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(PDF) Reclaiming the Definition of Sustainability

   

Added on  2021-02-19

6 Pages1296 Words100 Views
SUSTAINABILITY REPORT

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................3MAIN BODY...................................................................................................................................3Vision and Mission.................................................................................................................3Governance mechanism..........................................................................................................3Guidelines...............................................................................................................................5CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7

INTRODUCTIONSustainability is defined as the ability of to maintain anything at a particular level. In thiscompetitive world it is very necessary for companies to maintain sustainability because ofintense competition the resources are used to a large extent but the resources are very scarce.Therefore, it is very necessary for companies to maintain sustainability. For the present report thechosen company is Wesfarmers (Jenkins, Annandale and Morrison-Saunders, 2003). It is a conglomerate company which is headquartered in Perth, Western Australia. Thiscompany was founded in 1914 as a cooperative which provides merchandise and services toWestern Australia. The report will outline the vision and mission relating to sustainability.Further it will discuss the governance mechanism used to address sustainability. At last someguidelines will be highlighted in implementing environment and social performance.MAIN BODYVision and MissionVisionWe aim to achieve satisfactory return for the shareholders by looking after our employees andproviding them with safe working environment and also taking care of the needs of customersand taking care of the environment and to make sure that the activities of our company are safefor environment (Wesfarmers Sustainability report 2018, 2018).MissionTo reduce the emission intensity of the business and to improve the climate changeresilience especially focusing on energy efficiency.To maintain good corporate governance policies for maintaining the level ofenvironment.We strive to reduce the waste of landfill and water use wherever it is possible to reduce.With all the mission and vision, it is clear that the company focuses on the sustainabilityas it is evident from the mission of company that it focuses on every stakeholder of the companyand the environment as well.Governance mechanismThe company is very committed in providing satisfactory returns to all of its stakeholdersby fulfilling its corporate responsibilities and obligation towards all of its stakeholders and the

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