Corporate Sustainability: Standards, Regulations, and Policies

QUESTION AND ANSWER

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

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

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