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CSR and Sustainability Reporting

   

Added on  2022-11-29

11 Pages2746 Words345 Views
Running Head: CSR AND SUSTAINABILITY REPORTING
CSR AND SUSTAINABILITY REPORTING
Name of the Student
Name of the University
Author Note
CSR and Sustainability Reporting_1
CSR AND SUSTAINABILITY REPORTING1
Executive Summary
The aim of this assignment is to do the analysis on the CSR and the sustainability reporting of
the Harvey Norman. It is the organization that is the Australian company that is engaged in
the business of retail, fertilizers, coal mining and the industrial and the safety products. Under
this report, discussion will be done on the components of the corporate social responsibility
reporting, motivations of CSR reporting of the company by using the legitimacy, stakeholders
and the institutional theory and evaluation of the components of CSR of the company that
impacts the local community. Therefore, it can be said that at the Harvey Norman, the
company believes in creation of the long-term value by playing the positive role towards the
communities it serves and it aims at achieving the satisfactory return to the shareholders by
CSR reporting.
CSR and Sustainability Reporting_2
CSR AND SUSTAINABILITY REPORTING2
Table of Contents
Introduction................................................................................................................................3
Overview of the Company.....................................................................................................3
Discussion..................................................................................................................................3
Handling of Components of CSR Reporting.........................................................................3
Motivations of CSR Reporting...............................................................................................5
Impact on the Local Community............................................................................................7
Conclusion..................................................................................................................................8
Reference....................................................................................................................................9
CSR and Sustainability Reporting_3
CSR AND SUSTAINABILITY REPORTING3
Introduction
Corporate social responsibility is the important part of the company as 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 with improving the quality of
workforce’s life, their families and of local community as well as society at the large. Hence,
under this report discussion will be done on handling components of the corporate social
responsibility in Harvey Norman. Moreover, the analysis will be done on the motivations of
the company in the area by using the stakeholders, legitimacy and institutions theory. Lastly,
the evaluation will be done on the impact on the local community by the social reporting and
the environmental reporting (csrhub.com. 2019).
Overview of the Company
Harvey Norman is the leading Australian company listed in the Australian Stock
Exchange that is headquartered in the New South Wales, Australia. This 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).
Discussion
Handling of Components of CSR Reporting
Corporate social responsibility is refereed as the set of the practices and policies of the
organizations that helps in the interlinking of the multiple stakeholders, which includes
communities and environment involved. It is the commitment of the business towards the
CSR and Sustainability Reporting_4

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