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Business V alue in Caltex Australia and Sustainability Efforts

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Added on  2019-10-30

Business V alue in Caltex Australia and Sustainability Efforts

   Added on 2019-10-30

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Business Value and Sustainability Efforts of Caltex Australia 1BUSINESS VALUE AND SUSTAINABILITY EFFORTS OF CALTEX AUSTRALIAStudent’s Name:CourseProfessor’s NameInstitutionLocation of InstitutionDate
Business V alue in Caltex Australia and Sustainability Efforts_1
Business Value and Sustainability Efforts of Caltex Australia 2Part B Question 5Business Value in Caltex Australia and Sustainability EffortsIntroductionFrom Caltex Company’s sustainability report of 2015 and 2016, the organization was able to achieve a greater value compared to the previous years due to adoption of efficient strategies. In this, the company was able to realize the benefits and satisfaction of the employee, support to the community and much more, expansion of the market segment and consumer satisfaction. Sustainability efforts and value they have shownEnhancing capabilities and competitiveness is one of the efforts that the company has put in place to ensure that the company is in a position to compete with the companies in and outside Australia that offers the same product and service. This effort has also led the company to establish a Caltex Academy where skills are modelled and talents appraised for the development of business and commerce acumen for all non-commercial leaders, strategy and leadership thus, monetary and soft business value. According to the report of 2015 and 2016, the endeavour has been able to revolutionize performance in Caltex industries due to a very high skilled workforce and skilful leadership. According to the CEO, Caltex Company reviews, the company has able to realize a monetary value increase of approximately 13% within a period of 1.5 months. This is a high positive deviation of the monetary value deviation for the company (Standen, 2017, p.252).Diversity and inclusion is another sustainability effort that has been put by Caltex Petroleum company. The current report shows that the company has received Employer of Choice for Gender Equality (EOCGE) citation from the Workplace Gender Equality Agency (WGEA) for the second consecutive year. This is an identity for a ‘soft’ business value as it has considered the diversification policy and implemented it for the success of its future.
Business V alue in Caltex Australia and Sustainability Efforts_2

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