Corporate Reporting Analysis: CORP/BUSS LAW1, Simple Hospitality Ltd

This report analyzes the corporate reporting practices of Simple Hospitality Ltd, an Australian hospitality goods manufacturer. It identifies unsustainable practices such as toxic gas emissions, improper waste disposal, water pollution, and excess heat generation. The report explores the benefits of environmental reporting, including providing a clear overview of company activities, addressing environmental concerns, and enhancing stakeholder retention and marketing. It also outlines associated costs, such as potential image damage, financial burdens, and production limitations. The report identifies key stakeholders, including company managers, environmental analysts, and executive officials, and suggests disseminating the report to the National Environmental Office. The conclusion emphasizes the importance of social and environmental reporting in minimizing environmental impacts and reducing unsustainable practices within the manufacturing sector. The report follows the assignment brief, providing an introduction, discussion, and conclusion with proper referencing.

CORP /BUSS LAW1
Corporate Reporting
By (Name)
Course
Instructor’s Name
Institutional Affiliation
The City and State
The Date

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Introduction
The purpose of this paper is to make an analysis of unsustainable practices that are done
in simple Hospitality limited in the manufacture of goods. In this case, unsustainable practices
refer to the challenges that are involved in integrating the social, environmental and economic
structure of the product life cycle. In most cases, unsustainable practices are common at the
operational and strategic level. In order to stop the unsustainable practices, the effective decision
should be made. Notably, most of the manufacturing companies tend to ignore unsustainable
practices as they view them as less important without considering in mind that their production is
not optimized as it creates various impacts on the environment. For the case of Simple,
Hospitality Limited faces various unsustainable practices and they include the following;
emission of toxic gases into the environment, poor disposal of food packing wastes, water
pollution, and excess heat generated within the area as a result of manufacturing plastic bags.
Therefore, these unsustainable practices can best be overcome by focusing on the mode of
operation or manufacturing goods (Kaya 2016).
Benefits related to social and environmental reporting
In most cases, environmental reporting is vital for any kind of business. Environmental
reporting is all about the environmental information together with the products manufactured.
The benefits of environmental reporting include the following; first, provides a fair description n
of the company activities and the various uncertainties and principal risks that it faces in its
operation. The annual environmental report must consist of the impact of the company on the
environment. Second, it helps the company to report any sort of environmental concern in the
area of operation. This helps the company to analyze its performance and position. Lastly,
stakeholder and marketing retention. Currently, most customers focus on the social and

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environmental impact of the business on the environment. By producing a report concerning the
environment, it can help in creating a market advantage by illustrating the awareness of the
business about its concern about the environment (Thorne, Mahoney & Manetti, 2014).
Costs related to social and environmental reporting
Despite the benefits of social and environmental reporting, it is also associated with
various costs as explained below; first, exposer of the company’s activities to the society. In this
case, reports expose the effects created by the company to the environment which destroys its
image in the society. Second, the practice is costly to conduct. Social and environment reporting
needs large sums of money to conduct as various surveys and studies need to be done. Third,
social and environmental reporting affects the company activities as some productions may be
closed in case they have a great impact on society. Lastly, it reflects the impacts created by the
company to the environment which may lead to its closer (Thorne, Mahoney &Manetti, 2014).
Stakeholders of social and environmental reporting
In most cases, different business stakeholders influence their social and environmental
reporting. The stakeholders involved include the following, the company managers, company
environmental and risk analysis, the company executive director and company top officials.
These shareholders play a bigger part in influencing the presentation of the report.
Social and environmental dissemination
The environmental and social report should be disseminated to the National
environmental office in that area. By disseminating the report to the National environmental
authority, it will indicate that the operations of the company are cleared known by the

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government. This will help the company to conduct its business without interruption (Sprinkle
and Maines,2010).
Conclusion
Environmental and social reporting are important for any kind of manufacturing company
as it helps to minimize its operational impacts on the environment. Also, it helps in reducing
various unsustainable practices involved in producing different products. Therefore, social and
environmental reporting should be taken to be so important.

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References
Kaya, I., 2016. The Mandatory Social and Environmental Reporting: Evidence from France,
Procedia-Social and Behavioral Sciences, Elsevier, 229, pp. 2016-23.
Idowu, S. O. and Towler, B.A., 2004. A comparative study of the contents of corporate social
responsibility reports of UK companies. Management of Environmental Quality: An
International Journal, 15(4) pp. 420-437.
Thorne, L., Mahoney, L.S., and Manetti, G, 2014. Motivations for issuing standalone CSR
reports a survey of Canadian firms. Accounting, Auditing & Accountability Journal, 27(4),
pp.686-714.
Sprinkle, G. B., and Maines, L, A., 2010.The benefits and costs of corporate social
responsibility.Business Horizons, Elsevier, 53(5), pp. 445-453.