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Governance and Sustainability in BHP Billiton

   

Added on  2020-04-07

10 Pages2394 Words376 Views
Leadership Management
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Running head: Governance and sustainability Governance and sustainability
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Governance and sustainability Table of ContentsIntroduction.................................................................................................................................................4Strategies to develop ethical engagement and to build cooperation with corporate stakeholders in BHP Billiton........................................................................................................................................................4Accountability and transparency in BHP Billiton........................................................................................5Relationship between environmental and social risk and corporate performance in BHO Billiton..............5Key concepts and techniques of sustainability development in BHP Billiton..............................................6Design management strategies for sustainability in BHP Billiton...............................................................7Conclusion...................................................................................................................................................7References...................................................................................................................................................82
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Governance and sustainability IntroductionThe report talks about the sustainability development approaches are followed by thecompany. BHP Billiton has been selected for the report. The report presents the key features andtechniques used by the company. The strategies planned by the company are made with the helpof stakeholders and other professionals. The report presents the example of sustainabilitydevelopment by explaining about the BHP Billiton. BHP Billiton is a leading global resourcemining company. It was founded in 1885 and it has seen many ups and downs in the last pastyears. The company is expanding and flourishing its business day by day. The company servesthe products worldwide. The Company is dealing in iron ore, coal, petroleum, copper, naturalgas, nickel &uranium across the world. It is one of the biggest mining companies inAustralia. The report talks about the way followed by the BHP Billiton to make sustainabledevelopment with the help of stakeholders and marketers. The report describes the social andenvironmental risk that the company goes through while making decisions to sustain in future.The report explains the design management criterion that is adopted by company for growth andsuccess. Everything is planned keeping in mind to achieve a common goal. Overall, the reportmajorly focuses on sustainability development. It explains that how the company is maintainingtransparency and accountability in the firm.Strategies to develop ethical engagement and to build cooperation with corporatestakeholders in BHP BillitonThe ethical engagement and corporation play a vital role in BHP Billiton. To developethical engagement the company must communicate with the stakeholders. They help in makingdecisions at every level. To develop the engagement the company adopts new approach andstrategy. The main aim of the company is to engage deeply in the business activities andoperations with other companies for its growth and success. The Company engages with largestakeholder to expand their business on a large scale. They follow this strategy in order to meetthe long term goals and objectives (Linnenluecke, Meath, Rekker, Sidhu & Smith, 2015). TheCompany engages with the stakeholders in many different ways. The company shares all theinformation with stakeholders which is related with business. Further, many activities are3
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