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Corporate Reporting

   

Added on  2023-03-31

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Running head: CORPORATE REPORTING
Corporate Reporting
Name of the Student:
Name of the University:
Author’s Note
Corporate Reporting_1

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CORPORATE REPORTING
Table of Contents
Key Initiatives of Corporate Social Responsibility.........................................................................2
Implemented Initiatives of the Company........................................................................................3
Importance and Benefits of CSR in a Business...............................................................................3
References:......................................................................................................................................6
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CORPORATE REPORTING
Key Initiatives of Corporate Social Responsibility
AGL Energy Limited is the Australian listed company which deals with the generation
and retailing of electricity and gas which is used for both residential and also for commercial use.
The company involves in the development of the power stations which uses thermal power,
natural gas, wind power, hydroelectricity, solar energy, and gas storage and coal steam gas. It
holds more than a 3 million customers around Australia. The company involved in the
sustainability for a long term which including the valuing of the stakeholders, employees,
customers, valuing the investors of the company and also the working environment in the
company1. The company in this year has gone for a plan to free the environment of the country
by removing the carbon from the world. The company has dreamt of carbon constrained world.
The company has taken some considerable steps for the succession of this plan2. The company
has implemented new principles for the development of the sustainability. The principles involve
application of AA1000, which looks after the management of the sustainability and also
reporting about the sustainability performance of the company3. The company has also take
considerable number of steps regarding the reduction of the greenhouse gas.
Implemented Initiatives of the Company
Social responsibility is to be recognized as the part of the company’s business model
which will attract the good publicity of the company, help to attract and also retain the new
talents from the market. It also helps the company’s relationship with the customers and their
1 Illia, Laura, et al. "Exploring corporations’ dialogue about CSR in the digital era." Journal of Business Ethics 146.1
(2017): 39-58.
2 Chang, Dong-Shang, et al. "Identifying strategic factors of the implantation CSR in the airline industry: The case
of Asia-Pacific airlines." Sustainability 7.6 (2015): 7762-7783.
3 Tang-Lee, Diane. "Corporate social responsibility (CSR) and public engagement for a Chinese state-backed mining
project in Myanmar–Challenges and prospects." Resources Policy 47 (2016): 28-37.
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