Business, Society and the Planet

Running Head: BUSINESS, SOCIETY AND THE PLANET
Business, society and the planet
Student’s Name
University Name
Author’s Note

2
BUSINESS, SOCIETY AND THE PLANET
Table of Contents
1. Company background of AGL energy and Newcrest Industries.................................................3
1.2 company background of Newcrest mines..............................................................................3
2. Difference in the range of social issues of the 2 companies........................................................4
3. Choice of Sustainability Development Goals of the two companies..........................................6
4. Sustainability stage analysis........................................................................................................9
5. Stated values of the social reports.............................................................................................10
6. Brief reflection on discussion with the companies....................................................................11
Reference List................................................................................................................................12

3
BUSINESS, SOCIETY AND THE PLANET
1. Company background of AGL energy and Newcrest Industries
AGL Energy Limited is one of the listed Australian companies. The main operations of the
company include production as well as retail of electricity as well as gas for commercial use
and for the residential use also. The headquarters of the company is located in North Sydney.
The annual revenue collection of the company is AUD $12.85 billion (Coltman et al. 2018). .
The revenue to net profit ratio is 1.02. The total employee strength of the organisation is
more than 3500. The power stations from which AGL energy develop their products, works
under thermal energy, hydroelectricity, natural gas, commercial energy, wind power, as well
as sources like coal steam gas. As per the annual report of the organisation, the number of
customers of AGL energy in the region included in New South Wales, Victoria, Australia as
well as Queensland, have been more than 3.6 million (Nelson et al. 2019). This list includes
residential as well as the business owner customers. Designation has entered the market of
Western Australia in the year 2017.
The portfolio of power generation of AGL industries is diverse and includes base, peak as
well as intermediate generation plants spreading across traditional generation of thermal
power as also the Renewable Sources including hydropower as well as wind.
1.2 company background of Newcrest mines
Newcrest mines is an Australian owned company whose primary activities include
exploration, mining, development as well as sale of gold as well as gold-copper concentrate.
It is one of the leading mining Corporation of Australia. However, as per Mitchell and
Mitchell (2017), the operations of Newcrest are spread outside Australia in many important

4
BUSINESS, SOCIETY AND THE PLANET
countries, for example Indonesia. The headquarters of the company is situated in Melbourne,
Australia. Average production output for the company has been 1631000 ounces of gold.
The main gold and copper production site the company is located in Ridgeway, the second
most important site is situated in the Pilbara region and the name of the site is Telfer mine.
There are two other mines in Papua New Guinea, Lihir as well as the Hidden Valley.
In the year 2010, the company declared their merger with Lihir gold. This business venture
made the joint company, the fifth largest producer of gold in the world. The combined output
of the organisation has been 3.2 million ounces of gold in the year 2014 (Thornton, 2018). In
the year 2010, a business dealworth 9.45 billion Australian dollars have been done between
the two companies. Under this deal, Newcrest is supposed to give Lihir Mines 0.12 shares of
Newcrest.
2. Difference in the range of social issues of the 2 companies
The social report of AGL energy importance about major achievements of the organisation in
regard to the primary societal needs in the last 5 years. In the first place the company discuss
their achievement of the launch of the powering Australian renewables fund. This is an
innovative initiating which will generate large scale investment for renewable energy
generation in the country (Myatt, 2016).
The most important aspect of the social report of AGL energy is that in spite of being a
regional company, AGL energy has invested for social causes which are not linked with the
impact of their operations or within their industry. It is evident that domestic violence is a
major concern in Australia. As reported by Crossley, P. (2018), for the last 3 years the