Sustainability Research Paper 2022

Running head: SUSTAINABILITY
SUSTAINABILITY
Name of the student:
Name of the University:
Author Note:

SUSTAINABILITY1
Introduction:
The aim of this paper is to discuss the first and ability initiative taken by one of the most
important and reputed organisation in Australia that is mainly operating in the banking sector it
is the Commonwealth Bank that has been operating in the Australian market for more than
centuries. This report will be discussing about novel value proposition which allows the
company to follow certain innovative processes to understand the demand of the situation and
then initiate changes. This report is focused upon the sustainability issue of gender inequality in
all the small or large organisations in the world. Gender inequality in terms of empowerment of
women and allowing women in Getting higher position and exploring their talents are
mentioned. The gender in equality issue is also related to the harassment in the workplace and
gendered arrangement of work. These issues create problem in developing the employee base in
an organisation and ultimately reduce the productivity. the companies which do not take care of
this type of issues seriously the deputation and dependability of the employees to their workplace
get reduced in one hand. Similarly the skill and talents the employees for human workforce
possess are not properly contributed to enhance success in operation on the other.
Body/ Discussion:
CommBank (banking):
Common wealth Bank of Australia is a multinational bank with business across Asia United
States and New Zealand. The most importantly this organisation has its most of the operation
with United Kingdom. This particular organisation provides a variety of Economic Services
which includes retail fund Management Business institutional banking superannuation
investment broking service insurance and many more (Commbank.com.au. 2020). It is the

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largest Australian company in in the Australian securities exchange. established in 1911, this
bank was initially working under the Government of Australia later it was privatised completely
and became one of the most important banks in Australia. There are various initiatives that this
particular organisation takes to meet the goals of sustainability among which the gender equality
is one.
gender equality:
Gender equality and empowerment of women is one of the many goals of sustainable
development goals fund. It is the process of empowering women and promoting gender equality
in every segment of business. It is capable to accelerate sustainable development that enables the
companies to meet basic human right and multiply in other development areas. In 2000, UNDP
had partnered with the United Nations and the rest of the Global community to bring gender
equality into the focus of business (United Nations 2015). In this respect mention can be made
about the process in which men and women are not equal in terms of their work. Gender
inequality acknowledges that gender can affect the living experience of an individual (see
Appendix 3). these diversity can arise from the difference in Biology culture and psychological
norms. Many of these types of differences are grounded empirically whereas the others are
socially developed. For example in a workplace the women employees may be provided with
Low wage then the male employees (Falk & Hermle, 2018). they can face the physical as well as
psychological harassment in their workplaces. Overall it is the women who wear all the birth of
violence poverty inequality in the workforce and keep themselves adapting with the situation
without protesting.
This is the reason why the UNDP along with the other partners have developed sustainable
development goals to build the achievement of the women and ensure that there will be no

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discrimination against women and girls everywhere (see Appendix 1). The report has stated that
they are gross inequalities across the business organisation specially paid employment in some of
the regions. Here significant gap are present between men and women in the human workforce
market. in addition to this various sexual violence as well as harassment and exploitation can be
seen. In many cases discrimination in the workplace have led women to leave their job or take
more severe decisions. the sustainable development goals have a need to ensure the women who
have access the sexual as well as reproductive health universally and they will have equal rights
to the economic resources like property and land so that they can be empowered and lead others
(Rubery, 2017). The number of women employees have increased in the workplaces but this
needs to be more promoting in nature and the women leaders at to be e present in in the
workplace for strengthening policies to attain greater gender equality (Stoet & Geary, 2018).
In order to make the organisation more sustainable Commonwealth Bank aims to follow most of
the sustainable goals. Among all the goals achieving gender equality in the workplace is the most
difficult one because of the cultural and social norms where people tend to avoid understanding
the importance of having gender equality in the workplace and work under the women leaders
(see Appendix 2). This is quite different to be implemented very quickly in the organisation
especially operative in the financial sector in Australia and other parts of world (Cole, 2017). this
is due to the fact that there are certain policies and cultural norms in the organisation which may
not support the gender equality and ensuring that there will be no cases of sexual harassment to
the women employees. Now in the case of Commonwealth Bank, the issue of gender inequality
can be mitigated only if the organisation follows certain steps.
Rationale: why, what and how: