Foundation in Accounting: Evaluating Sustainable Strategy with Rio Tinto's Sustainability Report

Running head: FOUNDATION IN ACCOUNTING
Foundation in Accounting
Name of the Student:
Name of the University:
Authors Note:

FOUNDATION IN ACCOUNTING
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Table of Contents
Introduction:...............................................................................................................................2
Indicating about the need for sustainable strategy by business:................................................2
Evaluating the sustainability report of Rio Tinto for understanding the significance of
Sustainable strategy:...................................................................................................................5
Conclusion:................................................................................................................................8
Reference and Bibliography:......................................................................................................9

FOUNDATION IN ACCOUNTING
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Introduction:
The overall assessment aims in identifying the significance of sustainability strategy,
which would allow organisations to obtain adequate performance, while maintaining
environmental, social and governance factors. The main hurdle that is presented to
organisation now days is to follow the sustainability measures that are imposed by regulators
while maintaining steady flow income from operations. The assessment directly evaluates the
theoretical knowledge and imperial resources that has been conducted on the sustainability
approach, which needs to be maintained by organisation. Further evaluation on annual report
of Rio Tinto for the fiscal year of 2015 and 2018 is satisfactorily conducted for identifying
the changes in sustainability report that is being be depicted by the organisation. The
significance of sustainability innovation is adequately depicted in the assessment, which
needs to be implemented by organisation to support the regulatory requirements and improve
revenue generation capability. Therefore, with the implementation of adequate strategy
organisations can improve their current operations.
Indicating about the need for sustainable strategy by business:
In light of the current trend, using sustainability programs within the organisation is
directly reducing the level of carbon emission and waste, which is beneficial to the
environment and Society. However, complying with the regulations of sustainability
programs is directly hampering the organisational capability to continue its productivity and
profitability. In mere business terms, it can be detected that organisations that are not for
leaving the sustainability approach is directly getting hampered by regulators, governments
and society. Therefore, it is necessary for the organisations to develop an adequate strategy
that supports sustainability programs, while improving their current productivity. The
adoption of these measures is directly allowing the organisations to innovate new ideas for