CSR and Sustainability Reporting

CSR AND
SUSTAINABILITY
REPORTING

Introduction
Corporate social responsibility is the important
part of the company.
 It helps the companies for managing the
processes of the company for producing the
overall positive impacts on the society.
The business organizations continues to commit
for behaving ethically as well as contributing to
the economic development.
 It is done by improving quality of the
workforce’s life, their families and of local
community as well as society at the large.

Overview of Company
Harvey Norman is the leading Australian company
listed in the Australian Stock Exchange that is
headquartered in the New South Wales, Australia.
The company is engaged in the business
operations of multi-national drop shipping of
computers, bedding, furniture, communications as
well as consumer electrical products.
The company generally operates as the franchise
with the company’s main brand and all the
company’s operated stores are owned by the ASX
listed company Harvey Norman Holdings Limited
(Harveynorman.com.au. 2019).

Handling of Components of CSR
Reporting
Corporate social responsibility is the set of the
practices and policies of the organizations that helps
in interlinking the multiple stakeholders, which
includes communities and environment involved.
It is the commitment of the business towards the
sustainability as well as the sustainability in general.
However, there are certain components of CSR
reporting that must be included in every reporting
such as environmental preservation, human rights,
economic and organization growth, employee
security, community participation and promoting the
better health standards (Grayson and Hodges 2017).