logo

BBAC502 Melbourne Water - Corporate Social Responsibility

13 Pages2197 Words124 Views
   

Added on  2019-10-30

BBAC502 Melbourne Water - Corporate Social Responsibility

   Added on 2019-10-30

ShareRelated Documents
Running head: PRACTICE OF CSR COMPONENTS IN MELBOURNE WATER AND THEIRIMPACT TO THE LOCAL COMMUNITY Practice of CSR components in Melbourne Water and their impact to the local community Name of the Student:Name of the University:Author Note:
BBAC502 Melbourne Water - Corporate Social Responsibility_1
2PRACTICE OF CSR COMPONENTS IN MELBOURNE WATER AND THEIR IMPACT TOTHE LOCAL COMMUNITY Executive Summary The current segment explains Corporate Social Responsibility of Melbourne Water. The currentsegment analyzes two components of Corporate Social Responsibility that is social reporting andenvironmental reporting. The present study gives proper emphasis upon explaining CorporateSocial Responsibility and its practices at Melbourne Water. Impact of social and environmentalreporting is properly explained that reports to the local community as a whole. The company isthe leader in Corporate Social Responsibility activities. The company is working hard to meetthe needs and prospect of the shareholders.
BBAC502 Melbourne Water - Corporate Social Responsibility_2
3PRACTICE OF CSR COMPONENTS IN MELBOURNE WATER AND THEIR IMPACT TOTHE LOCAL COMMUNITY Table of ContentsIntroduction......................................................................................................................................3Corporate Social Responsibility and its practice in Melbourne Water............................................3Components of CSR........................................................................................................................5Social Reporting..........................................................................................................................5Environmental Reporting.............................................................................................................5Impacts of social reporting to community...................................................................................6Key achievements........................................................................................................................6Disappointments..........................................................................................................................6Challenges....................................................................................................................................7Impact of environmental reporting to community...........................................................................7Key achievements........................................................................................................................7Disappointments..........................................................................................................................8Challenges....................................................................................................................................9Conclusion...................................................................................................................................9Reference List................................................................................................................................11
BBAC502 Melbourne Water - Corporate Social Responsibility_3
4PRACTICE OF CSR COMPONENTS IN MELBOURNE WATER AND THEIR IMPACT TOTHE LOCAL COMMUNITY Introduction This study deals with explaining the theory of Corporate Social Responsibility that is practiced atMelbourne water (Melbournewater.com.au 2017). Melbourne water is one of the Australiancompanies that are listed as Australia’s top business leaders in the Corporate SocialResponsibility. The company supplies water from 9 major reservoirs with a total capability of1773000 million liters, 64 service reservoirs and 1030 kilometers of water distribution mains.The company operates 46 drainage, water pumping stations as well as sewage (Christensen,Mackey and Whetten 2014). Melbourne Water manages with the water supply catchments aswell as removes and treats most of the sewage and manages further rivers and creeks that arepresent in the major drainage systems. The Sustainability Report of Melbourne Water explainshow the company meets social as well as environmental responsibilities. Melbourne Waterengages in looking at incorporating course from the Global Reporting Initiative. Here, GRI isone of the globally focused not-for-profit organization that developed a treatment structure forthe purpose of sustainability exposure (Zentes, Morschett and Schramm-Klein 2017). Corporate Social Responsibility and its practice in Melbourne Water Sustainability development is the development that aims at meeting the needs of present withoutcompromising the skill of outlook generations for meeting their own needs (Takkar 2015).Melbourne water is committed towards protecting as well as conserving water resources of thecompany. They believe in protecting as well as improving the environment that includesbiodiversity. The company ensures responsible risk management. Melbourne water believes insharing of information as well as fostering collaborative working relationships. The company
BBAC502 Melbourne Water - Corporate Social Responsibility_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Assignment | Wastewater Management of Melbourne Water
|14
|2102
|133

Marketing Management Assignment | Value Analysis Assignment
|20
|4625
|38

Business Ethics and Sustainability
|11
|3378
|453

CSR and Sustainability Reporting
|11
|2746
|345

Corporate Social Responsibility and Sustainability at Nestlé Sri Lanka
|15
|3065
|349

Corporate Social Responsibility Assignment Conclusion
|10
|2545
|280