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Comparing Business Ethics and Corporate Social Responsibility of ONGC & AGL

   

Added on  2023-01-10

14 Pages3324 Words25 Views
Running head: BUSINESS SOCIETY AND PLANET
Business society and planet
Name of the student:
Name of the university:
Author note:
Comparing Business Ethics and Corporate Social Responsibility of ONGC & AGL_1
BUSINESS SOCIETY AND PLANET1
Executive summary
The main aim of the paper is to compare the ethical concern of the two
companies”ONGC & AGL”. The paper will focus on the business ethics followed by both the
companies. It will discuss on the values and approaches to sustainability. It will focus on the
corporate social responsibility imposed by the companies that deals with same type of
products in two different countries. The paper will identify the values and social
responsibility that reports to their sustainability development. Lastly the paper concluded on
finding the social report and comparing the companies in accordance to that.
Comparing Business Ethics and Corporate Social Responsibility of ONGC & AGL_2
BUSINESS SOCIETY AND PLANET2
Table of Contents
Introduction................................................................................................................................3
Overview of the company......................................................................................................3
Discussion..................................................................................................................................3
ONGC & AGL.......................................................................................................................3
Business ethics in “ONGC & AGL”......................................................................................4
Values and sustainability of “ONGC & AGL”......................................................................5
Corporate social responsibility of “ONGC & AGL”.............................................................6
Social reports of “ONGC & AGL”........................................................................................7
Comparing “ONGC & AGL”.................................................................................................7
Conclusion..................................................................................................................................7
References..................................................................................................................................8
Comparing Business Ethics and Corporate Social Responsibility of ONGC & AGL_3
BUSINESS SOCIETY AND PLANET3
Introduction
The aim of this report is to compare two companies “ONGC & AGL” on the basis of
their values and responsibilities. The following paragraphs of the paper will discuss on the
detailed overview of both the companies and will compare the similarities and dissimilarities
of values and sustainability of both the companies. This report will focus on the business
ethics and will analyse and compare the values and approaches to sustainability and CSR
reporting of both the companies. Additionally, it will identify the sustainability for which the
company is suitable and the social report which reflects the values for the companies.
Overview of the company
The companies “ONGC & AGL” have a different background and operates for
different product services. ONGC is a multinational oil and Natural Gas Corporation operates
worldwide to serve the products like petroleum, natural gas and other petrochemicals. It is an
Indian multinational company founded on 14th August 1956 under the administrative control
of the ministry of petroleum and natural gas. AGL stands for Australian gas light. It is an
Australian company which involves the activities of both generation and retailing of gas and
electricity for commercial and residential use. The company produces the products like
energy, natural gas, wind power, hydroelectricity and coal seam gas. The company was
founded in 1837 in Sydney.
Discussion
ONGC & AGL
The companies “ONGC & AGL” produces natural gases, power and electricity. The
companies are located in two different countries India and Australia. ONGC is a
multinational Indian company deals with oil and natural gas (Singh, 2014). It is operated
Comparing Business Ethics and Corporate Social Responsibility of ONGC & AGL_4

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