Social, Economic and Environmental Sustainability Practices of Crown Resorts

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Industry Sector Report

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Table of Contents
Introduction...............................................................................................................................2
Social, Economic and Environmental Sustainability Practices of Crown Resorts......................3
Areas where sustainability policies are not implemented........................................................4
Positive and Negative Impact.....................................................................................................5
Reporting practices of the company..........................................................................................6
Compliance with GRI Standards.............................................................................................6
Conclusion..................................................................................................................................7
References..................................................................................................................................8

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Introduction
In today’s competitive business world, the importance of adaptation of sustainable
practices by organisations has increased because it provides them a competitive advantage
over their competitors. Organisations that adopt these policies are focused on fulfilling the
interest of their stakeholders and ensuring that they create an overall positive impact on
society (Schaltegger & Wagner, 2017). These policies are also necessary to be followed by
corporations operating in the tourism and hospitality sector to make sure that they reduce
their carbon footprint and improve the overall positive impact on society. This report will
focus on evaluating the social, economic and environmental sustainability practices which
are implemented by Crown Resorts that operates in the tourism sector. This report will
evaluate the areas of sustainability where adequate policies are not implemented by the
organisation. This report will also evaluate both positive and negative impact of the
operations of Crown Resorts on its stakeholders. Lastly, this report will evaluate the formal
reporting practices which are followed by the organisation and compare them with the GRI
(Global Reporting Initiative) Index to determine whether they comply with them or not.