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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 XXXXXXXXXXKaplan 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 refe
ing 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 XXXXXXXXXXKaplan 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
each 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 hydroca
on-
eating bacteria to remediate the soil. It has certainly been a challenging year for us but we all must
emember 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
eakthrough research into
iotechnology.

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 XXXXXXXXXXKaplan 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/cu
ent-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
esources on the MyKBS Academic Success Centre page. Click here for this information.

http:
www.kbs.edu.au/cu
ent-students/student-policies
https:
elearning.kbs.edu.au/course/view.php?id=1481

Page 4 XXXXXXXXXXKaplan 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
na
ative explanation of
topic specific disclosures.
Substandard effort to
make disclosures based
on case study
information.
Demonstrated
understanding of case
study organization
disclosure obligations
ased on mostly
accurately identified
topic specific
disclosures.
Na
ative 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 na
ative
explanation using
management approach
disclosure methodology.
Comprehensive
understanding of
case study
organization
disclosure obligations
ased on accurately
identified topic
specific disclosures.
Clear na
ative
explanation using
management approach
disclosure methodology.
Sustainability Assessment
Report demonstrates
advanced level
understanding of
management approach
disclosure methodology.
Highly detailed na
ative
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
equirements of case
study organization.
Insufficient na
ative
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
na
ative explanations
of topic specific
disclosures.
Na
ative explanations
are reasonably clear but
some important details
from case study that
should be included have
een 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
na
ative explanation of
topic specific disclosures.
Methodology of the
management
approach to
disclosure used well
to prepare detailed
na
ative explanations
of topic specific
disclosures.
Na
ative 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
elevant to case study
organization. Articulate
and highly detailed
na
ative explanations
included in Sustainability
Assessment Report.
10
Page 5 XXXXXXXXXXKaplan Business School Assessment Outline

Sustainability Assessment
Social Sustainability Sustainability Assessment Report demonstrates poor
understanding of
management approach
disclosure methodology.
Failure to provide
na
ative explanation of
topic specific disclosures.
Substandard effort to
make disclosures based
on case study
information.
Demonstrated
understanding of case
study organization
disclosure obligations
ased on mostly
accurately identified
topic specific
disclosures.
Na
ative explanation
Answered Same Day Jun 06, 2021 MBA402

Solution

Rupsha answered on Jun 10 2021
144 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 appraisal, 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, co
uption 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
ing 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 ca
ies 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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