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Sustainability Reports of Tata Steel and Commonwealth Bank of Australia

   

Added on  2023-01-19

13 Pages2850 Words44 Views
Running head: ENVIRONMENAL SUSTAINABILITY
ENVIRONMENAL SUSTAINABILITY
Name of the Student
Name of the Organization
Author Note

1ENVIRONMENAL SUSTAINABILITY
Introduction
Tata Steel and Manufacturing Company
The Tata Steel and Company was established in Jamshedpur in the year 1907. The
company is known for taking the shape of the vision of Jamsetji N.Tata, the company is
presently a global business enterprise which has its products diversified in over more than 150
countries. Tata Steel and company is world’s second most geographically diversified steel
producer, which operates in more than 30 countries, commercially present in more than 50
countries, and it has its employees present across the five continents. Tata Steel is among the top
global steel companies, which has the annual record of crude steel productivity capacity of 27.5
MnTPA. It holds the record of a consolidated turnover of $1, 171, 420 dollars in the financial
year 2018.
The sustainability report aims to ensure the few areas of excellence, which are the
environmental excellence where the company is omitted to proactively address the issues, which
are related to the climate change with the most efficient use of the natural resources available.
The company is also dedicated in providing a healthcare community where the company ensures
in building and nurturing a safe and healthier environment for all its stakeholders and permanent
members of the organization. Health and safety measures which ensures the health and safety of
the employees at all the levels of workplace. Sustainable and responsible mining is fundamental
to their ethos. The company also invests in its innovations which consistently enhances its
efficiencies, improves its qualities and thereby achieves a better performance benchmarks in its

2ENVIRONMENAL SUSTAINABILITY
areas of development.
Fig 1.Diagram represents the sustainability measures taken by Tata Steel
(Source - Self made)

3ENVIRONMENAL SUSTAINABILITY
Task 1
Commonwealth Bank of Australia
The Commonwealth bank of Australia was established in the year 1911 as a bank for the
Australians. The bank has been providing various types of financial services for the people in
Australia. The bank is also known for employing, creating business in communities all across the
country. In the present day the bank has grown to a a leader in the financial institution, which has
the aim to provide retail, business, private and institutional banking and different types of wealth
management services to the citizens of the nation. It also provides its banking services to 11
countries all around the world. The vision of the bank is to excel at securing as well as enhancing
the financial wellbeing of the people, communities and business enterprises. The bank has
achieved the values of integrity, collaboration with other business enterprises, accountability and
services guides the company in achieving the company aims and goals. The bank is known to
offer insurance, superannuation, share trading funds and fund management to more than 16.6
millions of customers both in Australia and across the world (Yadava & Sinha, 2016).
The sustainability report aims in providing financial education by the bank to more than
500 schools with 568,000 students over the financial year of 2018. The bank is known as the
largest financial educator in the world. The educator program has reached a program of 568,000
students I the previous year. It has connected more than 3 million students since its inception. It

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