh Xuan Jing (VU ID 4184633)

Wong Wing Tien (VU ID 3906101)

Assignment 1 Part B: Sustainability Recommendation Report

VU Lecturer: Ms Judith Watson

Local Tutor: Mr Paul Linus Andrews

Prepared by: Chua Yu Kiat (VU ID 4185059)

Jullian John (VU ID 4202536)

Teoh Xuan Jing (VU ID 4184633)

Wong Wing Tien (VU ID 3906101)

Table of Contents

Executive Summary | 2 | Introduction | 4 | Corporate Social Responsibility | 5 | Global Sustainability Initiatives | 7 | Recommended Initiatives | | Sustainability Governance, Reporting & Assurance | 10 | Biodiversity & Land Management | 11 | Chemical Management | 12 | Conclusion & Recommendation | 14 | References | 15 | | | Appendix 1: Country Briefing Report | | Appendix 2: The Harvard Definition of Corporate Social Responsibility (CSR) | Appendix 3: The Business Case for CSR | | Appendix 4: Three (3) Theoretical Perspectives on CSR | | Appendix 5: Four (4) Approaches in International Management | | Appendix 6: Global Reporting Initiative (GRI) | | Appendix 7: Strategic Approach to International Chemicals Management (SAICM) | Appendix 8: Considerations for Design of the Tailings Storage Facilities | Appendix 9: Cowal Gold Mining (CGM) Chemical Management Strategy | Appendix 10: Turnitin Assignment Similarity Report |

1. Executive Summary

This report was written as a research paper for the senior management of Newcrest Australia with intentions of evaluating the prospects of expanding its gold mining operations into Malaysia and addressing sustainability


References: Freeman, R.E. 1984, Strategic Management: A Stakeholder Approach. In. Garriga , E & Mele, D 2004, ‘Corporate Social Responsibility Theories: Mapping the Territory’ Journal of Business Ethics, vol. 53, pp. 51-71.
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Better Essays

    Stakeholders: Large Firms
    • 972 Words
    • 4 Pages

    Stakeholders: Large Firms

    Yvon Pesqueux, Salma Damak-Ayadi, (2005),"Stakeholder theory in perspective", Corporate Governance, Vol. 5 Iss: 2 pp. 5 - 21…

    • 972 Words
    • 4 Pages
    Better Essays
    Read More
  • Good Essays

    Ethical and Socially Responsive Business
    • 701 Words
    • 3 Pages

    Ethical and Socially Responsive Business

    This is a reminder from your CEO ; to all employees, Officers, and Members of the Board of Directors of the importance of adherence to the Code of Conduct that we have put in place here at Chipotle Mexican Grill. If you have not taken the time to go over the Code of Conduct personally, I ask that each of you take the time to do so as soon as possible. Although adherence to the Code of Conduct in its entirety is of the utmost importance; there are a few key areas that can have a significant impact on our business. I ask that you take extra care to make yourselves aware of these key areas and the ramifications that non-adherence to these particular areas can produce. These areas are as follows:…

    • 701 Words
    • 3 Pages
    Good Essays
    Read More
  • Better Essays

    Ethical and Socially Responsive Business
    • 1098 Words
    • 4 Pages

    Ethical and Socially Responsive Business

    The cheesecake Factory has an established code of ethical conduct that is an essential factor in maintaining a proper balance in the human aspect of ethics…

    • 1098 Words
    • 4 Pages
    Better Essays
    Read More
  • Good Essays

    Business Ethics
    • 434 Words
    • 2 Pages

    Business Ethics

    Another good example of its good ethics is in 2007 when the Kellogg Company announced that it would phase out advertising its products to children under age 12 unless the…

    • 434 Words
    • 2 Pages
    Good Essays
    Read More
  • Powerful Essays

    tata
    • 2123 Words
    • 9 Pages

    tata

    Knowledge & Skills - 1.1, Integrate and apply disciplinary theory and skills to practical situations…

    • 2123 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Stockholder vs Stakeholder
    • 23180 Words
    • 93 Pages

    Stockholder vs Stakeholder

    * Bhattacharya, CB, Sankar Sen and Daniel Korschun (2011) Leveraging Corporate Social Responsibility: The Stakeholder Route to Business and Social Value, Cambridge University Press, Cambridge: UK.…

    • 23180 Words
    • 93 Pages
    Powerful Essays
    Read More
  • Good Essays

    Woolworths Ltd Doing the Right Thing
    • 11788 Words
    • 48 Pages

    Woolworths Ltd Doing the Right Thing

    Welcome to the Woolworths Limited Sustainability Strategy 007–015. Woolworths has been around for over 80 years. We’re proud of our history and reputation as a successful business. And we know that the world is changing. We recognise that our customers, shareholders, staff and other stakeholders now expect us to be aware of and respond to the challenges of sustainability. For an organisation as large and diverse as Woolworths, the issues around sustainability are complex and the challenges tough. But we’ve never shied away from dealing with tough issues before, and that has contributed greatly to our achievements in the past. The way we see it, sustainability is about doing the right thing. At Woolworths we have always been very proud of our strong values. As one of Australia’s largest companies, the changes we make can have an enormous impact – on our shareholders, our suppliers, our staff, our customers, and our local communities. But more than anything, sustainable behaviour just makes good business sense. We know we have a lot of work to do on these issues. And we don’t have all the answers now. But we are serious about asking the right questions. We don’t see sustainability as a stand-alone activity. Instead, it is a process that we are embedding in everything we do. With 180,000 employees working in almost every city and town across Australia and New Zealand, the task of changing our behaviour is a big challenge. But it’s a challenge I believe we can meet,…

    • 11788 Words
    • 48 Pages
    Good Essays
    Read More
  • Powerful Essays

    Ethics and Corporate Responsibility
    • 1588 Words
    • 7 Pages

    Ethics and Corporate Responsibility

    Governments of both America and Colberia are other major stakeholder PharCare should put into consideration in case of major changes the company should partake concerning such issue as labor, health and taxation.…

    • 1588 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Good Essays

    Sustainability and Business Ethics at Wal Mart
    • 566 Words
    • 3 Pages

    Sustainability and Business Ethics at Wal Mart

    The discussion of the future of Wal-Mart’s sustainability initiative should inevitably begin with the question “What is the end goal?” Are programs like the Sustainability Index a complex marketing tool to gain competitive advantage? Or do they reflect a sincere commitment to maximizing the social good, even at the expense of profits? In this essay, I will assume a convenient convergence that good corporate social responsibility and business profits are highly positively correlated. Thus, regardless which point of view one embraces, Wal-Mart’s aim should be true effectiveness in the sustainability realm.…

    • 566 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    The Business Ethics Field of Study
    • 569 Words
    • 3 Pages

    The Business Ethics Field of Study

    The business ethics field of study has evolved through five distinct stages. These stages are before 1960, the 1960s, the 1970s, the 1980s, and the 1990s. It also continues to evolve in the twenty-first century. With each stage come new changes. In the last 30 years the ethics field of study, starting from the 1980s, has shown multiple changes. In 1980 business ethics was acknowledged as a field of study. A group of institutions with diverse interests promoted its study causing business ethics organizations to grow and include thousands of members. The 1980s also brought forth the development of the Defense Industry Initiative (DII) on Business Ethics and Conduct. This Defense Industry Initiative includes six principles. These six principles are as follows:…

    • 569 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Business Sustainability
    • 704 Words
    • 3 Pages

    Business Sustainability

    Business sustainability is often defined as managing the triple bottom line - a process by which firms manage their financial, social and environmental risks, obligations and opportunities. These three impacts are sometimes referred to as profits, people and planet.…

    • 704 Words
    • 3 Pages
    Good Essays
    Read More
  • Better Essays

    Business Ethics and Social Responsibility
    • 1487 Words
    • 6 Pages

    Business Ethics and Social Responsibility

    Ethics in the workplace help the organization to grow and prosper. They bring about leadership, work culture and literacy. Ethic are beliefs about what’s right or wrong and good or bad based on individual’s values and morals, plus a behavior social context. Ethical behavior conforms to individual beliefs and social norms about what’s right and good. Unethical behavior conforms to individual beliefs and social norms about what’s wrong or bad. Business ethics refers to ethical or unethical behavior by employees in the context of their jobs.…

    • 1487 Words
    • 6 Pages
    Better Essays
    Read More
  • Powerful Essays

    Anglogold Ashanti: Analysis of Csr Strategy
    • 6706 Words
    • 27 Pages

    Anglogold Ashanti: Analysis of Csr Strategy

    References: Branco, M.C. & Rodrigues, L.L. 2007. Positioning stakeholder theory within the debate on corporate social responsibility. http://ejbo.jyu.fi/pdf/ejbo_vol12_no1_pages_5-15.pdf.…

    • 6706 Words
    • 27 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Stakeholder Theory
    • 9561 Words
    • 39 Pages

    Stakeholder Theory

    References: Aggeri Frank, Acquier Aurelien, (2005). “La Theories des Stakeholders pemet-elle de render compte des pratiques en matiere de RSE”, XIV Conference Internationale de Management Strategique, Anger 2005 Ansoff, H. I. (1965). Corporate Strategy. New York: McGraw-Hill. Aoki, M. (1984). The Co-operative Game Theory of the Firm. Oxford: Clarendon Press. Caron Michel, Quairel-Lanoizelée Françoise (2004). Mythes et réalités de l’entreprise responsable. Clarkson, M.B.E, (1995). “A Stakeholder Framework for Analyzing and Evaluating Corporate Social Performance”, Academy of Management Journal, 20/1: 92-118. Commission Green Paper 2001. “Promoting a European Framework for Corporate Social Responsibility” Dodd, E. M., Jr. (1932). “For Whom Are Corporate Managers Trustees?” Harvard Law Review, 45:1145-63. Reproduced in M. B. E. Clarkson (ed.) (1998) The Corporation and its Stakeholders: Classic and Contemporary Reading. Toronto: University of Toronto Press. Donaldson and Preston, L.E. (1995). “The Stakeholder Theory of Corporation: Concepts, Evidence and Implication”, Academy of Management Review, 20/1: 65. Freeman, R.E (1984). “Strategic Management: A stakeholder Approach”. Boston, MA: Pitman. Freeman, R.E (1999). “Response: Divergent Stakeholder Theory”, Academy of Management Review, 24/2: 233-36. Freeman, R.E (2004). “A Stakeholder Theory of Modern Corporations”, Ethical Theory and Business, 7th edn. Freeman, R.E and Evan, W.M. (1990). “Corporate Governance: A stakeholder Interpretation”, Journal of Behaviour Economics, 19: 337-59. Friedman, Milton (1970), New York Times Magazine of the 13th September Friedman, A.L. and Miles, S. (2001). “Developing a Stakeholder Theory”, Journal of Management and Studies, 39/1: 1:21. Friedman, A.L. and Miles, S. (2006). “Stakeholders: Theory and Practice”, Oxford University Press. .…

    • 9561 Words
    • 39 Pages
    Powerful Essays
    Read More
  • Good Essays

    Business Ethics
    • 670 Words
    • 3 Pages

    Business Ethics

    1. Advantages and disadvantages of ethics in business. [Apakah kebaikan dan keburukan mengamalkan etika dalam perniagaan?]…

    • 670 Words
    • 3 Pages
    Good Essays
    Read More

Related Topics