Critical Assessment of Sustainability Practices of Rio Tinto Limited | Desklib

Running Head: FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Name of the Student
Name of the University
Author Note

1FINANCIAL ACCOUNTING
Table of Contents
Introduction................................................................................................................................2
Discussion..................................................................................................................................2
Part A.....................................................................................................................................2
Critical Assessment of Research Paper 1...........................................................................2
Critical Assessment of Research Paper 2...........................................................................3
Critical Assessment of Research Paper 3...........................................................................3
Critical Assessment of Research Paper 4...........................................................................4
Critical Assessment of Research Paper 5...........................................................................4
Critical Assessment of Research Paper 6...........................................................................5
Part B......................................................................................................................................5
Sustainability of Rio Tinto.................................................................................................5
Conclusion..................................................................................................................................8
Reference....................................................................................................................................9

2FINANCIAL ACCOUNTING
Introduction
Sustainability is the business approach for creating the long-term value with the help
of taking into considerations the operations of the organization in social, economical as well
as ecological environment. The practices of the sustainability are built on approach of
developing the strategies for fostering the longevity of the company. If the expectations on
the corporate responsibility increases as well as when the transparency becomes much more
prevalent then in that case the companies recognizes the need for acting on the sustainability.
In current scenario of the business, professional communications as well as having good
intentions are not enough (Boiral, Heras-Saizarbitoria & Brotherton, 2019). Hence in this
particular assignment, critical assessment will be done on the six research paper. Moreover,
discussion will be on sustainability practices of Rio Tinto Limited.
Discussion
Part A
Critical Assessment of Research Paper 1
The author Erica Schoenberger has stated that technological advancement has resulted
into promising for considerable improvements in the management of the mine waste. As per
author, the problem related to storage of tailings that is facilitated at any particular mine is
considered to be challenging aspect. The problems in relation to tailing storge are facilitated
in the environment of social as well as political. If people would learn more engineering then
social scientist ability and the analysts of policy to focus light on the complex issues of the
environmental and social surroundings of mining would be enhanced. All these issues give
the organization with something concrete to offer, in case someone is talking about the social
sciences under which, the organization is operating (Schoenberger, 2016).

3FINANCIAL ACCOUNTING
Critical Assessment of Research Paper 2
The authors Criag along with Michaela & John has examined the BHP Ltd.
environmental and social disclosures in response to specific expectations, which generally
changes across time. The research done by the authors has disclosed that managers have to
make disclosure of the information for the legitimacy of their company within society. There
exists linkage in between legitimizing the disclosures and survival of the disclosures. In
jurisdictions of Australia, limited organizations are required to provide environmental as well
as social information, the management of the organization in this respect, appears to provide
information in case when they are being coerced to do so. Therefore, levels of higher
disclosures occur when community concerns are aroused or when alternative particular
regulations are being introduced to eliminate management’s disclosures discretions.
However, in case of successful activities of corporate legitimization, there are low public
pressures of government to introduce disclosures legislations and control of social and
environmental reporting practices would be retained by the managers (Deegan, Rankin &
Tobin, 2002).
Critical Assessment of Research Paper 3
The authors Northey, Haque & Mudd has stated that there exists opportunities for the
organizations for the improvement of their standards of the reporting that can be done with
the help of clearly specifying type of the energy pertained for consumption by onsite-process
of the individuals. It is necessary to gain more insights of the industry. As per authors,
reporting quality of the CHG emissions could be improved with the help of stating the factor
of the emission and the boundaries of the analysis used. The author has also emphasized on
the long-term consistency in reporting is essential for evaluations of the industry accurately
as well as assessment of the key trends as well as relationships. Approx. fifty percent of
organizations in mining sector of listed companies of the Australian Stock Exchanges have