The Roles of Leadership in Corporate Greening for Sustainability

Running head: PRINCIPLES OF SUSTAINABILITY
The roles of Leadership that are relevant to Corporate greening in ensuring Corporate
sustainability
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2PRINCIPLES OF SUSTAINABILITY
Executive Summary
This present report deals with the strategic management in the context of BHP Billiton in order
to achieve the sustainability of the business. However, it is important for this organization to
develop an environmentally friendly business to enhance their growth. However, it has been
received that a sustainable business focuses on the environment, social and economic
sustainability. In the recent years, environmental sustainability is the major concern for every
business. It is important for the business to develop environmentally friendly product reduce the
impact of their business on the environment and society. On the other hand, communication with
the stakeholders will be helpful for this organization to enhance sustainability in their business.

3PRINCIPLES OF SUSTAINABILITY
Table of Contents
Introduction......................................................................................................................................4
1. Principles of sustainability in a global business environment and discussion of the issues
regarding the future sustainability of the corporate business environment.....................................4
2. Identification and compassion of the market and regulatory issues associated with the
sustainability at the local and global level along with the report of triple bottom line...................6
3. Analysis of the current position of BHP Billiton and development the sustainability strategy to
gain competitive advantages............................................................................................................7
4. Evaluation of the mandatory reporting, benefits of voluntary reporting and risk of external
reporting...........................................................................................................................................8
Conclusion.......................................................................................................................................9
References......................................................................................................................................10

4PRINCIPLES OF SUSTAINABILITY
Introduction
A business can achieve sustainability through proper strategic management. However,
green business or sustainable business has minimal effect on the environment, economy, society
and the community. Such business tries to meet the triple bottom line strategy (Galea, 2017).
However, sustainable business consists of human right policies and progressive environmental
policies. It is crucial for every business to maintain the environmental sustainability to gain the
competitive advantages. In order to make a business green, it is crucial for the every business
industry to serve the products, which are environmentally friendly. This study deals with the
development of the strategies in the context of BHP Billiton to make their business sustainable.
BHP Billiton is an Australian mining industry and it is the fourth largest organization in the
mining industry of Australia. However, adoption of the triple bottom line strategy will be
discussed in this study. On the other hand, principles of the sustainability and the market issues
regarding the sustainability will be analyzed in this section.
1. Principles of sustainability in a global business environment and discussion of the issues
regarding the future sustainability of the corporate business environment
Maintenance of the sustainability is crucial for every business to achieve the competitive
advantages in the global market. One of the major principles of the sustainability is a protection
of the human right (Robertson, 2017). It is important for any business to respect and support the
proclaimed human right and they should not abuse the human right. However, elimination of the
discrimination in respect of occupation and employment and reduction of child labor is another
major principle of the sustainability. On the other hand, business should take a precautionary
approach to meet the environmental challenges (Ragazzi & Ghidini, 2017). In the context of