Business Ethics and Sustainability

Best Essays
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.

You May Also Find These Documents Helpful

  • Powerful Essays

    Business ethics and sustainability Tata Steel Ltd. – a case study What is business ethics and sustainability ? Business ethics Business ethics (also Corporate Ethics) is defined as the accepted set of moral values and codes of conduct applied in business practice and decision making. These applied ethics or professional ethics are defined by its business or corporate policies and is corporate standards of a business organisation. Business ethics means ‘taking the right course’. Acting ethically…

    • 2650 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    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…

    • 566 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Business Sustainability

    • 640 Words
    • 3 Pages

    BMO5501 – BUSINESS ETHICS AND SUSTAINABILITY Country Briefing Paper Sustainability: Issues and Challenges in Australia and Afghanistan Prepared by: 1. Massouda Nazari (3867371) 2. 3. 4. 1. Introduction: Background & Context 2. Economic Context 3. Economic & Political System…

    • 640 Words
    • 3 Pages
    Powerful Essays
  • 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. However, this approach relies on an accounting based perspective and does not fully capture the time element that is inherent within business sustainability. A more robust definition is that business sustainability…

    • 704 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Business Continuity and Sustainability: Avon Business continuity and sustainability are common terms used in the business world today, they both are important to the strategic plan and decisions in relationship to today’s business world. Business continuity is the activity of an organization looking at the business functions that relate to uniform and reliable practice and making sure all stakeholders are aware and have access to those activities. According to Merriam-Webster.com (2010), sustain…

    • 2015 Words
    • 9 Pages
    Better Essays
  • Powerful Essays

    MN3481: Business, sustainability and society The issue of defining ethics becomes problematic when debating whether one’s intentions should be taken into account. Crane and Matten define business ethics as the study of business situations, activities, and decisions where issues of right and wrong are addressed (Crane & Matten). It is argued by some that business and ethics contradict one another, thus business ethics is an oxymoron. The main purpose of many businesses is to adhere to the needs…

    • 2380 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    critically analysing the situation of sustainability in Indooroopilly State High School, which is concerned with the social and environmental responsibilities of the school. We will also be looking at business sustainability at Indooroopilly, which is also concerned with the financial aspects of sustainability. This is an overview of our presentation: first, we will define business sustainability. Then, we will talk about the importance of business sustainability at Indooroopilly, afterwards going…

    • 1506 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    ENVIRONMENT SUSTAINABILITY IN BUSINESS Under this sub theme, agriculture is a very important area and i have chosen to work on it as agriculture taking place in a unsustainable way has numerous impacts on the environment. Heavy rain and irrigation leads to agrochemical runoff contaminating waterways,heavy metals and toxic materials go into water bodies;leading to eutrophication , a build-up of chemicals in the soil can impact plants,which in turn can be transferred to wildlife and humans who eat…

    • 293 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Caterpillar’s Views on Ethics and Sustainability Caterpillar, Inc. is indeed one of the World’s most Ethical companies. In 2011 it was listed in Ethisphere’s World’s Most Ethical (WME) Companies under Industrial Manufacturing. Personal Ethics Caterpillar has a worldwide Code of Conduct. The values it stresses are integrity, excellence, teamwork, commitment. They understand the importance of diversity and strive to achieve all of the above values given a diverse world environment and despite…

    • 396 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Chapter Ten Business Ethics/ Social Responsibility/ Environmental Sustainability Chapter Objectives 1. Explain why good ethics is good business in strategic management. 2. Explain how firms can best ensure that their code of business ethics guides decision making instead of being ignored. 3. Explain why whistle-blowing is important to encourage in a firm. 4. Discuss the nature and role of corporate sustainability reports. 10-2 Chapter Objectives (cont.) 5. Discuss specific…

    • 842 Words
    • 4 Pages
    Satisfactory Essays