Corporate Sustainability: Standards, Regulations, and Policies

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This report discusses Australian and international standards related to corporate sustainability, environmental regulations, and policies for organizational sustainability. It identifies internal and external sources of information and explains the elements needed for the development of sustainability policies and processes. The report also provides strategies to overcome barriers and implement policies and processes inside a company. It includes a sustainability policy template and an implementation plan.
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QUESTION AND ANSWER
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Table of Contents.
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
Question1: Briefly outlining three Australian and international standards related to corporate
sustainability................................................................................................................................3
Question 2: Explaining what is the environmental or sustainability legislation, code of practice
and regulations that is applicable to company.............................................................................3
Question 3: Identifying 2 internal and external sources of information......................................4
Question 4: Writing a brief explanation of elements needed for development of organizational
sustainability policies and process...............................................................................................4
Question 5: Explaining approach for each of the following challenges and barriers when
implementing policies and processes inside a company..............................................................5
TASK 2............................................................................................................................................6
2.1.1 Defining scope & objectives of sustainability policy.........................................................6
2.1.2 Developing a sustainability policy......................................................................................8
2.1.3 Policy implementation plan..............................................................................................10
2.1.4 Review..............................................................................................................................13
TASK 3..........................................................................................................................................14
3.1 Implement workplace sustainability policy.........................................................................14
3.2 Reviewing implementation of workplace sustainability policies and process.....................15
CONCLUSION..............................................................................................................................16
REFERENCES..............................................................................................................................17
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INTRODUCTION
Environmental sustainability refer to strategic responsibility that help a firm or venture to
conserve natural and essential resources as well as aid to protect international ecosystems to
support well-being of human. The current assignment will be based on XYZ Pty Ltd, which falls
under the category of professional education provider brands in the Australia. The report will
explain three international & Australian standards, environmental or sustainability regulations,
and 2 internal as well as external sources of information. It will also define the components
required for development of company sustainability policies and procedures, and methods to
overcome barriers. Furthermore, the report will justify scope, objectives and development of
sustainability policy and their implementation plan.
TASK 1
Question1: Briefly outlining three Australian and international standards related to corporate
sustainability
Global Reporting initiative (GRI)- this regulation may drive the attention of companies
towards considering number of frameworks .
AS 8003- this term is related to organizational code of conduct and may set out important
elements that enable a firm to establish, implement and manage effective sustainable practices
(Standards Catalogue, 2022).
ISO is another international standards that organizations may need to consider and take
into practical manner.
Question 2: Explaining what is the environmental or sustainability legislation, code of practice
and regulations that is applicable to company
Environmental or sustainability legislation,
regulations and code of practice
Brief description
Environment protection and Biodiversity
conservation Act 1999
This law refer to essential elements of
environmental legislation in the Australia, as
them aim of this regulation is to conserve and
prevent environment from varied factors
(Standards Catalogue, 2022). It is essential for
Aldi to consider and implement each business
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practices accordingly.
Contaminated land management Act 1997 This regulation may drive the attention of
supermarket to establish key procedure for
environmental protection agency to determine,
research and remediate land that is recognized
to be contaminated essentially enough to
necessary legislation (Environmental law and
practice in Australia: overview, 2022).
Environmental Protection Act 1994 This code of practice encompasses duties and
obligation that enable a company to prevent
environmental harm, contamination and
nuisances.
Question 3: Identifying 2 internal and external sources of information
Sources of information-
Internal- Memos, and manuals
External- Trade associations and commercial services
Application of policy development-
Whether it is internal or external, both sources can be utilized to develop a sustainable
policy as through these modes, organization can collect useful and essential information and
determine the expectations of stakeholders.
Question 4: Writing a brief explanation of elements needed for development of organizational
sustainability policies and process
Element Explanation
Agreed outcomes of the
policy and procedures
This element is essential and helpful in the context of
sustainability process and policy formation. As it may aid
management to proceed further with agreed result and follow
the strategic direction.
Policy time frames and
costs
It may also help to develop organizational sustainability process
and policy in term of considering time duration. As a policy is
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form with appropriate costs and time line that management may
follow.
Performance indicators
This element provides a lot of benefits of chosen supermarket in
term of indicating areas for further development such as
sustainability policy formation or improvement. It defines the
extent to which organization needs a policy and process related
to sustainability term.
Activities to be undertaken Strategies activities play significant role in the context of policy
formation and development as it may aid to achieve set aim and
objective that management tend to reach.
Assigned responsibilities
It is essential for administration to assign key accountabilities to
employees appropriately and accordingly to their skill, because
they aid to develop and implement sustainability policy as well
as process.
Record keeping, review
and improvement
processes
All these terms are essential for purpose of developing
organizational sustainability process and policy as record
keeping, improvement procedure and review provide expect
outcomes.
Common sustainability
issues with organisational
systems and procedures
While developing sustainable policy and other procedure,
organization may consider common issues related to
sustainability. It may give them chance to make better rule and
process.
Question 5: Explaining approach for each of the following challenges and barriers when
implementing policies and processes inside a company.
Challenge Response
An employee does not
believe the new policy will
be a benefit to the
workplace. They believe
the current process is
working well.
In regard to this challenge, management may take strategic
action in term of conducting a group meeting, where they may
take approach to make important discussion about new policy
and share their key benefits in term of generating awareness
about the same thing. In term of this action, they may gain trust
of individual candidate and allow them to accept the new
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organizational sustainability policy.
Employees avoid using the
new policy as they found it
too complicated.
In the context of this challenge, administration may take
initiative to provide strategic direction about working with and
according to new policy, which make complicated process
easier for employees to implement in practical manner. By
conducting this process, or action they may allow each
candidate to focus on new policy instead of avoiding the same
thing.
Lack of resource
allocation by management
caused issues in updating
most of the policies and
procedures.
Utilization of appropriate management and leadership style is
the best solution that management consider for purpose of
solving lack of resource allocation issue. They may take
approach to develop a plan in which name of each resource and
person, who may utilize that might be mention clearly.
TASK 2
2.1.1 Defining scope & objectives of sustainability policy
A- Determine what regulation and legislation requirement would apply to workplace
sustainability policy for XYZ Pty Ltd trading
Equality Act 2010 is applicable in the context of workplace sustainability policy, because it
may aid management to overcome the specific operational issue such as lack of cultural
sensibility of trainers (Guo & et.al., 2021). It may provide them strategic direction about
conducting ethical practices.
B- Sustainability best practices models
Develop sustainability work policies that help company to conduct the best and most effective
workplace sustainability practice that provide a lot of benefits to XYX Ltd in term of increasing
operational effectiveness and efficiency. It may contribute solve certain operational issues that
management has been facing.
C- Developing three options for directions and concentrate on policy-options
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Basis Power saving Waste
management
Employees well-
being program
Effectiveness This option is quite
effective, because it
aids to develop a
policy such as
workplace
sustainability. The
extent of this
option is high.
Lack of waste
management policy
is the biggest issue
that XYZ Pty Ltd
faced. By using and
development waste
management tactic,
firm may take
pleasure of
managing resources
and eliminating
unnecessary
expenses related to
that.
This option in the
context of
sustainability policy
related to workplace
is effective in
excellent manner. As
it may provide
management desire
outcomes in term of
fulfilling employees
needs.
Time frame 12 months 1 year and 2
months
Approx 3 months
Sustainability as a value
add for the business
For purpose of
adding
sustainability in
this option,
organization may
take approach to
use advanced
technologies that
aid to save energy.
They may utilize
sustainable
resource such as
recyclable and
develop list of
essential resources.
Sustainability play
significant role in the
context of business
success as it may
drive the attention of
company and its
management toward
conducting
sustainable as ethical
practices.
Cost of implementing
the option
Approx $ 20000. $ 25000 $ 32000.
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D- Scheduling a time with trainer & assessor
Template 2 – Briefing session overview
Outcome of assessment -
recommended option
By using and considering above recommended options,
management may take pleasure of managing waste and
boost employees morale, who tend to become an
essential part of well-being program. Suggestion option
may also help to make XYX firm sustainable and drive
its attention toward conducting sustainable practices.
Typical barriers to sustainability
policy implementation and
possible strategies to address
barriers
Lack of coordination, collaboration and strategic
planning, are the key barriers that unable management to
implement sustainable policy and possible tactic to
address challenges.
How cost for implementing
sustainability could be reduced
and value added to the company
The cost for implementing sustainability can be
eliminated when management may only focus on and
develop list of essential resources that in turn add more
value to XYZ Pty Ltd.
Policy development process This procedure encompasses different types of stages;
Stage 1- This phase refers to action and key practice for
which management is accountable, it may drive their
attention toward determining issues, because of that a
policy is form.
Stage 2- After issue identification, management may
take approach to move to next phase, where they may
propose policy and add valuable terms into that.
Stage 3- Placement on agenda refer to process of placing
motive as policy.
Stage 4- then they move to last second phase where a
specific policy is formulated and then implement.
Stage 5- The last phase drive their attention toward
policy evaluation in term of considering benefits and
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their drawbacks.
2.1.2 Developing a sustainability policy
Template 3 – Sustainability Policy
Policy contributors HR management, High authority and operational management
Legislation Waste management Act 2016
Source/References Australian laws and regulations
Policy owner Organization
Policy scope
The aim of this waste management policy is to eliminate waste and issue that occur due to this
term.
Policy goals and objectives
To manage waste up to 50% within 1 year
To increase sustainability in the company by 50% within 2 years.
To maximize performance and productivity by 60% within 2 years.
Strategies to achieve
goals
Outline 3
The best tactics to achieve above objectives is legislation terms and
conditions implementation. Furthermore, organization may conduct
practice to develop a plan that help to manage waste and enhance
organization productiveness.
Employees
Responsibilities
List 4-7
Employees are accountable to coordinate with each other
appropriately.
Candidates are responsible to conduct sustainable practices.
They are also accountable to follow the policy and work
according to management directions as well as suggestions.
They may take initiatives to communicate and contribute to
make policy implementation effective.
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Strategies for:
Minimising use
of resources
Reduce toxic
material and
hazardous
chemical
The best strategy to minimize utilize of resources is resource
allocation plan that help to guide how employees use each
resource and in which manner.
Another tactic in the context of second issue is to avoid
fragrance and keep harmful chemicals out of the workplace.
Evaluation methods The best way to evaluate policy implementation success is
determination of extent to which waste is managed in the
workplace.
Another method is to determine success of new policy is
employee engagement.
Profitability gap identification is the best KPIs tool that help
to measure success of waste management policy
implementation in the work area.
ROA is an appropriate example of key performance
indicator that help to conduct similar activity in effective
manner such as success measurement.
Gross margin is also used to measure waste management
policy success and its effectiveness.
Methods of
continuous review
and improvement
Group or face to face communication is the best approach that
allow management to take pleasure of continuous review.
Furthermore, they may take approach to use training and
development methods to improve or make improvement in the
context of current employees as well as organizational policy.
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2.1.3 Policy implementation plan
Template 4- Implementation plan
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Objectives To reduce wast in the workplace, for which employee engagement
and operational success as key KPIs may utilize.
To increase organizational performance, for that ROT and Gross
margin may use to measure success.
To gain competitive advantages. ROA and customer retention KPI
tools might be used.
Procedures Issue identification
Strategy formulation
Discussion
Data collection
Communications
Testing
Implementation
Evaluation
Communication Face to face communication is the best tactic that management may
conduct via using video calls, in case when employees may do not exist in
the workplace. This tactic may aid to implement sustainability process in
term of providing strategic direction to each candidate, which is quite
essential and beneficial for management to provide.
Continuous
improvement
strategies
Training and development as well as strategic direction play vital role in
term of improving current activities and actions.
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Objectives To reduce wast in the workplace, for which employee engagement
and operational success as key KPIs may utilize.
To increase organizational performance, for that ROT and Gross
margin may use to measure success.
To gain competitive advantages. ROA and customer retention KPI
tools might be used.
Monitoring
system
Employees engagement measurement is the best strategy that aid
to monitor implementation of policy and need for continuous
improvement.
Extent to which management succeed in policy implementation
and obtain desire outcomes via this process.
Information collection after new policy may implement and
improvement might be done.
Continuous
improvement
tracker
Tracking approaches Success criteria Evaluation
Spoilage reduction By analysing aim
achievement.
It provides a lot of
benefits to
organization.
Improvement in
current practices
By measuring
improvement level.
It may aid to increase
organizational
productivity and
performance level.
Action Required Resource Allocation
Budget, physical and
human resources
Timeline Responsible Person
Effective coordination Strategic direction,
communication tools and
leaders.
2 months Leaders and
management
Better strategy development Effective plans and
managers
1 month Manager and leaders
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Action Required Resource Allocation
Budget, physical and
human resources
Timeline Responsible Person
Effective leadership
utilization
Leaders 1 month Leaders
Team formation Strategies and plans,
market research,
recruitment and selection.
Amount need 25000.
1 month HRM
Review Leaders, communication
tools, etc.
Amount require approx
2000
3 weeks Manager and leader
2.1.4 Review
Template 5- Peer review
Name of the student who
provided assistance with the peer
review:
xxxx
Summary of feedback, address
all the points below:
o Structure
o Content
o Outcomes
o Strategies to minimise
resource use and reduce toxic
and hazardous chemical
o Implementation methods
o Performance indicators
o Practicality
(50-100 words)
The structure of waste management policy is appropriate,
but still certain additional element may need to improve
and add into that. The content is appropriate and
outcomes affect management practices. The strategies
that may take into consideration for purpose of waste
management help to reach desire outcomes, which is
quite essential for management to do so. Top and bottom
up approaches used to implement policy and KPIs for
performance indicators.
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Name of the student who
provided assistance with the peer
review:
xxxx
List of agreed on changes: Some terms and policy implementation changes are
needed.
TASK 3
3.1 Implement workplace sustainability policy
A-Social media post
Tagline: Waste management within the workplace
With collaborative efforts and teamwork the workplace waste would be disposed ion best of
manner across various organisational department.
B- Power point ( covered in PPT)
C- Email
Email to Template
To: senior manager
Cc:
Bcc:
Subject: email regarding implementation of waste management strategy
Date email is sent:24/02/2022
Attachments:
Hello sir,
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Hope you are doing well. This email is regarding the waste manager policy that I have
discussed earlier to you. Moreover, I have to bring to your notice that this policy has be
implemented in our company earlier before this week. Further, there were certain barriers that
were identified such as employee resistance to this policy, lack of coordination and teamwork
etc. Moreover, suggestions to mitigate risk identified would be to clearly defining the
objectives of policy, maintaining transparency in work and much more. Also, partnering with
external agency that would ease this policy achievement and would make various resources
available to the company had also been identified. Hearing back from you soon
Thank You
3.2 Reviewing implementation of workplace sustainability policies and process
A-
Report Contextualization
New employees are encouraged to read the
policy but there is no follow up to assess
their understanding of the policy.
Leaders may provide direction to them.
One of the policy evaluation methods is
not working.
Employees engagement
One of the policy goals has not been
achieved.
To eliminate waste.
One of the KPIs associated to objectives of
the implementation plan has not been
achieved.
ROI, Gross profits, etc.
The FB post developed in Task 3.1 was
very successful. Employees respond well
to the use of the FB page.
NA
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Report Contextualization
On the other hand, employees seldomly
use intranet.
You achieved 30% improvement in
resource efficiency against a 40 % target.
NA
The implementation costs are 10% over
budget due to errors in cost estimation.
30%
The employee/s in charge of monitoring
the implementation of the policy lack
quality management knowledge and few
errors have been found in their reports.
NA
B-
From the above feedback report it has been find out that there is growing trend of the waste
management as people are damaging the environment through not using the resources in proper
manner Das and et.al., (2019). Also, the outcome of this report had been positive as various
changes have led to sustainability in business working. Moreover, the impact of findings of this
report was that business had been using more innovative technologies and training methods so
that all the new employees that are joining the organization are fully aware about the policy and
its benefits in the future Nzediegwu & Chang, (2020). Furthermore, certain recommended
actions that would be provided to the company is that proper communication channels need to
be established so that there is clarity in the activities that need to be conducted at thew
workplace Yousefloo & Babazadeh, (2020). Also, it is suggested that planned policy need to be
implemented in correct manner at all the levels of the workplace so that proper success might be
gained Zorpas, (2020).. Lastly, certain suggestion in changes in policy is that technology need
to be updated the workplace so that innovative technologies would make the plan a great
success. Also, it is to be suggested to the quoted firm that more training sessions need to be
conducted on regular basis Dubey and et.al, (2020).
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CONCLUSION
From above study, it has been concluded that waste management strategy or policy
enabled organization to build its sustainable brand image in the market. By conducting this
practice and other along with current one, firm has gained a lot of benefits in term of saving costs
and eliminate unnecessary utilization of resources.
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REFERENCES
Book and Journals
Das, S. and et.al.. (2019). Solid waste management: Scope and the challenge of
sustainability. Journal of cleaner production. 228. 658-678.
Dickson, T., & Woolaston, K. (2021). The Balance of Environmental Protection and Economic
Development in Federal Decision-making: An Investigation into Section 74A of the
Environment Protection and Biodiversity Conservation Act 1999 (Cth). Environmental
and Planning Law Journal. 38(1). 22-39.
Dubey, S. and et.al. (2020). Household waste management system using IoT and machine
learning. Procedia Computer Science. 167. 1950-1959.
Guo, W & et.al., (2021). Solid waste management in China: Policy and driving factors in 2004–
2019. Resources, Conservation and Recycling. 173. p.105727.
Nzediegwu, C., & Chang, S. X. (2020). Improper solid waste management increases potential for
COVID-19 spread in developing countries. Resources, conservation, and recycling.
161. 104947.
Oyedotun, T. D. T and et.al., (2021). Evaluation of waste dynamics at the local level: The search
for a new paradigm in national waste management. Environmental Challenges. 4.
100130.
Yousefloo, A., & Babazadeh, R. (2020). Designing an integrated municipal solid waste
management network: A case study. Journal of cleaner production. 244. 118824.
Zorpas, A. A. (2020). Strategy development in the framework of waste management. Science of
the total environment. 716. 137088.
Online
Environmental law and practice in Australia: overview. 2022. [Online]. Available Through:
<https://uk.practicallaw.thomsonreuters.com/1-502-8908?
transitionType=Default&contextData=(sc.Default)&firstPage=true>
Environmental Law: Understanding our Laws and Regulations. 2022. [Online]. Available
Through: <https://onlinellm.usc.edu/environmental-law-understanding-our-laws-and-
regulations/>
Standards Catalogue. 2022. [Online]. Available Through:
<https://www.standards.org.au/standards-catalogue/sa-snz/publicsafety/ev-021>
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